Ancient Indian economic thought; relevance for today.8131601250 Ancient Indian economic thought; relevance for today. Basu, Ratan Lal and Raj Kumar Sen. Rawat Publications 2008 199 pages $30.00 Hardcover HC435 Now considered by many a prime example of indigenous wisdom, ancient Indian economic ideas have come to characterize significant aspects of traditional national culture. Basu (economics, Bhairab Ganguly College Bhairab Ganguly College is a university college in Belgharia, a northern district of Kolkata that was set up on 3 September 1968. The campus is easily accessible by railways through Belgharia and Baranagar Road Stations, and by buses plying along Barrackpore Trunk Road. ) and Sen (economics, Rabinda Bharati U.) concentrate on two of the most important of ancient Indian writings, Arthasastra and Manusmriti, locating passages related to theory as well as practice. They compare the economic outlooks of Western and ancient Indian thought, then show how the latter applies in terms of agriculture and sustainable land use, the holistic approach holistic approach A term used in alternative health for a philosophical approach to health care, in which the entire Pt is evaluated and treated. See Alternative medicine, Holistic medicine. to the environment and ecology, self-employment through crafts, the role of the state, price policies, taxation and fiscal policies, women's right to property, the division of labor, the obligation of selfless people to control the powerful, globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation based on the mobility of both capital and labor and the control of multinational corporations
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