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Economic Concepts Ancient and Modern by Ratan Lal Basu

Economic Concepts Ancient and Modern

by Ratan Lal Basu
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Book cover type: Paperback
  • ISBN13: 9798215513637
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Kautilya
  • Publisher Imprint: Kautilya
  • Publication Date:
  • Pages: 108
  • Original Price: USD 6.99
  • Language: English
  • Edition: N/A
  • Item Weight: 146 grams
  • BISAC Subject(s): General

The book, consisting of six chapters, is divided into three parts.

The first three chapters are on the economic concepts embedded in the ancient Indian Sanskrit treatise the Arthaśāstra of Kautilya, written around 300 B.C.

Kautilya (also known as Chanakya and Vishnu Sharma) was the Prime Minister of Chandragupta Maurya, the first king of the Maurya Dynasty. Artha in the narrow sense means money but in the wider sense it means all material means to meet human requirements and śāstra means the holy book.

The fourth chapter delineates the concept of Swadeshi as conceived by Mahatma Gandhi during the first half of the twentieth century. Mahatma Gandhi was unquestionably the greatest political leader of India during Nationalist Movement. He was not only a politician, but also a savant whose Gospels of 'Ahimsa' (non-violence) and 'universal love' have won him world-wide acclaim. His economic concepts, especially that of Swadeshi, is still relevant for the less developed countries and if emulated may help them overcome many intricate economic problems.

The fifth and sixth chapters deal with some modern economic concepts like laissez faire and its feasibility, economic concepts of Karl Marx, Adam Smith, Neoclassical school and Keynes.

Basu, Ratan Lal: -

The author of this volume Dr. Ratan Lal Basu is a Ph. D. in Economics (on Arthaśāstra, the treatise on political economy and statecraft composed by a Brāhmaṇa scholar Kauṭilya around 300 B. C.). He retired as principal from a Government-Sponsored College at Kolkata, and after retirement got fully occupied with research and publishing activities pertaining to Indology, ancient economics, modern economic problems, economic history, yoga and tantra cult, statecraft, international relations and espionage, ethics and morality and also fiction in English and Bengali (his mother tongue).

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