<p>This is an unusual book of memoirs of both a distinguished economist and a successful public servant. His contributions qua economist could surpass those of many others who devoted their life-time only to teaching and research in India. He has figured conspicuously in the top international journals in economics with articles on different aspects of the subject.</p> <p><br /> Bhatt as a memorialist has scrupulously avoided being on a self-adulatory ego-trip; he has focused mainly on contextualising his personality in the economic profession of his time in India. He imbibed his apparatus of thought from his great teachers at Harvard like professors, J. Schumpeter, W. Leontief, A. Hansan and A. Gerschenkron, which he harnessed with great success for his creativity in economics. His memoirs are a unique narrative of how economics as a rigorous social discipline evolved in India, superseding most of the arid descriptive economics of his predecessors in pre-war India. He meticulously but without being self-referential describes how the research department of the Reserve Bank of India created a niche for itself in economic research, even overtaking the leading and older central banks in the US and the European continent.</p>

<p><strong>Dr. V.V. Bhatt</strong>, educated at the University of Bombay and Harvard University had a successful career both as an academic and a national and international civil servant.</p> <p><br /> As a frequently cited economic researcher, he published some of his seminal articles on capital-output ratios, choice of techniques, balanced and unbalanced growth, project evaluation, income-distribution in India— all major topics in the evolving discipline of development economics.</p> <p>For exegesis of his ideas he chose various internationally acclaimed peer-reviewed journals.</p> <p><br /> He authored nine books on economics. As a public servant, he held high posi-tions such as Economic Adviser, Reserve Bank of India and Chief Executive in the Industrial Bank of India and also Chief, Public Finance Division in the World Bank.</p>