An Economist in the Real World

Download or read book An Economist in the Real World written by Kaushik Basu and published by Penguin UK. This book was released on 2016-02-11 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Appointed as the chief economic adviser (CEA) to the Government of India in 2009, Basu—a theorist, with special interest in development economics, and a professor of economics at Cornell University—discovered the complexity of applying economic models to the real world. Effective policymaking, Basu learned, integrates technical knowledge with political awareness. In this book, he describes the art of economic policymaking, viewed through the lens of his two and a half years as CEA.