Lord Meghnad Desai is a professor emeritus of economics at the London School of Economics and Political Science (LSE), where he taught from 1965 to 2003. He has been active in the British Labour Party, becoming a chairman between 1986 and 1992 and was also made honorary lifetime and president of Islington South and Finsbury (UK Parliament Constituency). He was also made a life peer as Baron Desai of St. Clement Danes in the City of Westminster in April 1991. He has recently joined the board of Elara Securities (India) Pvt. Ltd. as a nonexecutive independent director. He is an honorary fellow of the LSE and has written more than 25 books and 200 articles in learned journals. He has written many titles, including Marxian Economic Theory (1973); Marxian Economics, a revised edition (1979); Applied Econometrics (1976); Testing Monetarism, a critique of monetarism (1981). In 2002, Desai also wrote Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism, which states that globalisation would tend toward the revival of socialism. His most recent book is The Rediscovery of India. In honour of his contributions to his chosen profession, he was awarded the Pravasi Bharatiya Puraskar in 2004 and the Padma Bhushan in 2008.
This information is accurate as of the date of recording.