Economics Without Tears: A New Approach to an Old Discipline
Ashok Sanjay Guha
Penguin
242 pages
Rs 299
For too long, economics has been thought of as the preserve of a tiny minority, one that can make sense of its bewilderingly complex possibilities. The subject starts off simply enough, with most everyone who goes to school aware of the delectably graspable demand-supply curve; but the more the real world intrudes, the more adherents the subject loses.
Economics also suffers from that unique conundrum: In which bucket should the discipline be placed? Does it belong to the “science” pile, given how neatly some of its basic
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