Surjit S. Bhalla

Ankur Choudhary

Has the potential to change how cricket is discussed, judged, coached and played.' James Astill. 'A fascinating contribution and a testimony to the observation that sport, life, statistics and obsession can be great fun. ' Lord Nicholas Stern. Who are the best and the greatest batsmen, bowlers, captains, teams and all-rounders in ODI history? How accurately can cricket matches be predicted? Which teams and players perform the best under stress? Who is likely to become the most successful team of this decade and why. Cricket has its glorious uncertainties but some things are less uncertain than commonly believed. Criconomics breaks new ground in cricket research by eliminating subjectivity to bring home intriguing truths for both serious as well as casual fans. It explores what really works in predicting player and team performances and shows how batting and bowling can be evaluated in a symmetrical manner. After reading Criconomics, you will be able to size up batsmen and bowlers, predict first innings scores and chances of successful chases that too, without even having to use a calculator! The book also speculates on the future of Test, ODI and T20 cricket and gives recommendations for all the three forms of cricket to flourish.

Everything You Wanted to Know about Odi Cricket and More

Criconomics

Refer a critical discussion of the content in this book by Martin Ravallon in 'Economic and Political Weekly'. Vol. 37, 46, 2002. pp. 4638-4645.

Poverty, Inequality, and Growth in the Era of Globalization

Imagine There's No Country

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. 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. 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. 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. * Surjit S. Bhalla has been recently appointed as a member of PM Modi’s Economic Advisory Council, and his new work is a ground-breaking achievement that argues for a new welfare order across nations which is better suited for the constantly transforming time we live in. * Through a series of compelling arguments, anecdotes, studies, calculations, tables, and charts, noted economist Surjit S. Bhalla establishes in his latest book that education is the new wealth of nations. * This book offers insights into the definitions of the poor, the middle class, and the rich, while relating each of these to advances in schooling attainment. It explores the economic reasons behind the political success of globalization in the Western world till the early 2000s, and now its fall from grace in these same countries as notably evidenced by Brexit and the rise of Donald Trump. * Releasing for authors UK visit in February 2018.

Surjit S. Bhalla

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