Search

The book is a collection of essays written since 2010, and dealing, in one way or another, with the place of values in economic analysis. The centrality of values in the collection is not surprising, given that the thematic concerns informing the essays in the book relate principally to methodological issues in economic enquiry, to the normatively constrained aggregation of personal preferences into collective choice, and to problems of logical coherence and ethical appeal in the axiom systems underlying the measurement of economic and social phenomena such as poverty, inequality and literacy. While many of the essays are more or less technical in nature, they are all explicitly motivated by considerations that go beyond the formalisms of presentation to an involvement with the role of moral reasoning in economic analysis. In particular, the essays emphasize the importance of ‘ought propositions'in a science which is all too often regarded as being wholly and exclusively ‘positive'in its orientation. The book should be of particular interest to researchers, students, and public policy makers.

This volume is about economists, economics, and issues of concern to Indian society. Some essays are expository, and some satirical. Together, they offer a commentary on the state of the discipline of economics today and on aspects of contemporary India's society and polity. The volume affords insights into, among other things, - the pervasive influence of economists such as Kenneth Arrow and Anthony Atkinson, and thinkers such as Tom Paine, Jonathan Swift, and Dadabhai Naoroji;- the place of markets and game theory (and even crime fiction!) in present-day economics; - the affectations and convoluted mathematisation of a good deal of ‘mainstream'economics; and- India's recent political climate, and the conduct of various arms of the legislature, the executive, and the judiciary in the country. Engaging and lucidly written, this volume should be of interest to scholars of economics, political science, development studies, South Asian studies, and, above all, the general reader.

This volume is an overview of, and commentary on, aspects of contemporary India and its socio-economic policies. It focuses on India's economy and society in recent years, and in the process it addresses structural issues of development such as those of population, poverty, inequality, health, and social exclusion. It reviews the adequacy and appropriateness of governmental response to these problems, in terms of public policy, narrowly conceived, and philosophical orientation, more broadly conceived. The concern is not only with economic achievement and human development but also with the framework of civic rights, personal liberty, and institutional autonomy within which the exercise of governance is perceived to be carried out.The essays in this volume were originally written with the general-reader-as-involved-citizen very much in mind as the intended target. However, it should also be of interest to scholars of economics, political science, development studies, and South Asian studies.