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A History of Indian Economic Thought (Routledge History of Economic Thought) PDF

219 Pages·1993·0.8 MB·English
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A History of Indian Economic Thought Routledge History of Economic Thought Series A History of Japanese Economic Thought Tessa Morris-Suzuki The History of Swedish Economic Thought Edited by Bo Sandelin A History of Australian Economic Thought Peter Groenewegen and Bruce McFarlane A History of Canadian Economic Thought Robin Neill A History of Indian Economic Thought Ajit K.Dasgupta London and New York First published 1993 by Routledge 11 New Fetter Lane, London EC4P 4EE Simultaneously published in the USA and Canada by Routledge 29 West 35th Street, New York, NY 10001 This edition published in the Taylor & Francis e-Library, 2002. © 1993 Ajit K.Dasgupta All rights reserved. No part of this book may be reprinted or reproduced or utilized in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library ISBN 0-415-06195-4 Library of Congress Cataloging in Publication Data Dasgupta, Ajit Kumar. A history of Indian economic thought/Ajit Dasgupta. p. cm. —(Routledge history of economic thought series) Includes bibliographical references and index. ISBN 0-415-06195-4 1. Economics—India—History. I. Title. II. Series. HB126.I4D365 1993 93–18818 330'.0954 dc20 CIP ISBN 0-415-06195-4 (Print Edition) ISBN 0-203-00347-0 Master e-book ISBN ISBN 0-203-14943-2 (Glassbook Format) …and when they have mastered that teaching they do not question each other about it, do not open up a discussion thus: ‘What is this? What does this mean?’; when they neither open up what has not been revealed nor explain what has not been explained nor clear up doubts on diverse doubtful points of doctrine: such a company, monks, is called ‘trained in bluster, not in enquiry’. (Anguttaranikaya i: 72) In memory of my father Kulada Charan Dasgupta 1900–1987 Contents Acknowledgements xi List of abbreviations xii 1 Introduction 1 The uses of history 1 Criteria for selection 6 An outline of topics 10 2 Buddhism and economics 13 Buddhism and the economic enterprise 14 Prices and taxation 19 Altruism and economics 21 3 Kautilya’s Arthasastra: economics and polity 28 The economic functions of the state 29 Taxation and pricing policy 33 The land system 36 Conclusions 40 4 Economic thought in the Muslim period 42 Introduction 42 Islamic canons and fiscal policy 44 Monetary policy 51 Price-control 55 5 Famines and famine policy 57 Famine defined 58 Why famines occur 59 Famine policy 61 Criticisms of famine policy 63 Conclusions 68

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