📖 The Scoop
An introductory concise survey of the evolution of economic thought in India prepares the background in which the author discusses several basic issues of the methodology of political economy. The use of classical, neoclassical or Keynesian theories as alternative explanatory models for the Indian economy is critically reviewed, and validity of the Keynesian theory as a paradigm of world capitalism has been analysed in view of the current recession in developed countries.
Genre: Business & Economics / Economics / General (fancy, right?)
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