Title : THE ECONOMIC REACTOR - A Route to Sustainable Growth and Happiness
Language : English
Authors : Rajiv Bahl
Genre : Non-Fiction
Publisher : Power Publishers ( Dec 2014 )
Edition : 1st
ISBN-13 : 9789384333690
ISBN-10 : 9384333697
Binding : Paperback
Price : Rs. 425 ( Buy from Flipkart.com @Rs. 412/- ( 3%Off! )
Pages : 333
The Book Summary : A well functioning economy should deliver sustainable economic growth and generate greater prospects for human happiness. Every economy is an engine of many parts, each of which has a specific role to play. A malfunctioning part cannot be compensated for by other parts working superlatively. The parts include a sound system of universal education geared towards independent thinking, an effective justice delivery system and some aspects of culture, especially a respect for the property of others and a willingness to countenance views that go against currently accepted beliefs and understandings. Cultural values must also assist in resisting the usurpation of individual rights by governments or others. Economic policies must safeguard the value of currency and ensure equality of opportunity by suppressing monopolistic behavior. Curiously, the working of the economic engine and its parts, correspond exactly with the working and parts of a nuclear reactor and power plant, giving rise to the title of this book.
My Point of View ( P.O.V ) : To be frank, non-fiction books, particularly of this genre, is not really my forte. But then, I've found, reading such books once in a while, fills your mind and brains with so much new knowledge that it becomes totally worth it in the end. It happened so with this book, where the author pretty much describes his own personal experiences and journey as an entrepreneur and his vast knowledge gained 'hands-on', on the subject. The book is almost like a text book ( looks like one too ) with minute details, and it deals with the intriguing yet so important subject of 'functioning of an economy' ( that affects one and all ) with a nuclear reactor; although, the author himself is not really an economist. The book is vast and one that may be of interest to those who loves the subject; but for those ignorant ones too, it might come across as a pleasant read - one, which deals with all the possibilities out there. I fall in that 'ignorant' bracket myself; hence, I must say, learning about something new is always a great experience. Is there any connection between an economy and a nuclear reactor? The author seems to think so, and draws compelling comparisions between the two - both of which, almost functions in a similar manner. As in, the economy with its various contributing parts and a nuclear reactor and its power plant. The fact that the author is not an economist himself, is considered more as his strength literally, in writing this book - as he had no pre-conceived notions or any fixed ideas on the subject. Interestingly, the author also includes cultural values and human happiness etc as important ingredients too, while aiming for survival and sustainability of such economy.
Positives : Interesting subject written in elaborate and quite detailed manner.
Negatives : None, except the price perhaps.
Who will enjoy this? - Everyone!
Buy or Don’t Buy? – A Must Buy!
About the Author : Rajiv Bahl is not a trained economist, subscribing to any school of economic thought. He considers that to have been his strength in writing The Economic Reactor. It enabled him to approach the subject without any preconceived and fixed ideas.He went out to sea at a young age and traveled around the word for years, seeing for himself how different economic policies and cultural values generated different rates of economic growth and discernible happiness. It gave him food for thought and long voyages made him a voracious reader. Later, he started and successfully ran a business in India, a difficult place to do business in. That gave him reason to fantasize about how it could have been better. This book germinated in his mind for over a decade before he decided to write it down.
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