Third pillar : how markets and the state leave the community behind
By: Rajan, Raghuram G.
Publisher: Noida HarperCollins Publishers 2019Description: xxviii, 435p.ISBN: 9789353028398.Subject(s): Economics--Sociological aspects -- Economic development--Social aspects -- Democracy--Economic aspects -- Communities -- CapitalismDDC classification: 306.3 Summary: Raghuram G. Rajan has an unparalleled vantage point on the socio-economic consequences of globalization and their ultimate effect on politics. In The Third Pillar, he offers a big-picture framework for understanding how these three forces - the state, markets and communities - interact, why things begin to break down, and how we can find our way back to a more secure and stable plane. The 'third pillar' is the community we live in. Economists all too often understand their field as the relationship between markets and the state, and they leave squishy social issues for other people. That's not just myopic, Rajan argues; it's dangerous. All economics is actually socioeconomics - all markets are embedded in a web of human relations, values and norms. The Third Pillar is a masterpiece of explication, a book that will be a classic for its offering of a wise, authoritative and humane explanation of the forces that have wrought such a sea change in our lives.| Item type | Current location | Call number | Status | Date due | Barcode |
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Books
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NASSDOC Library | 306.3 RAJ-R (Browse shelf) | Available | 50508 |
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Raghuram G. Rajan has an unparalleled vantage point on the socio-economic consequences of globalization and their ultimate effect on politics. In The Third Pillar, he offers a big-picture framework for understanding how these three forces - the state, markets and communities - interact, why things begin to break down, and how we can find our way back to a more secure and stable plane. The 'third pillar' is the community we live in. Economists all too often understand their field as the relationship between markets and the state, and they leave squishy social issues for other people. That's not just myopic, Rajan argues; it's dangerous. All economics is actually socioeconomics - all markets are embedded in a web of human relations, values and norms. The Third Pillar is a masterpiece of explication, a book that will be a classic for its offering of a wise, authoritative and humane explanation of the forces that have wrought such a sea change in our lives.
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