This is an unusual book of memoirs of both a distinguished economist and a successful public servant. An alumnus of Harvard, V.V. Bhatt 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.
V. V. Bhatt is an economic researcher and the author of numerous books, including Aspects of Economic Change and Policy in India 1800-1960 and Financial Systems, Innovations and Development. He is also a former economic advisor for the Reserve Bank of India and a chief executive for the Industrial Bank of India.