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Meghnad Desai, Baron Desai (Meghnad Jagdishchandra Desai) was born on 10 July, 1940 in Vadodara, Baroda State, British India (now Gujarat, India), is a British economist and politician (born 1940). Discover Meghnad Desai, Baron Desai's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 83 years old?

Popular As Meghnad Jagdishchandra Desai
Occupation Economist, Politician
Age 83 years old
Zodiac Sign Cancer
Born 10 July 1940
Birthday 10 July
Birthplace Vadodara, Baroda State, British India (now Gujarat, India)
Nationality India

We recommend you to check the complete list of Famous People born on 10 July. He is a member of famous economist with the age 83 years old group.

Meghnad Desai, Baron Desai Height, Weight & Measurements

At 83 years old, Meghnad Desai, Baron Desai height not available right now. We will update Meghnad Desai, Baron Desai's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Who Is Meghnad Desai, Baron Desai's Wife?

His wife is Kishwar Desai

Family
Parents Not Available
Wife Kishwar Desai
Sibling Not Available
Children Not Available

Meghnad Desai, Baron Desai Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Meghnad Desai, Baron Desai worth at the age of 83 years old? Meghnad Desai, Baron Desai’s income source is mostly from being a successful economist. He is from India. We have estimated Meghnad Desai, Baron Desai's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

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Timeline

1940

Meghnad Jagdishchandra Desai, Baron Desai (born 10 July 1940) is an Indian-born naturalised British economist and former Labour politician.

1960

He secured a bachelor's degree in economics from Ramnarain Ruia College, affiliated to the University of Mumbai, and then pursued a master's degree in economics from the Department of Economics (now called the Mumbai School of Economics and Public Policy) of University of Mumbai, after which he won a scholarship to University of Pennsylvania in August 1960.

1963

He completed his PhD in economics at Pennsylvania in 1963.

1965

He became a lecturer at the London School of Economics in 1965 and professor of economics in 1983.

At the LSE, he taught econometrics, macroeconomics, Marxian economics and development economics over the years.

1970

In the 1970s, he taught an idiosyncratic version of economic principles to freshers at the LSE (starting with Piero Sraffa).

1973

Desai wrote his first book Marxian Economic Theory in 1973 followed by Applied Econometrics in 1976 and Marxian Economics, a revised edition of his 1973 book in 1979.

1981

He wrote Testing Monetarism, a critique of monetarism, in 1981.

1984

From 1984 to 1991, he was co-editor of the Journal of Applied Econometrics.

1985

Desai has written extensively publishing over 200 articles in academic journals and had a regular column in the British radical weekly Tribune during 1985–1994, in the Indian business daily Business Standard (1995–2001) and in Indian Express and Financial Express.

1986

Desai has been active in the British Labour Party, becoming chairman between 1986 and 1992, and was made Honorary Lifetime and President of Islington South and Finsbury Constituency Labour Party in London.

1990

From 1990 to 1995, he headed LSE’s Development Studies Institute and lead LSE Global Governance from 1992 to 2003, the year of his retirement.

1991

He was created a life peer as Baron Desai, of St Clement Danes in the City of Westminster, on 5 June 1991.

He was a member of Labour Friends of Israel.

1995

A selection of his academic papers was published in two volumes as The Selected Essays of Meghnad Desai in 1995.

2002

In 2002, Desai's book Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism stated that globalisation would tend toward the revival of socialism.

Desai analyses some of Marx's lesser known writings and argues that his theories enhance our understanding of modern capitalism and globalization.

His work was well received, with The Guardian stating 'If only socialists had studied Marx properly, they would have known all along that capitalism would triumph.

Meghnad Desai gets behind the slogans in Marx's Revenge'.

2004

Desai also published a biography of Indian film star Dilip Kumar entitled Nehru's Hero: Dilip Kumar in the life of India (Roli, 2004).

He has described the book as his "greatest achievement".

Examining Kumar's films – some of which Desai has seen more than 15 times – he discovers parallels between the socio-political arena in India and its reflection on screen.

He discusses issues as varied as censorship, the iconic values of Indian machismo, cultural identity and secularism, and analyses how the films portrayed a changing India at that time.

He is (2023) chairman of the Official Monetary and Financial Institutions Forum (OMFIF) Advisory Board, an independent membership-driven research network.

It focuses on global policy and investment themes for off the record public and private sector engagement and analysis.

He was also chairman of the Trustee's Board for Training for Life, Chairman of the Management Board of City Roads and on the Board of Tribune magazine.

2006

Since retirement he has published Rethinking Islamism: Ideology of the New Terror (2006), The Route to All Evil: The Political Economy of Ezra Pound (2007), a novel Dead on Time, (2009) and The Rediscovery of India (2009).

Lord Desai serves as the founder chairman of the Meghnad Desai Academy of Economics in Mumbai (MDAE).

MDAE offers a one-year post-graduate diploma in economics, offered jointly with Department of Economics (Autonomous), University of Mumbai.

MDAE focuses on applied learning and case studies rather than on rote learning.

Students participate in workshops and seminars with top economics and finance professionals from around the world.

2007

In 2007, Desai was asked by the University of London to serve with Tony McGrew of the University of Southampton as one of the two examiners of the PhD thesis of Saif al-Islam Gaddafi, the son of the then leader of Libya.

They did not immediately accept the thesis, as it was found to be weak.

2008

He has been awarded the Padma Bhushan, the third highest civilian award in the Republic of India, in 2008.

He is a Professor Emeritus of the London School of Economics.

Born in Vadodara, Gujarat, India, Desai grew up with two brothers and one sister.

He is said to have gone to secondary school at age seven and matriculated at 14.

2011

He stood unsuccessfully for the position of Lord Speaker in the House of Lords in 2011.

2020

Desai quit his Labour Party membership of 49 years over antisemitism concerns in November 2020, following the readmission of former Party Leader Jeremy Corbyn as a member.

Early in his career, Desai worked as an Associate Specialist in the Department of Agricultural Economics, University of California, Berkeley, California.