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Deepak Lal
Senior Fellow
Deepak Lal is the James S. Coleman Professor of International Development Studies at the University of California at Los Angeles, professor emeritus of political economy at University College London, and a senior fellow at the Cato Institute. He was a member of the Indian Foreign Service (1963-66) and has served as a consultant to the Indian Planning Commission, the World Bank, the Organization for Economic Cooperation and Development, various UN agencies, South Korea, and Sri Lanka. From 1984 to 1987 he was research administrator at the World Bank. Lal is the author of a number of books, including The Poverty of Development Economics; The Hindu Equilibrium; Against Dirigisme; The Political Economy of Poverty, Equity and Growth; Unintended Consequences: The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance; and Reviving the Invisible Hand: The Case for Classical Liberalism in the 21st Century.
Books and Book Chapters
"Forward," in Peter Bauer and the Economics of Prosperity, James Dorn and Barun Mitra, editors (Cato Institute and Liberty Institute, 2009).
"The Challenge of Globalization: There Is No Third Way" in Global Fortune: The Stumble and Rise of World Capitalism, Ian Vásquez, editor, (Cato Institute, 2000).
Cato Studies
"How China Should Use Its Foreign Reserves: Enabling Privatization without Social Disorder," Economic Development Bulletin no. 3, October 20, 2005.
Articles and Newsletters
"The Great Crash of 2008: Causes and Consequences," Cato Journal, Vol. 30, No. 2, Spring/Summer 2010.
"An Indian Economic Miracle?," Cato Journal, Vol. 28, No. 1, Winter 2008.
"How China Should Use Its Foreign Reserves: Enabling Privatization without Social Disorder," Economic Development Bulletin No. 3, October 20, 2005.
"The Threat to Economic Liberty from International Organizations," Cato Journal, Vol. 25, No. 3, Fall 2005.
"From Planning To Regulation Toward A New Dirigisme," Cato Journal, Vol. 17, No. 2, Fall/Winter 1997.
Opinion and Commentary
"Blind Terror, Dumb State," Business Standard, May 21, 2011
"Reviewing Capital Controls," Business Standard, April 16, 2011
"The Wages of Populism," Business Standard, March 19, 2011
"On Revolutions," Business Standard, February 19, 2011
"Financial Engineering," Business Standard, November 20, 2010
Events
"Two Views on Global Development: Revive the Invisible Hand or Strengthen a "Society of States"?," June 7, 2006 [Book Forum]
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