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'Asian Drama: An Inquiry into the Poverty of Nations' was written by

  1. A.Amartya Sen
  2. B.Gunnar Myrdal
  3. C.Simon Kuznets
  4. D.W. Arthur Lewis

Correct answer

B. Gunnar Myrdal

Explanation

The correct answer is B, Gunnar Myrdal. The Swedish economist Gunnar Myrdal published this long three-volume study of South and South East Asia in 1968, examining why the region stayed poor and pointing to institutions, land relations, administration and what he called the soft state; the title deliberately echoes Adam Smith's Wealth of Nations. Option A is wrong because Amartya Sen's books are Poverty and Famines, Development as Freedom, The Argumentative Indian and, with Jean Dreze, An Uncertain Glory. Option C is wrong because Simon Kuznets is remembered for national income accounting and for the curve named after him rather than for this book. Option D is wrong because W. Arthur Lewis is known for his model of a dual economy with surplus labour, which is a theoretical contribution and not this study.

Read the full article: Books on Economics and Politics and Their Authors

Practice Questions

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Q1.Books & AuthorsEasy

The book 'An Inquiry into the Nature and Causes of the Wealth of Nations' was written by

  1. A.David Ricardo
  2. B.Adam Smith
  3. C.Thomas Malthus
  4. D.John Stuart Mill
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Correct answer: B. Adam Smith

The Scottish thinker Adam Smith published this book in 1776, and it is treated as the starting point of economics as a separate subject, which is why he is called the father of economics; its most quoted idea is the invisible hand, by which the self-interest of individuals is said…

Q2.Books & AuthorsEasy

The ancient Indian treatise 'Arthashastra' was composed by

  1. A.Chandragupta Maurya
  2. B.Kalidasa
  3. C.Kautilya
  4. D.Megasthenes
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Correct answer: C. Kautilya

Kautilya, also known as Chanakya and as Vishnugupta, was the minister and guide of Chandragupta Maurya, and his Arthashastra is a manual of statecraft that deals with the duties of a king, the organisation of the treasury, taxation, trade, spying, law and war; it is the earliest Indian work usually…

Q3.Books & AuthorsMedium

The theory of the drain of wealth from India was explained in the book 'Poverty and Un-British Rule in India' written by

  1. A.Gopal Krishna Gokhale
  2. B.Dadabhai Naoroji
  3. C.R. C. Dutt
  4. D.Mahadev Govind Ranade
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Correct answer: B. Dadabhai Naoroji

Dadabhai Naoroji, honoured as the Grand Old Man of India and the first Indian to be elected to the British House of Commons, brought together his writings in this book and showed with figures that a large part of India's wealth was being carried away to Britain every year through…

Q4.Books & AuthorsEasy

'Das Kapital' is the work of

  1. A.Friedrich Engels
  2. B.Karl Marx
  3. C.Vladimir Lenin
  4. D.Friedrich Hayek
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Correct answer: B. Karl Marx

Karl Marx published the first volume of Das Kapital in 1867 as his full critique of the capitalist mode of production, built around surplus value and the exploitation of labour; the later volumes were edited and brought out by Friedrich Engels after Marx died.

Q5.Books & AuthorsMedium

'The General Theory of Employment, Interest and Money', published in 1936, was written by

  1. A.Alfred Marshall
  2. B.John Maynard Keynes
  3. C.Paul Samuelson
  4. D.Milton Friedman
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Correct answer: B. John Maynard Keynes

Written during the Great Depression and published in 1936, this book argued that an economy can settle at a level of high unemployment on its own, and that the remedy is to raise effective demand through government spending; it created macroeconomics as we know it and the whole school called…