Meghnad Jagdishchandra Desai, Baron Desai
(born 10 July 1940) is an Indian-born British
economist and Labour
politician. He is currently standing for the Speaker in the British House of Lords (2011), the first ever non-UK born candidate to do so.
Born in Vadodara
, Gujarat, India
, Desai grew up with two brothers and one sister.
He is said to have gone to secondary school at age seven and matriculated at 14. He secured a master's degree from University of Mumbai
, after which he won a scholarship to University of Pennsylvania
in August 1960. He completed his PhD at Pennsylvania in 1963.
He worked as Associate Specialist in the Department of Agricultural Economics, University of California, Berkeley
, California . He then became Lecturer at the London School of Economics
in 1965. At LSE, he taught econometrics
, marxian economics
and development economics
over the years.
He wrote his first book Marxian Economic Theory in 1973 followed by Applied Econometrics in 1976 and Marxian Economics, a revised edition of his 1973 book in 1979. He wrote Testing Monetarism
, a critique of monetarism, in 1981.
In the 1970s, he taught an idiosyncratic version of economic principles to freshers at the LSE (starting with Sraffa).
Desai has written extensively on a wide range of subjects. He has published over 200 articles in academic journals and many more articles in newspapers with a regular column in the British radical weekly Tribune
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