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Meghnad Jagdishchandra Desai, Baron Desai (born 10 July 1940) is an Indian-born, naturalised United Kingdom
United Kingdom
economist and Labour politician. He stood unsuccessfully for the position of Lord Speaker in the British House of Lords in 2011,[1] the first ever non-UK born candidate to do so. He has been awarded the Padma Bhushan, the third highest civilian award in the Republic of India, in 2008.[2]

Contents

1 Early life 2 Academic career 3 Saif Al-Gaddafi thesis 4 Personal life 5 Works 6 References 7 External links

Early life[edit] 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 bachelor's degree in Economics from Ramnarain Ruia College and then pursued a master's degree in Economics from the University of Mumbai, after which he won a scholarship to University of Pennsylvania
University of Pennsylvania
in August 1960. He completed his PhD in Economics at Pennsylvania in 1963. Academic career[edit] Currently, he is chairman of the Official Monetary and Financial Institutions Forum (OMFIF) Advisory Board, an independent membership-driven research network. It focuses on global policy and investment themes for off the record public and private sector engagement and analysis. Previously, he has worked as an Associate Specialist in the Department of Agricultural Economics, University of California, Berkeley, California. He then became a lecturer at the London School of Economics in 1965. At the LSE, he taught econometrics, macroeconomics, Marxian economics
Marxian economics
and development economics over the years. He wrote his first book Marxian Economic Theory in 1973 followed by Applied Econometrics
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 Piero Sraffa). Desai has written extensively publishing over 200 articles in academic journals and had a regular column in the British radical weekly Tribune during 1985–1994, in the Indian business daily Business Standard (1995–2001) and in Indian Express and Financial Express. From 1984–1991, he was co-editor of the Journal of Applied Econometrics. A selection of his academic papers was published in two volumes as The Selected Essays of Meghnad Desai in 1995. He has been active in the British Labour Party, becoming chairman between 1986 and 1992, and was made Honorary Lifetime and President of Islington South and Finsbury Constituency Labour Party in London. He was made a life peer as Baron Desai, of St Clement Danes
St Clement Danes
in the City of Westminster, in April 1991.

Meghnad Desai with Bill Clinton
Bill Clinton
in 2001

In 2002, Desai's book Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism stated that globalisation would tend toward the revival of socialism. He published a biography of Indian film star Dilip Kumar
Dilip Kumar
entitled Nehru's Hero: Dilip Kumar
Dilip Kumar
in the life of India
India
(Roli, 2004). He has described the book as his "greatest achievement". Examining Kumar's films – some of which Desai has seen more than 15 times – he discovers parallels between the socio-political arena in India
India
and its reflection on screen. He discusses issues as varied as censorship, the iconic values of Indian machismo, cultural identity and secularism, and analyses how the films portrayed a changing India
India
at that time. In 2003, he retired as Director of the Centre for the Study of global governance, which he founded in 1992 at the London School of Economics (LSE), where he is now Professor Emeritus. He was Chairman of the Trustee's Board for Training for Life, Chairman of the Management Board of City Roads and on the Board of Tribune magazine. Lord Desai was also a founding member of the Development Studies Institute (DESTIN) at the LSE in 1990. Desai retired from the LSE in 2003. Since then he has published Rethinking Islamism: Ideology of the New Terror (2006), The Route to All Evil: The Political Economy of Ezra Pound
Ezra Pound
(2007), a novel Dead on Time, (2009) and The Rediscovery of India
India
(2009). Lord Desai serves as the founder chairman of the Meghnad Desai Academy of Economics in Mumbai (MDAE).[3] MDAE offers a one-year post-graduate diploma in economics, offered jointly with Department of Economics (Autonomous), University of Mumbai. MDAE focuses on applied learning and case studies rather than on rote learning. Students will participate in workshops and seminars with top economics and finance professionals from around the world.[4] Saif Al-Gaddafi thesis[edit] Main article: LSE Libya Links In 2007 Desai was asked by the University of London to serve with Tony McGrew of the University of Southampton
University of Southampton
as one of the two examiners of the PhD thesis of Saif al-Islam Gaddafi, the son of the then leader of Libya. They did not immediately accept the thesis, as it was found to be weak. The candidate was subjected to an oral examination for two and a half hours and Gaddafi was asked to revise and re-submit it.[5] The revised version was subsequently accepted. As Desai had already retired from the LSE he had no involvement with the donation from Saif Gaddafi's charity to the LSE.[6] Learning from the press of these links between LSE and Libya, Desai demanded that the money be returned to the people of Libya.[7] He expressed disappointment at a speech Saif Gaddafi subsequently made on Libyan state television declaring the Gaddafi family's willingness to "fight to the last bullet", observing that "he was not behaving as if he had had an LSE education."[8] Lord (Meghnad) Desai is Chairman of the Official Monetary and Financial Institutions Forum (OMFIF) Advisory Board, an independent financial think tank which serves as a neutral, non-lobbying platform for exchanges among official institutions and private sector counterparties worldwide. Personal life[edit] In 1970, he married his LSE colleague Gail Wilson, his first wife. She was the daughter of George Ambler Wilson, CBE. They had three children.[9] During the course of writing Nehru's Hero, he met Kishwar Ahluwalia (now Kishwar Desai), his second wife who worked as an editor for this book. On 20 July 2004 the couple married. Desai and 47-year-old Ahluwalia were both divorcees and married at a registrar's office in London.[10] Desai is an atheist.[11] He is an Honorary Associate of the National Secular Society. Works[edit]

1975, "The Phillips Curve: A Revisionist Interpretation". Economica, February 1975. 1980, The Keynesian Theory of Investment: A Critique and a Reformulation, AUTE Conference, Durham, 1980. 1994, "Equilibrium, Expectations and Knowledge", in J. Birner & R. van Zijp, Hayek, Co-ordination and Evolution; His Legacy in Philosophy, Politics, Economics, and the History of Ideas, Routledge 1994. 2006, The Route of All Evil: The Political Economy of Ezra Pound, Faber & Faber 2009, Dead on Time, Beautiful Books Limited (UK). 2015, Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One

References[edit]

^ http://www.parliament.uk/documents/lords-information-office/2011/lord-speaker-election-2011result.pdf, Result ^ "LN Mittal, Ratan Tata, Narayana Murthy get Padma Vibhushan". The Times of India. 26 January 2008. Retrieved 26 January 2008.  ^ http://www.meghnaddesaiacademy.org/wp-content/uploads/2015/04/MDAE_Brochure.pdf ^ "Post graduate Diploma in Economics Meghnad Desai Academy Of Economics". Meghnad Desai Academy Of Economics. 2015-04-27. Retrieved 2017-10-30.  ^ Desai, Meghnad (4 March 2011). "LSE is paying a heavy price for Saif Gaddafi's PhD". The Guardian.  ^ "LSE director Sir Howard Davies resigns over Libya links". BBC News. 4 March 2011.  ^ "Libya unrest: Send back the blood money, says Meghnad Desai". The Times of India. 6 March 2011.  ^ London Evening Standard, 22 February 2011 "Archived copy". Archived from the original on 25 February 2011. Retrieved 25 February 2011.  (accessed 25 February 2011). ^ http://www.thepeerage.com/p36861.htm#i368601 ^ "Lord Meghnad weds his lady love". The Times of India. 20 July 2004.  ^ "Lord Desai:Lords Hansard, 4 Jun 1998: Column 481 (accessed 24 April 2008).

External links[edit]

Wikimedia Commons has media related to Meghnad Desai.

Interview with PBS LSE Biography Centre for the study of Global Governance Next Steps in the ride to the top Article in Mint The Times of India: "The 'I' of Meghnad Desai" (autobiographic article) Indian Express columns Lord Woolf's Inquiry into the LSE and Libya, March 2011. Make a submission. [1]

v t e

Lord Speaker
Lord Speaker
election, 2011

Outgoing Lord Speaker: Baroness Hayman

Lord Colwyn Lord Desai Baroness D'Souza Lord Goodlad Baroness Harris of Richmond Lord Redesdale

v t e

Padma Bhushan
Padma Bhushan
award recipients (2000–09)

2000

V. K. Aatre Anil Agarwal Ram Narain Agarwal Sharan Rani Backliwal Swami Kalyandev Veerendra Heggade Pavaguda V. Indiresan Wahiduddin Khan B. B. Lal Raghunath Anant Mashelkar H. Y. Sharada Prasad Rajinikanth Begum Aizaz Rasul Radha Reddy Raja Reddy Pakkiriswamy Chandra Sekharan Karamshi Jethabhai Somaiya S. Srinivasan Ratan Tata Harbans Singh Wasir

2001

Dev Anand Viswanathan Anand Amitabh Bachchan Rahul Bajaj B. R. Barwale Balasaheb Bharde Boyi Bhimanna Swadesh Chatterjee Baldev Raj Chopra Ashok Desai K. M. George Bhupen Hazarika Lalgudi Jayaraman Yamini Krishnamurthy Shiv K. Kumar Raghunath Mohapatra Arun Netravali Mohan Singh Oberoi Rajendra K. Pachauri Abdul Karim Parekh Amrita Patel Pran Aroon Purie B. V. Raju Bhanumathi Ramakrishna Sundaram Ramakrishnan Chitranjan Singh Ranawat Palle Rama Rao Raj Reddy Kum Uma Sharma L. Subramaniam Naresh Trehan

2002

Gary Ackerman H. P. S. Ahluwalia Prabha Atre Sushantha Kumar Bhattacharyya Chandu Borde Eugene Chelyshev Pravinchandra Varjivan Gandhi Shobha Gurtu Henning Holck-Larsen Zakir Hussain B. K. S. Iyengar Faquir Chand Kohli V. C. Kulandaiswamy Gury Marchuk Jagat Singh Mehta Ismail Merchant Mario Miranda Frank Pallone Ramanujam Varatharaja Perumal Natesan Rangabashyam Maharaja Krishna Rasgotra Habib Tanvir Kottayan Katankot Venugopal Nirmal Verma K. J. Yesudas

2003

Teejan Bai Ammannur Madhava Chakyar Prabhu Chawla Herbert Fischer Jamshyd Godrej Coluthur Gopalan K. Parasaran B. Rajam Iyer Shri Krishna Joshi Madurai Narayanan Krishnan Rajinder Kumar Ramesh Kumar Purshotam Lal Sitakant Mahapatra Bagicha Singh Minhas Subhash Mukhopadhyay P. S. Narayanaswamy Arcot Ramachandran Trichur V. Ramachandran Kantilal Hastimal Sancheti T. V. Sankaranarayanan Naseeruddin Shah T. V. R. Shenoy Jagjit Singh Ram Badan Singh Hari Shankar Singhania Umayalpuram K. Sivaraman Narayanan Srinivasan Padma Subrahmanyam Swapna Sundari O. V. Vijayan Herbert Alexandrovich Yefremov

2004

Thoppil Varghese Antony Soumitra Chatterjee Chandrashekhar Shankar Dharmadhikari Gulzar Sardara Singh Johl M. V. Kamath Komal Kothari Yoshirō Mori Gopi Chand Narang Govindarajan Padmanaban Poornima Arvind Pakvasa Vishnu Prabhakar N. Rajam C. H. Hanumantha Rao Thiruvengadam Lakshman Sankar T. N. Seshagopalan Bijoy Nandan Shahi Krishna Srinivas Alarmel Valli

2005

Sardar Anjum Andre Beteille Chandi Prasad Bhatt Tumkur Ramaiya Satish Chandran Mrinal Datta Chaudhuri Yash Chopra Manna Dey Irfan Habib Yusuf Hamied Qurratulain Hyder Tarlochan Singh Kler Anil Kohli Kiran Mazumdar-Shaw Mrinal Miri Hari Mohan Brijmohan Lall Munjal M. T. Vasudevan Nair Azim Premji Balraj Puri Syed Mir Qasim A. Ramachandran G. V. Iyer Ramakrishna V. S. Ramamurthy K.I.Varaprasad Reddy K. Srinath Reddy Girish Chandra Saxena Narasimhiah Seshagiri Mark Tully

2006

Jaiveer Agarwal P. S. Appu Shashi Bhushan Ganga Prasad Birla Grigory Bongard-Levin Lokesh Chandra Chiranjeevi Dinesh Nandini Dalmia Tarun Das Madhav Gadgil A. K. Hangal Devaki Jain Kamleshwar Abdul Halim Jaffer Khan Sabri Khan Ghulam Mustafa Khan Shanno Khurana Gunter Kruger P. Leela K. P. P. Nambiar Nandan Nilekani Sai Paranjpye Deepak Parekh M. V. Pylee Subramaniam Ramadorai N. S. Ramaswamy Pavani Parameswara Rao Ramakanta Rath V. Shanta Hira Lall Sibal Billy Arjan Singh Jasjit Singh Vijaypat Singhania K. G. Subramanyan K. K. Talwar Vijay Shankar Vyas Dušan Zbavitel

2007

Javed Akhtar Gabriel Chiramel Ela Gandhi Saroj Ghose V. Mohini Giri Somnath Hore Jamshed Jiji Irani Gurcharan Singh Kalkat N. Mahalingam Prithipal Singh Maini Tyeb Mehta Rajan and Sajan Mishra Rajan and Sajan Mishra Sunil Mittal Ramankutty Nair Gopaldas Neeraj Indra Nooyi Kavalam Narayana Panicker Bhikhu Parekh Syed Mohammad Sharfuddin Quadri Vilayanur S. Ramachandran Tapan Raychaudhuri S. H. Raza Jeffrey Sachs Chandra Prasad Saikia L. Z. Sailo Shiv Kumar Sarin Shriram Sharma Manju Sharma T. N. Srinivasan Osamu Suzuki K. T. Thomas

2008

Mian Bashir Ahmed Kaushik Basu Shayama Chona Jagjit Singh
Jagjit Singh
Chopra Rahim Fahimuddin Dagar Chandrashekhar Dasgupta Asis Datta Meghnad Desai Padma Desai Sukh Dev Nirmal Kumar Ganguly B. N. Goswamy Vasant Gowarikar Baba Kalyani K. V. Kamath Inderjit Kaur Ravindra Kelekar Asad Ali Khan Dominique Lapierre D. R. Mehta Shiv Nadar Suresh Kumar Neotia T. K. Oommen K. Padmanabhaiah Vikram Pandit V. Ramachandran Sushil Kumar Saxena Amarnath Sehgal Jasdev Singh Sri Lal Sukla P. Susheela S. R. Srinivasa Varadhan Yuli Vorontsov Sunita Williams Ji Xianlin

2009

Isher Judge Ahluwalia Inderjit Kaur Barthakur Shamshad Begum Abhinav Bindra Shanta Dhananjayan V. P. Dhananjayan Ramachandra Guha Shekhar Gupta Khalid Hameed Minoru Hara Jayakanthan Thomas Kailath Sarvagya Singh Katiyar G. Krishna R. C. Mehta A. Sreedhara Menon S. K. Misra A. M. Naik Satish Nambiar Kunwar Narayan Nagnath Naikwadi Kirit Parikh Sam Pitroda C. K. Prahalad Gurdip Singh Randhawa Brijendra Kumar Rao Bhakta B. Rath C. S. Seshadri V. Ganapati Sthapati Devendra Triguna Sarojini Varadappan

# Posthumous conferral

1954–1959 1960–1969 1970–1979 1980–1989 1990–1999 2000–2009 2010–2019

Authority control

WorldCat Identities VIAF: 39393069 LCCN: n79097318 ISNI: 0000 0001 1025 2058 GND: 124096719 SUDOC: 028509684 BNF: cb12033156p (d

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