Indian in Hayek Prize shortlist

Journalist-writer Hindol Sengupta's book on entrepreneurial ventures in India has been shortlisted for the US' prestigious Hayek Prize this year.
"Recasting India: How Entrepreneurship is Revolutionizing the World's Largest Democracy" is among the six books in race for the USD 50,000 prize awarded by the Manhattan Institute each year to writers whose work best celebrates the principles of Austro-Hungarian Nobel laureate in economics, Friedrich von Hayek.
The book, published by Palgrave Macmillan Trade, encapsulates real stories of extraordinary enterprise of ordinary people and is about businesses that have sprung much before the 'Make in India' concept was floated.
With case studies from a flourishing cold storage and fruit processing unit in Kashmir, which has lost a generation to violence to the astounding story of the class X educated Dalit girl now a successful business person, Padma Shri Saroj and the story of 20 women who moved from manual scavenging to set up a detergent factory, these are the stories of those who are channelising their frustrations, fears, anxieties and dreams into entrepreneurial fervor.

Other shortlisted books include "The Forgotten Depression: 1921: The Crash that Cured Itself" by James Grant; "The Rule of Nobody: Saving America from Dead Laws and Broken Government" by Philip K Howard; "The Market and Other Orders (The Collected Works of F A Hayek)" by F A Hayek, edited by Bruce Caldwell; "Putin's Kleptocracy: Who Owns Russia" by Karen Dawisha; and "The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor" by William Easterly.
Amity Shlaes, who chairs the jury for the prize, said, "These books remind us of the extreme relevance of Hayek to our current circumstances in the United States and abroad. Neither the presidential election nor the economy can be understood without Hayek."

Manhattan Institute President Lawrence Mone added, "We have been pleased to see Hayek's work and this prize grow in popularity over the years. We're looking forward to honoring one of these worthy finalists at the annual Hayek lecture."
The winner will be announced in late February and will deliver the annual Hayek lecture in New York in early June.
Hayek, author of groundbreaking works such as "The Road to Serfdom" and "The Constitution of Liberty", was the key figure in the 20th century revival of classical liberalism.