Poverty of Economics: India and the Poverty Dilemma
Synopsis
Poverty of Economics discusses some serious misgivings in modern economic regarding analysis of poverty in poor countries. The work, in fact, is a study of wealth, not of poverty. It traces paradigms more suited to the agricultural and rural economies based neither on Keynesian short-term rules of social investment for kicking up a slumping capital market, nor the re-energised competitive, export – oriented reforms. The book argues for a moderate non-capital route, which is partly welfarist, Partly socialist, but basically ethical. It brings out an economics of villages, which has to explore indigenous resources in the vast poor areas.
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