Indians, Turks and Homo Economicus

There are still a few of my holiday reads I’ve not yet posted about. One was Amit Chaudhuri’s

, the author’s reflections on moving back to a city he had known well as a child, his conversations with people he met in the streets and in other ways, on Bengali culture (virtually unknown to me save for a couple of Satyajit Ray films and what bits I’ve picked up from reading Amartya Sen, for example in
). There is little about the economy in it, although plenty of observation. Chaudhuri writes:

“Will someone in the social sciences write a dissertation on how the rise of individualism in Bengal (in contrast to the West) destroyed rather than energised entrepreneurship, at least on home ground; how, in India, caste and community drive capital and the free market?”

I presume somebody has but don’t know – maybe a reader can give some pointers?

[amazon_image id=”1908526181″ link=”true” target=”_blank” size=”medium” ]Calcutta: Two Years in the City[/amazon_image]

I read, too, Orhan Pamuk’s early novel 

– out in a new English paperback, although it was his 2nd novel, written in 1983. I’m a huge fan of his work. This one is set at a time 30 years ago of political and social tension between modern, affluent, urban young people and their poor, rural, unsuccessful counterparts – so well worth reading now. Like
, it achieves the great imaginative accomplishment of helping the reader completely understand how some people come to hold such different, and unappealing, views.

[amazon_image id=”0571275958″ link=”true” target=”_blank” size=”medium” ]Silent House[/amazon_image]

I thought both books were great – good reads and able to give the reader a real sense of another world, where people think and behave differently. A reminder of the importance of culture to social science, and an antidote to the (sometimes useful) assumption of homo economicus.


Classics for economists

I’ve been brooding about the depressing popularity of Jane Austen, so have decided to offer my own list of classics for economists and others who’re not part of the sentimental frocks-and-romance brigade. Here’s my Top 10 list (actually it’s 14+), in no special order. As ever, other suggestions welcome.

 (or virtually any other of his novels), Joseph Conrad: the heart of colonialism

[amazon_image id=”0140620281″ link=”true” target=”_blank” size=”medium” ]Nostromo (Penguin Popular Classics)[/amazon_image]

, Emile Zola: the fuel of the Industrial Revolution – coal and human life

[amazon_image id=”1840226188″ link=”true” target=”_blank” size=”medium” ]Germinal (Wordsworth Classics of World Literature)[/amazon_image]

, Mrs Gaskell: the social effects of industrialisation with a special eye on women. Mary Barton is set in my home city, Manchester.

[amazon_image id=”014043464X” link=”true” target=”_blank” size=”medium” ]Mary Barton: A Tale of Manchester Life[/amazon_image]

, Mikhail Bulgakov: the murderous insanity of Soviet dictatorship – Professor Woland, Game Theorist? I’ve only just read this, having seen the truly, madly, deeply brilliant Theatre de Complicite staging earlier this year.

[amazon_image id=”014118373X” link=”true” target=”_blank” size=”medium” ]The Master and Margarita (Penguin Modern Classics)[/amazon_image]

, Stendhal: pre-unification Italy and European politics

, Giuseppe de Lampedusa: The Risorgimento, and modernity.

[amazon_image id=”0099512157″ link=”true” target=”_blank” size=”medium” ]The Leopard: Revised and with new material (Vintage Classics)[/amazon_image]

, George Gissing: in fact anything by Gissing – as he summed it up, “Not enough money,” in Britain’s newly industrialising cities

, George Eliot (or again, pretty much anything by her): astute political and psychological analysis of 19th century social change. Bonnets and frocks without the saccharine.

, Daniel Defoe: the economic status of women, by one of the unsung feminist heroes, who was also a famous economic journalist in his day. (Tim Harford, where is your first novel?)

[amazon_image id=”0199536740″ link=”true” target=”_blank” size=”medium” ]Roxana: The Fortunate Mistress (Oxford World’s Classics)[/amazon_image]

, Yevgeny Zamyatin: collectivism, conformity – the dark side of the early 20th century. Another recent discovery, courtesy of Nick Reynolds.

[amazon_image id=”0140185852″ link=”true” target=”_blank” size=”medium” ]We (Penguin Twentieth Century Classics)[/amazon_image]

, Victor Hugo: need I say anything? I even loved the recent musical movie version

[amazon_image id=”0140444300″ link=”true” target=”_blank” size=”medium” ]Les Miserables (Classics)[/amazon_image]

, Willa Cather: the harsh life of the American frontier, and the strength of women

[amazon_image id=”0395083656″ link=”true” target=”_blank” size=”medium” ]O Pioneers![/amazon_image]

, F Scott Fitzgerald: the Roaring 20s in a glamorous nutshell. I haven’t yet seen the new Baz Luhrmann movie version.

, Robert Tressel: not the greatest literature but a novel that still speaks to working people struggling for money.

[amazon_image id=”184022682X” link=”true” target=”_blank” size=”medium” ]The Ragged Trousered Philanthropists (Wordsworth Classics)[/amazon_image]


Embarrassment of Riches

The Financial Times this weekend had a wonderful article by Simon Schama about the re-opening of the Rijksmuseum in Amsterdam. He writes: “In an age of interchangeable international art fairs, all flogging indistinguishable contemporary art, there is something deeply stirring about a great art institution being unafraid to reassert the distinctiveness of its national culture and history, and to make it a cause for popular rejoicing rather than uncool embarrassment.”

The article sent me back to Schama’s 1987 book


[amazon_image id=”0006861369″ link=”true” target=”_blank” size=”medium” ]The Embarrassment of Riches: An Interpretation of Dutch Culture in the Golden Age[/amazon_image]

It’s a brilliant account of the feedbacks between cultural innovation and confidence and economic strength, although Schama doesn’t express it in those terms. Still, the country had by the 17th century a troubled and war-torn recent history, nor is it without geographical disadvantages (small and potentially very wet). Its military and economic success calls for explanation.

The revamped Rijksmuseum sounds fantastic – can’t wait to visit. Here’s what the website says about Amsterdam’s age of prosperity.


Culture in austere times

In the evenings I’m still reading Dominic Sandbrook’s

, a book too big to carry around on the tube (although I’d never read it on an e-reader). A passage about the resurgence in high culture against the background of an ailing economy and bitter strikes struck a chord. Sandbrook quotes David Lodge in 1971 saying there was “unprecedented cultural pluralism which allows, in all the arts, an astonishing variety of styles to flourish simultaneously.” It was a rich era for British fiction, for blockbuster exhibitions like the Tutankhamun show at the British Museum (I queued for hours as a schoolgirl to get into that), or Turner and Constable at the Tate. In classical music, the 70s brought operas by Benjamin Britten, Michael Tippett was at his peak, Harrison Birtwistle and Peter Maxwell Davies came to prominence. The Observer in 1975 commented on the mass enthusiasm for “sales of LPs, prints and paperbacks; the viewing statistics for opera, ballet and drama on television.” It added that there was a surge too in amateur dramatics, Sunday painting, community arts centres and other indicators of eagerness to participate.

[amazon_image id=”1846140315″ link=”true” target=”_blank” size=”medium” ]State of Emergency: The Way We Were: Britain, 1970-1974[/amazon_image]

The chord this struck was with an excellent book about the 1930s, Richard Overy’s

. He too made the link between economic upheaval and huge enthusiasm for seriousness in the arts and books. Overy highlighted, for example,  the astonishing popular success of the Left Book Club, and political and literary publications.

[amazon_image id=”0141003251″ link=”true” target=”_blank” size=”medium” ]The Morbid Age: Britain and the Crisis of Civilisation, 1919 – 1939[/amazon_image]

Are we experiencing the same kind of phenomenon now? One aspect that stands out for me personally is the growth of huge audiences for modern dance and classical ballet – I’ve been attending performances for years, and while these were considered challenging, minority interests 20 years ago, they’re tremendously popular now. Another is the passion so many people have for serious debate – lectures and debates are packed. The Festival of Economics at the weekend was one manifestation of it. There is certainly an appetite to understand what’s happening in the world.

So, another parallel between the 1930s, the 1970s and the 2010s: a cultural revival in austere times?