Minxin Pei and Raghuram G. Rajan for PS Book Recommendations

PS Read More is now PS Book Recommendations, and it is coming to your inbox every week. The PS Book Recommendations newsletter. [View this message in a web browser.]( PS Read More is now PS Book Recommendations, and it is coming to you every week. That means that every Tuesday, you can expect new reading inspiration, provided by PS contributors, and more exclusive book-related content. This week's edition features Minxin Pei, Professor of Government at Claremont McKenna College, Raghuram G. Rajan, former Governor of the Reserve Bank of India and Professor of Finance at the University of Chicago Booth School of Business, and more. Don't worry: PS Say More interviews will keep coming, but if you want us to keep delivering them to your inbox, [sign up for our PS On Point newsletter here](. Happy reading! [Book Cover: Antidote To the Crisis of Leadership]( [Antidote To The Crisis of Leadership: Opportunity in Complexity]( By Stephen Wyatt Can daring to be an unpopular leader bring you success? Discover how strong personal values and a clear mission can make great leaders. Sponsored by De Gruyter Minxin Pei's Pick [The Crisis of Democratic Capitalism]( By Martin Wolf Pei says: "Liberal democracy is currently under greater threat than at any other moment since the 1930s. In this 2023 book, Wolf – a brilliant writer with a knack for making complex ideas accessible to a broad audience – provides a comprehensive and sobering analysis of the challenges facing liberal democracies today, including tracing the economic and political forces that have contributed to the current situation." Don't miss our new Say More interview with Pei, in which he expresses doubt about the Chinese government's willingnes to do what is needed to restore growth, describes the low-tech approaches taken by the country’s vast security apparatus, considers the Chinese social-credit system’s repressive potential, and more. [Read now]( By a PS Contributor [Breaking the Mold: India’s Untraveled Path to Prosperity]( By Raghuram G. Rajan and Rohit Lamba Rajan says: "India is at a crossroads. Its growth rate, while respectable relative to other large countries, is too low to deliver the jobs its youth need. The East Asian development path, based on manufacturing-led exports, no longer seems feasible; the world is not ready for another China exporting goods to grow. India broke away from the standard development path – from agriculture to low-skill manufacturing to high-skill manufacturing and, finally, to services – a long time ago, by leapfrogging the intermediate steps. Rather than attempt to revert to development paths that may no longer be feasible, Rohit Lamba and I explain in Breaking the Mold, India can accelerate economic development by investing in human capital, expanding opportunities in high-skill services, and manufacturing centered on innovative new products, and making India a ferment of ideas and creativity. India’s democratic traditions – together with governance reforms, including the strengthening of democratic institutions and greater decentralization – will support this process. By breaking from the past and looking to the future, India can craft a truly Indian way. We are candid about India’s current shortcomings, and offer vivid examples of what India can do – and is doing – right. As this year's elections unfold, the choices India makes matter to the world. This book explains why." [PS. Save 30% on a new Digital subscription with our special introductory offer.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter does not entitle the recipient to re-publish any of the content it contains. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.