Ancient Indian Economic Thought: Relevance for Today

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The study of ancient Indian economic ideas is likely to endow us with a deeper insight into our culture and tradition and the inherent national characteristics. Many scholars, particularly during the first half of the twentieth century, attempted to make an objective and unbiased evaluation of ancient Indian economic ideas explicitly or implicitly contained in ancient Indian writings, particularly in Vedas, Arthasastra, Ramayana and Mahabharata, Manusmriti, Sukraniti and several other ancient Indian texts.Ancient Indian Economic Thought: Relevance for Today deals with the two most well-known ancient Indian writings, Arthasastra and Manusmriti. This volume is distributed over eleven chapters, viz. sources and essence of ancient Indian tradition, agriculture and land use, environment and ecology, craft industries, role of the state sector, price policy, taxation and fiscal policy, women’s property rights, division of labour, the procedure of making a good rulers, and globalization. Each chapter has a declared focus in its approach as is evident in its presentation.This volume is an extremely timely publication when the countries are putting more and more emphasis on the use of indigenous knowledge and ideas in the development of their economies in a sustainable manner as the limitations of imported theories and technologies for economic development are becoming evident especially for the low-income economies in the beginning of the third millennium. Researchers and general readers will find this volume fruit-bearing and useful in the area of policy making.

ABOUT THE AUTHOR Raj Kumar Sen

Dr. Raj Kumar Sen is Professor and former Head, Department of Economics, Rabindra Bharati University, Kolkata. He was also President (2003-04), Indian Economic Association, Managing Editor (June 2003-04), The Indian Economic Journal and President (2002-05), Bengal Economic Association.

ABOUT THE AUTHOR Ratan Lal Basu

Dr. Ratan Lal Basu is Reader and head, Department of Economics, Bhairab Ganguly College, Kolkata. Dr. Basu has done his Ph.D. on Price Mechanism in Arthasastra. He participates in All India Oriental Conferences. Dr. Basu is specially interested in the Ancient Indian Economic Thinking and its application to Modern societies.

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Bibliographic information

Title
Ancient Indian Economic Thought: Relevance for Today
Author
Edition
1st ed.
Publisher
ISBN
8131601250
Length
vi+200p.
Subjects