India's Tryst with Destiny

Indian democracy was a huge success from the beginning until recently when serious questions emerged about governance which we now must address.

Economics (which the authors address in the book and forms its main theme) was a disaster at the outset because of a counterproductive policy framework, embraced and defended for long by most economists due to mounting evidence of failure.

Jagdish Bhagwati,  Arvind Panagariya