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ESC Book Archive
Political Economy

The Road to Serfdom

4/20/2021

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Author: Friedrich Hayek
Picture
Synopsis by MD. Rakibul Mobin

Purchase Availability: Amazon.com, Rokomari.com, Nilkhet,  Aziz Super market, New Market, Bookspider BD, MKBookhousebd, Bigglobooks,  Tome BD
[Customization available at Pathak Shomabesh, Pustoq, The Book Basement, Booktique]

Price Range:
BDT 250 - BDT1700

Synopsis:

Since its publication back in the 1940s, ‘The Road to Serfdom’ has played an influential role in illustrating liberalism. Author Friedrich Hayek strongly opposed the state control over the means of production in the book when it seemed pretty heretical as the then US first lady Eleanor Roosevelt espoused a totalitarian state’s head Stalin’s effort. Hayek feared the collectivist idea of empowering government with increasing economic power might lead countries to some sort of fascist institutions. He instead focused on individualism for economic development as a whole. He also argued that western democracies (i.e., the United States and the United Kingdom) have “progressively abandoned that freedom in economic affairs without which personal and political freedom has never existed in the past.” And in such a way, society leads to centralized planning, which naturally leads to totalitarianism. 


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The Shock Doctrine

4/20/2021

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Author: Naomi Klein
Picture
Synopsis by Faisal Quaiyyum Inan

Purchase Availability: 
Nilkhet, New Market, Aziz Super market, Amazon.com,  Rokomari.com, BoiBazar.com, Bookspider BD, MKBookhousebd, Bigglobooks,  and Tome BD
[Customization available at  Pathak Shomabesh, Pustoq, The Book Basement, Booktique]

Price Range:
BDT 550 - BDT 9000


​Synopsis:
​
The Shock Doctrine is a book that tells the gripping stories of how American neoliberal free market policies have secretly carried the domination of the world - through the exploitation of national-crises(disaster and upheavals) shocked people and countries. This book shows how the controversial and questionable policies and laws are established when the citizens are emotionally and physically vulnerable and distracted in the time of national crises to effectively resist those policies and laws. 

The book begins with a chapter that explains how the shock doctrine works by showcasing some experiments of a psychiatrist in collaboration with the CIA. In addition, the next chapter shows the author's perspectives of capitalism's domination through popularization of free market policies. In the rest of the book, the author went on to elucidate how the shock doctrines are used to transform and exploit many countries such as Poland, China, South Africa, Russia, Four Asian Tigers, Iraq and so on under the taglines of free markets. In the last part of the book, Naomi illustrates the winners and the losers of economic shock therapy.


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The Great Transformation

4/20/2021

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Author: Karl Polayni
Picture
Synopsis by Kazi Aiman Udoy
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Purchase Availability:
Pathak Shomabesh, Nilkhet, New Market, Aziz Super market, Amazon.com, MKBookhousebd,   BoiBazar.com,  Bigglobooks, and Bookspider BD, Tome BD
[Customization available at Pustoq, The Book Basement, Booktique]

Price Range:
BDT 300 – BDT 2500

Synopsis:

The Great Transformation, by Karl Polanyi, is a great alternative to the ideas of John Maynard Keynes, Karl Marx or Friedrich Hayek. Those leafing through books on political economy, examining the theory and history of economics, 1944 is a crucial year. Friedrich Hayek published his book The Road to Serfdom and John Maynard Keynes was amidst assisting with building up the Bretton Woods framework. Among them, books and economic theories helped shape the political and economic policies of the post-war time frame.


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Why Nations Fail

4/20/2021

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Author: Daron Acemoglu & James A. Robinson
Picture
Synopsis by Kazi Aiman Udoy

Purchase Availability: 
Nilkhet, Aziz Super market, Pathak Shomabesh, NewMarket, Amazon.com,  Rokomari.com, Daraz.com,  
​BoiBazar.com,  MKBookhousebd,  New Book Corner,  Bigglobooks,  Bookspider BD, Tome BD
[Customization available at Pustoq, The Book Basement, Booktique]

Price Range:
BDT 250 - BDT 1300

Synopsis: 
​
"Why Nations Fail" is a broad endeavor to clarify the painful neediness that leaves 1.29 billion individuals in the creating scene battling to live on under $1.25 every day. You may anticipate that it should be a somber, desensitizing read. It's most certainly not. It's supporting, chatty, fiercely yearning and eventually confident. It might, indeed, be a bit of a masterpiece.
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In Why Nations Fail Acemoglu and Robinson look to pass on to a much more extensive crowd the consequences of numerous years' way breaking research on the historical job of institutions – characterized as "the standards affecting how the economy functions and the incentives that propel individuals" – and their effect. The outcome is an exceptionally meaningful work of gigantic geological and ordered reach that tends to quite possibly the most major problems of the contemporary world. With a lot of its substance comprising ordinary, chronicled accounts – this book will without question appeal to a wide readership.


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    Categories:

    Microeconomics
    Macroeconomics
    Development Economics
    Behavioral Economics
    Political Economy
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  • ESC BLOG
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  • Announcements
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  • Contact