Emeritus Professor of Economics, Sir Theagaraya College, Chennai.
About the Book
This book provides a comprehensive coverage of the origin and development of economic thought from the ancient times to the present day. It documents the contributions of major thinkers from the time of Hebrews to Maurice Dobb, and the perspectives that influenced the economic thought.
The book also provides an account of the recent trends in Indian economic thought and will be of interest and relevance to all students and scholars of the subject. It covers the syllabus of economic thought of major Indian universities.
New in this Edition
• Inclusion of new topic Shanti Parva enhancing insights to the economic thought of ancient India
• Discussion on the concept of new-Keynesian economics
• New chapters on Joan Robinson and Maurice Dobb expounding their works and contribution to economic thought
• New chapter on the accounts of socio-religious and socio-economic reformers such as Basaveshwara, Jyotirao Govindrao Phule and Rajarshi Shahu Maharaj
• Updated account on the recent Indian economic thought by prominent thinkers such as J C Kumarappa, M S Swaminathan, Yashwantrao Balwantrao Chavan and many more
• Coverage on the contribution of Nobel Laureates in Economics up to 2016
Table of Content
1. Introduction, 2. Ancient Economic Thought, 3. Economic Thought in Ancient India, 4. Medieval Economic Thought, 5. Mercantilism, 6. The Physiocrats, 7. Adam Smith (1723 - 1790), 8. Jeremy Bentham (1748 - 1832), 9. Thomas Robert Malthus (1766-1834), 10. David Ricardo (1772-1823), 11. J. B. Say (1767-1832), 12. Bastiat (1801-1850), 13. Nassau William Senior (1790-1864), 14. John Stuart Mill (1806-1873), 15. The Historical School, 16. The Nationalists, 17. Sismondi (1773-1842), 18. Utopian Socialism, 19. Karl Marx (1818-1883), 20. Fabian Socialism, 21. The Marginal Revolution, 22. The Austrian School, 23. Alfred Marshall (1842-1924), 24. Indifference Curve Analysis - Iso-Product Curves, 25. Neo-Classicism, 26. The Institutionalist School, 27. The Keynesian Revolution, 28. Joseph A. Schumpeter (1883-1950), 29. Neo-Keynesian - New Keynesian Economics, 30. Joan Robinson (1903-1983), 31. Welfare Economics, 32. Maurice Dobb (1900-1976), 33. Comparative Economic Systems, 34. Socio-religious and Socio-economic Reformers of India, 35. Recent Indian Economic Thought, 36. Recent Trends in Indian Economic Thought (Applied Economics), 37. Nobel Laureates in Economics