What is the wealth of nations? How can we measure it? What is the impact of education on wealth? Will the spread of education increase or decrease inequality of incomes?
These profound questions affect all peoples and countries and are frequently discussed at many levels by the media, political leaderships, writers, thinkers and of course economists.
Adam Smith initiated the subject of economics with his book An Inquiry into the Wealth of Nations. Since then much serious economic research has focused on how people and nations can achieve wealth and welfare equitably.
Surjit Bhalla is one of the finest economists from India who has frequently contributed to economic research and debate has now put out a new book, The New Wealth of nations.
Surjit has contributed in a very significant manner to the literature in economics. He he has also written 2 books on cricket and also has been one of the leading forecasters and analysts of Indian elections.
Surjit’s new book is provocative and creative, shedding light on issues of country and global prosperity and equity. As always, he does very fine quantitative work providing solid evidence for his arguments.
Listen to this very interesting podcast. It will certainly provoke you into thinking and investigating his ideas further.
Listen to this and let us reinvigorate research and debate into change.
Listen to this fascinating discussion. There is much to learn and research here.
You can also look at my book “Looking Back: How Pakistan Became an Asian Tiger in 2050” now available in hard copy in Pakistan here http://www.libertybooks.com/index.php?route=product/search&search=Nadeem%20ul%20haque&category_id=0Soft copy here. https://www.amazon.com/Looking-Back-Pakistan-Became-Asian-ebook/dp/B06X94135J/ref=sr_1_1?s=books&ie=UTF8&qid=1488133596&sr=1-1&keywords=nadeem+haque
Listen and learn and write some papers on this subject. Don’t forget to cite Soch Bichar
Please subscribe to Soch Bichar if you like it. Tell you friends about it. That is the only way to grow a public discussion. And we need a wider conversation on these important subjects.
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