Global Crisis and Adam Smith Book Reviews
Global Crisis and Adam Smith by Ratan Lal Basu Book Summary
The paradigm of LGP (liberalization, globalization and privatization) gained accelerated pace with the collapse of communist states during the end of 1980s, opened up avenues of rapid development of developing nations which had so far been shackled by the paradigm of socialism and had bogged down in the quagmire of stagnation. At the same time the new era threw a formidable challenge to the world economy based on free market mechanism. A series of crises have gripped the global economy in general and the major economies in particular ever since the emergence of the globalized new era.
Economists belonging to various schools of thought have explained the causes and devised solutions in their own way. Mainstream economists have ascribed the causes to certain unethical practices in the corporate world without going into the psychosis of such unethical or inadvertent activities. Keynesians have sought the cause in liberalization and relaxation of state control over the economy and radical Marxists have envisioned the end of capitalism in the crises.
This e-book endeavors to point out that a more profound explanation and hint of a more enduring solution is to be found in the writings of Adam Smith, the father of modern economics. This particular aspect has scarcely been explores so far.
Book Name | Global Crisis and Adam Smith |
Genre | Business & Personal Finance |
Author | Ratan Lal Basu |
Published | 04 March 2023, Saturday |
Language | English |
E-Book Size | 99.72 KB |
Global Crisis and Adam Smith (Ratan Lal Basu) Book Reviews 2024
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Download Link | Book Format |
global-crisis-and-adam-smith-ebook.pdf | |
global-crisis-and-adam-smith-ebook.epub | EPUB |
global-crisis-and-adam-smith-ebook.kindle | KINDLE |
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Summary of Global Crisis and Adam Smith by Ratan Lal Basu
The Global Crisis and Adam Smith book written by Ratan Lal Basu was published on 04 March 2023, Saturday in the Business & Personal Finance category. A total of 42 readers of the book gave the book 0 points out of 5.
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