Ancient Indian economic thought : relevance for today /
Ratan Lal Basu, Raj Kumar Sen.
Jaipur : Rawat Publications, 2008.
199 p. ; 23 cm.
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Jaipur : Rawat Publications, 2008.
Economic thought in Arthaśāstra by Kauṭalya and Mānavadharmaśāstra by Manu, two ancient Hindu texts and its relevance in the globalized arena.
catalogue key
Includes bibliographical references and index.
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This item was reviewed in:
Reference & Research Book News, August 2008
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Library of Congress Summary
Economic thought in Arthasastra by Kautalya and Manavadharmasastra by Manu, two ancient Hindu texts and its relevance in the globalized arena.
Main Description
The study of ancient Indian economic ideas provides a deeper insight into India's culture, tradition, and inherent national characteristics. Many scholars, particularly during the first half of the 20th 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, the Ramayana and Mahabharata, Manusmriti, Sukraniti, and several other ancient Indian texts. This volume is an extremely timely publication. 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. 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. Ancient Indian Economic Thought: Relevance for Today deals with the two most well-known ancient Indian writings, Arthasastra and Manusmriti. Contents include: 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 labor --- procedure of making a good ruler --- and globalization.
Table of Contents
Introduction: Ancient Indian Economic Thoughtp. 1
Sources and Essence of Ancient Indian Tradition: Contrast between Mainstream Western World Outlook and Ancient Indian World Outlookp. 19
Agriculture and Land Use: Eco-friendly and Sustainable Agricultural Pursuitsp. 38
Environment and Ecology: Holistic Approach to Environment and Ecologyp. 58
Craft Industries: Self Employment through Craftsp. 75
Role of the State Sector: Efficient State Sector only for Selected Areasp. 93
Price Policy: Price Control for Selected Commoditiesp. 107
Taxation and Fiscal Policy: Direct versus Indirect Taxes and Fiscal Managementp. 129
Women's Property Rights: Women's Property (Stridhana)p. 145
Division of Labour: Efficiency-based Division of Labourp. 156
The Procedure of Making a Good Ruler: Role of Selfless Persons to Control the Rulers and Politiciansp. 169
Globalization: Globalization based on Mobility of both Capital and Labour and Control of Multinational Corporationsp. 185
Indexp. 195
Table of Contents provided by Ingram. All Rights Reserved.

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