Economics

“It costs nothing to ask wise advice from a good friend.” The Richest Man in Babylon, a timeless classic in personal finance, offers practical wisdom for achieving wealth and financial success through simple, yet profound lessons. Set in the ancie...

About the Book Social Scientist completed forty years of publication in the year 2012. To mark this occasion, it is planned to bring out a number of volumes containing articles on specific themes from past issues of the journal. The present book i...

“The most valuable of all capital is that invested in human beings” Principles of Economicsby Alfred Marshal is a foundational text that continues to shape our understanding of economic theory. First published in 1890, Marshall's magnum opus revo...

The Road to Serfdom remains one of the all-time classics of twentieth-century intellectual thought. For over half a century, it has inspired politicians and thinkers around the world, and has had a crucial impact on our political and cultural hist...

"[The] best book on famine available--important theoretical perspective, good case-study material. "--Barbara D. Miller, Cornell University "Embodies the best tradition of social science....Empirical and rational, yet neither virtue is pushed to t...

Capitalism has been hugely transformed in the 150 years since the publication of the first German edition of Capital, especially with the rise to dominance of finance and the overwhelming presence of financial wealth. The essays in this book, orig...

The General Theory of Employment, Interest and Money is a quintessential guide to understanding modern economics, exerting a profound influence on economic theory and practice. In this seminal work, Keynes tackles the complexities of economic cycl...

“All knowledge, however, is the work of centuries and missing links in the chain of development are irreplaceable.” Originally published in 1914, Economic Doctrine and Method by Joseph A. Schumpeter delves into the core principles of economic the...

Mainstream economics invariably sees capitalism as an isolatcd and closed system. In this path-breaking book, authors Utsa Patnaik and Prabhat Pathaik argue that this is both historically false and logically untenable. An essentially money-using e...

Capitalism, Socialism and Democracy remains one of the greatest works of social theory written in the twentieth Century. Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centrali...

About the Book Dalits in India: Search for Common Destiny explores the status of Dalits in the country by presenting all-India and state-level analyses of various human development and related social and economic indicators. It provides a comprehe...

Economic Reforms and Social Exclusion ;is an analytical study that focuses on the socially marginalized and excluded groups in India since the onset of liberalization. It examines how liberal economic reforms have impacted socio-economic categorie...

This book includes ten chapters on Public Revenues, the first two chapters being Public Revenue Structure and Tax Incidence and Principles of Tax Shifting, and the remaining eight chapters dealing with eight individual taxes such as Personal Incom...

“As a matter of practical necessity, socialist democracy may eventually turn out to be more of a sham than capitalist democracy ever was...” Capitalism, Socialism and Democracy presents a captivating analysis of the dynamic forces shaping modern ...

The book provides insights into the economic and social transformation that China has undergone from 1979 to the present. Based on the author’s research in China for over three decades,  China’s Transformation: The Success Story and the Success T...

About the Book The global crisis that broke out in 2008 raised many fundamental questions about the present economic order. This collection of articles from authors who include some of India's leading economic historians consists of studies in the...

John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and Money is undoubtedly the century’s most important book on economics—strongly influencing econo...

Rosa Luxemburg was a revolutionary socialist who fought and died for her beliefs. In January 1919, after being arrested for her involvement in a workers' uprising in Berlin, she was brutally murdered by a group of right-wing soldiers. Her body was...

The book Economics of India: How to Fool all People for all Times has been presented in a series of articles and essays on different subjects of the Indian economy and attempts to provide a different view. Most of the subjects are contemporary and...

We make choices all the time - about trivial matters, about how to spend our money, about how to spend our time, about what to do with our lives. And we are also constantly judging the decisions other people make as rational or irrational. But wha...

Using theories in macroeconomics and extensive data, this book focuses on India’s developmental experience, highlighting recent trends in the economy. This lucid and concise overview of India’s macroeconomy presents a comprehensive assessment of ...

This book focuses on the economic challenges India has been facing since its independence in 1947. It traces the country?s journey of economic transition and critically analyzes themes such as the political economy of development, agriculture, mac...

With a new foreword by Charles Lemert'Its greatness...lies in ceaseless and varied use of the money form to unearth and conceptually reveal incommensurabilities of all kinds, in social reality fully as much as in thought itself.' - Fredric Jameson...

Banking in India in the modern sense originated towards the end of the 18th century. The still existing oldest bank in India is the State Bank of India. India’s Partition in 1947 after Independence adversely impacted India’s economy paralyzing ban...

This book is a frank, even stark investigation into the dwindling crude oil supply of “Peak Oil”, and its economics, societal implications and geopolitics. For many this book will be an eye-opener to begin to see the critical point that world civi...

The most important recent advances in the theory of agrarian relations are explored in this collection of essays. They look at these advances in the context of Indian agrarianism and analyze Indian agricultural performance. Individual essays focus...

Written from 1999 onwards, these essays focus on labour at the bottom of the rural economy, lacking social, economic, and political wherewithal, and their struggles to find a foothold in the urban economy. The author draws on his extensive fieldwo...

The income-poor population in any society is typically identified with reference to a poverty line. The evolution of monetary poverty lines in various concrete historical settings has been attended by several conceptual difficulties.   This book r...

This anthology invites readers to revisit Ashis Nandy’s thought and to participate in the open-ended, intellectual adventure of his work. The essays included do not merely reflect his long-term political and moral concerns but are also a continuou...

The Industrial Revolution was a pivotal point in British history that occurred between the mid-eighteenth and mid-nineteenth centuries and led to far reaching transformations of society. With the advent of revolutionary manufacturing technology pr...

About the Book Take a deep dive into the regional economy of India to understand the big debates of our time – Is it wiser to develop specialized regional hubs or should they be diversified? Do high-growth regions within developing economies exp...

About the Book Karl Marx's articles in the New York Daily Tribune constitute a separate genre among his works, being originally published in English and based on events in various countries in the world. There is no doubt that the work Marx undert...

The second edition of this bestselling textbook retains its unique learning-by-doing approach to econometrics. Rather than relying on complex theoretical discussions and complicated mathematics, this book explains econometrics from a practical poi...

In 1776 Adam Smith (1723-90) wrote The Wealth of Nations , a book so foundational it has led to him being called the 'father of economics'. Today he is associated with the promotion of self-interest, a defence of greed and a criticism of any gover...

Microeconomics - individuals' choices of where to live and work, how much to save, what to buy, and firms' decisions about location, hiring, firing, and investment - involves issues that concern us on a daily basis. But when people think about eco...

This volume brings together original documents, memorandums, and writings of B.R. Ambedkar to highlight his contribution to the development of exclusion and inclusive policies.

Malise Ruthven tackles the polemic and stereotypes surrounding this complex phenomenon - one that eludes sim today, a conclusion impossible to ignore since the events in New York on September 11 2001. But what does 'fundamentalism' really mean? Si...

This book provides a detailed structured analysis of the transition that has taken place in the Indian economy since independence to the present times (including the period of COVID-19 pandemic). Analysing objectives, achievements and failure of p...

Linking the economics of caste with its politics, sociology, and history, this innovative book provides a stimulating assessment of the continuities and changes in caste disparities in India over the last two decades. Deshpande uses rich empirical...

This volume brings together Atul Kohli's essays published over the last twenty-five years. They are organized in three sections, each section representing a distinct theme-political change; political economy; and politics and development in select...

Gender discrimination has far reaching consequence on society. With contributions by experts from diverse fields, this volume provides fresh perspectives on gender bias, wage inequality, and intra-household discrimination. It also analyses various...

For India’s economic reform policies to succeed, its programmes should be firmly anchored in the reality of the social and micro-institutional context—something our policymakers often regrettably ignore. To break out of 8 or 9 % growth rates, we n...

About the Book Principles of Macroeconomics is a lucid and concise introduction to the theoretical and practical aspects of macroeconomics. This revised and updated third edition covers key macroeconomic issues such as national income, investment,...

The history of economic thought can be traced to the Industrial Revolution and the 19th-century Great Divergence until which it remained an integral part of philosophy. This book deals with different thinkers and theories to explore ideas that lat...

Economic Reforms in India since 1991 provides a compact overview of India’s economic reforms in financial, trade and agricultural sectors, and the impact of these policies on India’s economy.The book is divided into three parts. Part A, dealing wi...

Banks are of central importance for economic growth, the allocation of capital, competitiveness, and financial stability. Propelled by technological advances in financial analysis and financial deregulation, the banking industry's investment playe...

This introduction to the Political Economy of Reforms in India discusses the political economy of the country's growth, globalization and welfare. It finds that political economy of growth and globalization are intimately connected. And, the polit...

The World Trade Organization (WTO) is scarcely ten years old, but even in these early years of its existence it has generated debate, controversy and even outrage. Rulings on beef hormones and tuna-dolphin cases provide graphic examples of how the...

Capturing the immense importance of India's cities to its economy, polity, and society, this short introduction provides nuanced yet accessible analyses of the evolution and complex socio-economic base of Indian cities, especially in the post-libe...

Environmental economics can be controversial, but it is also central to some key policy issues facing governments and society today, including industrial pollution, global warming, and waste/recycling. Stephen Smith looks at how economic activity ...

John Maynard Keynes (1883-1946) is a central thinker of the twentieth century, not just an economic theorist and statesman, but also in economics, philosophy, politics, and culture. In this Very Short Introduction Lord Skidelsky, a renowned biogra...

This book explores various aspects of globalization, especially the role played by geopolitics in its contemporary structuring. It focuses on the role of the US as the hegemonic power along with its European allies and Japan-the 'regime makers'-wh...

Vedic Economy offers a profound exploration of the economic challenges that have plagued human civilization, including poverty, inequality, scarcity of resources and even impoverished mindsets. A series of impactful events, including the COVID-19 ...

An unparalleled textbook on the subject, extensively revised to provide updates of various policies, strategies, and programs in the spheres of rural development and management in India. This time-tested textbook on the basic concepts, policy inst...

Indian Economy: Before and Since the Reform comprises four parts: Part One discusses the Economic Reform of 1991. Part Two first delineates how countries choose between alternative economic organisations in the light of economic ideas as we have e...

At the time of attainment of independence, the Indian economy was in a bad shape. Centuries of exploitative rule by the British had drained India of its wealth. The realization of the need for resurrecting the Indian economy had dawned upon our le...

At the time of attainment of independence, the Indian economy was in a bad shape. Centuries of exploitative rule by the British had drained India of its wealth. The realization of the need for resurrecting the Indian economy had dawned upon our le...

The success of India's economic reforms in accelerating growth and reducing poverty has been well-documented. In view of Manmohan Singh's key role in spearheading India's development process, this volume in his honour, brings together a collection...