The first overview of Indian economic thought to appear in English this bookprovides rich insights into both economic issues and the workings of the Indianmind.... » 

The first overview of Indian economic thought to appear in English this bookprovides rich insights into both economic issues and the workings of the Indianmind. Arguing that it would be inappropriate to rely solely on formal economicanalyses Ajit K. Dasgupta draws on a wide range of sources epics religiousand moral texts public speeches addresses and newspaper articles. Whatemerges is an intricate mosaic reflecting Indias different cultures andcivilizations.The book examines the ways that Hinduism Buddhism and Islam address economicissues. It demonstrates the deep impact of British colonial rule both inpropagating Western economic ideas and in provoking Indian theories ofcolonialism and underdevelopment. The book also includes chapters on Ghandianeconomics and Indian economic thought since Independence. Dasgupta looks atpast thought from the vantage point of modern economic theory particularlydevelopment economics. His lucid study reveals the legacy of Indian thought ineconomics and its relevance to contemporary India. «