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Political game-changers in economics

Book review of Money and Power: The World Leaders Who Changed Economics

Book cover
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Book cover of Money and Power: The World Leaders Who Changed Economics

Ashis Ray London
Sir Vince Cable was Britain’s Secretary of State for Business in Prime Minister David Cameron’s 2010-2015 government and thereafter leader of the Liberal Democrats. He is an economist who warned of an impending crisis before the global economic meltdown of 2008-9. He has now written  Money and Power — profiles of 16 “world leaders who changed economics” over the past 250 years.

In his select group is Dr Manmohan Singh, on whom he has devoted an entire chapter and analysed his influence on the Indian economy. “What influenced his intellectual journey, which went from Cambridge Keynesian economics and Nehruvian socialism to