Alluring... [Basu's] latest book, subtitled Groundwork for a New Economics, aims to show that many economists have dogmatically accepted capitalist theories as fact and have failed, as a result, to scrutinize their own discipline... Basu devotes the bulk of the text to deconstructing some sacrosanct tenets of capitalism that have become entrenched in government policy over the past 60 years. ... Read more
Timothy R. Homan, Bloomberg A most interesting and ... a most significant book... Basu's book is the first serious study of the modern myth related to the 'Invisible Hand' I have seen anywhere.
Gavin Kennedy, Adam Smith's Lost Legacy Basu has rethought and modernized socialism in this book. He has done so without cluttering it up with Marxist jargon or abstract mathematics; the worst the reader will encounter in this book is game theory, which, though it is not all fun and games, is pretty easy to follow. It is a book worth reading by the socialist types who run our country, as well as those who need to understand socialism to dissent from it.
Business World [A] very rewarding read... This is Basu's most ambitious and rewarding book, and it works
there's no public policy debate in India it's not relevant to.
The Economic Times This book should be read by anyone interested in economics for its in-depth thinking, although its targeted readership is more basically professional economists.
Wladimir Andreff, European Legacy Beyond the Invisible Hand will be useful to political economists who want to see how game theory can shed light on the ways that groups and races of rational actors may assume surprising dynamics. It could also be useful to policymakers who must justify arguments about group policies in standard economic terms. [The] author's contributions to political economy deserves to be taken seriously.
Jonathan Schlefer, Perspectives on Politics Show Less