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Palgrave Studies in the History of Economic Thought
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Ajit Singh of Cambridge and Chandigarh

An Intellectual Biography of the Radical Sikh Economist

Authors: Saith, Ashwani

  • Provides an insight into the key issues and transformations of Cambridge economics over the last fifty years
  • Examines the life and works of Ajit Singh within the wider context of the history of economic thought
  • Includes letters, photos and insights from Ajit Singh's family and colleagues
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Buy this book

eBook 59,49 €
price for Germany (gross)
  • The eBook version of this title will be available soon
  • Due: 2. Juli 2019
  • ISBN 978-3-030-12422-9
  • Digitally watermarked, DRM-free
  • Included format:
  • ebooks can be used on all reading devices
Hardcover 106,99 €
price for Germany (gross)
  • Due: 2. Juli 2019
  • ISBN 978-3-030-12421-2
  • Free shipping for individuals worldwide
About this book

This book examines the life and work of Ajit Singh (1940-2015), a leading radical post-Keynesian applied economist who made major contributions to the policy-oriented study of both developed and developing economies, and was a key figure in the life and evolution of the Cambridge Faculty of Economics. Unorthodox, outspoken, and invariably rigorous, Ajit Singh made highly significant contributions to industrial economics, corporate governance and finance, and stock markets – developing empirically sound refutations of neoclassical tenets. He was much respected for his challenges both to orthodox economics, and to the one-size-fits-all free-market policy prescriptions of the Bretton Woods institutions in relation to late-industrialising developing economies. Throughout his career, Ajit remained an analyst and apostle of State-enabled accelerated industrialisation as the key to transformative development in the post-colonial Global South. The author traces Ajit Singh’s radical perspectives to their roots in the early post-colonial nationalist societal aspirations for self-determination and autonomous and rapid egalitarian development – whether in his native Punjab, India, or the third world – and further explores the nuanced interface between Ajit’s simultaneous affinity, seemingly paradoxical, both with socialism and Sikhism. 
This intellectual biography will appeal to students and researchers in Development Economics, History of Economic Thought, Development Studies, and Post-Keynesian Economics, as well as to policy makers and development practitioners in the fields of industrialisation, development and finance within the strategic framework of contemporary globalisation.

About the authors

Ashwani Saith is Emeritus Professor at the International Institute of Social Studies of Erasmus University Rotterdam (EUR), Netherlands. He has held positions at the Delhi School of Economics; Faculty of Economics, Cambridge University, where he took his PhD; Queen Elizabeth House, Oxford University; and at the London School of Economics where he was the first Chair of Development Studies and Director of its Development Studies Institute. He has served on the editorial boards of several leading academic journals, and published extensively on the political economy of development and on economic history.

Reviews

​“Brilliant! This is not only an excellent extremely well written biography of Ajit but also a tour de force on the debates amongst Cambridge economists over the last fifty years. Essential reading for post-graduate economics and development studies students in developed and developing countries.” (Rashid Amjad, Professor and Director of the Graduate School, Lahore School of Economics, Pakistan)
“Ajit Singh richly deserves an intellectual portrait but this biography discusses much more than his life and work. The contributions of the eminent political economist are highlighted in the context of globalization and the rivalries among its theoreticians and practitioners, rooted in their divergent schools of thought” (Jan Breman, Emeritus Professor University of Amsterdam, Honorary Fellow of the International Institute of Social History, Amsterdam.) 
“This is an excellent book. Through the focus on Ajit it tells the story of Cambridge applied economics in a new way - much better than write-ups that place the story in the context of economics as an academic subject.” (Francis Cripps, Director of Alphametrics, Bangkok, Thailand.)
“Ajit Singh’s intellectual biography is of the greatest interest to anyone wishing to understand the evolution of economic ideas since the 1950s. Ajit Singh’s intellectual range was remarkable. His writings had a major influence across a wide range of subjects within the discipline. This book deserves to be warmly welcomed as a major contribution to the history of modern economic thought.”(Peter Nolan, Emeritus Professor, Judge Business School, University of Cambridge, UK.)
“An excellent book on the range and significance of Ajit Singh’s initial work on corporations and the stock market, and his later work on development. It also describes his struggles in the Cambridge economics faculty and against the IMF & World Bank.” (Michael Ellman, Emeritus Professor of Economic Systems with Special Reference to Transition Economies, University of Amsterdam, Netherlands.) 
“Through this fascinating biography of Ajit Singh, Saith has given us a rich history of the Cambridge School as well as a compelling narrative of the institutional politics of development that relegated to the margins the heterodox perspectives of postcolonial intellectuals.” (Akhil Gupta, Professor, Department of Anthropology & Director, Center for India and South Asia (CISA) University of California, Los Angeles, USA.)

Buy this book

eBook 59,49 €
price for Germany (gross)
  • The eBook version of this title will be available soon
  • Due: 2. Juli 2019
  • ISBN 978-3-030-12422-9
  • Digitally watermarked, DRM-free
  • Included format:
  • ebooks can be used on all reading devices
Hardcover 106,99 €
price for Germany (gross)
  • Due: 2. Juli 2019
  • ISBN 978-3-030-12421-2
  • Free shipping for individuals worldwide
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Bibliographic Information

Bibliographic Information
Book Title
Ajit Singh of Cambridge and Chandigarh
Book Subtitle
An Intellectual Biography of the Radical Sikh Economist
Authors
Series Title
Palgrave Studies in the History of Economic Thought
Copyright
2019
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG, part of Springer Nature
eBook ISBN
978-3-030-12422-9
DOI
10.1007/978-3-030-12422-9
Hardcover ISBN
978-3-030-12421-2
Edition Number
1
Number of Pages
XXXVIII, 463
Number of Illustrations
12 b/w illustrations, 10 illustrations in colour
Topics