New wealth of nations (Record no. 180094)

MARC details
000 -LEADER
fixed length control field 02219nam a2200193Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220427231944.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 200208s9999 xx 000 0 und d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9789386797025
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 331.11423 BHA
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Bhalla, Surjit S.
245 #0 - TITLE STATEMENT
Title New wealth of nations
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. London
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Simon & Schuster
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2017
300 ## - PHYSICAL DESCRIPTION
Extent 207 p.
520 ## - SUMMARY, ETC.
Summary, etc. The emerging world was poor and illiterate just forty years ago. Today, over 70 per cent of the world’s middle class resides in the erstwhile poor countries; world income inequality is down to levels last observed in 1870; and there has been a large reduction in absolute poverty. What accounts for such rapid development and catch-up? Distinguished economist Surjit S. Bhalla’s The New Wealth of Nations offers a short answer—the spread of education.<br/>The very large increase in college graduates in the non-Western world, the growing educational achievements of women and the radical change in gender roles is critical to the understanding of current-day mega-trends. Indeed, this unprecedented development—which creates competition globally and lowers employment costs—is also why world inflation has been low and declining, for nearly twenty years.<br/>Here is a book that breaks new ground. Besides identifying the fallacies in anti-globalization rhetoric—voiced by Brexit and Trump supporters—it points out a major lacuna in current attempts to measure wealth inequality. Through a series of compelling arguments, anecdotes, studies, calculations, tables and charts, Bhalla emphatically reminds us that education is the new wealth and is, in fact, currently of a greater magnitude than financial wealth and much more equally distributed.<br/>Even while acknowledging the giant strides made by the developing world, The New Wealth of Nations investigates the downsides to the explosion of education and technology and why countries, rich and emerging, will have to explore options like basic income and negative income tax, so that a new welfare order, appropriate for the changed—and changing—21st century can emerge.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Education - Social aspects., Education - Economic aspect
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Source of classification or shelving scheme Dewey Decimal Classification
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total checkouts Full call number Barcode Date last seen Price effective from Koha item type
  Not Missing Dewey Decimal Classification Not Damaged   Gandhi Smriti Library Gandhi Smriti Library 2020-02-08   331.11423 BHA 160898 2020-02-08 2020-02-08 Books

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