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Economicsअर्थशास्त्र

Political economy, development, and the moral life of markets in India

This strand treats economics as a humanistic and historical discipline as much as an analytical one: it asks how colonial extraction, planning, poverty, and inequality have been measured, argued over, and lived through in the Indian subcontinent.

  1. 01

    The Drain of Wealth: Colonial Political Economy

    How Dadabhai Naoroji and the early nationalist economists built a quantitative and moral critique of British rule through the 'drain of wealth' thesis.

    5 concepts · 4 sources · 3 exercises

  2. 02

    Planning, the Mixed Economy, and the Idea of Development

    The Nehruvian planning era, the Mahalanobis model, and debates over state-led industrialization versus agrarian priorities.

    5 concepts · 4 sources · 3 exercises

  3. 03

    Poverty, Famine, and Entitlements

    Amartya Sen's entitlement theory of famine and the long history of measuring poverty and hunger in India.

    5 concepts · 4 sources · 3 exercises

  4. 04

    Informal Labour and the Structure of the Indian Economy

    The overwhelming scale of India's informal workforce, migration patterns, and debates over labour statistics.

    5 concepts · 4 sources · 3 exercises

  5. 05

    The History of Economic Thought: From Smith to Ostrom

    A comparative tour of the great traditions of economic theorizing — classical, Marxist, Keynesian, Austrian, and capability/commons approaches — and the historical crises that provoked them.

    6 concepts · 5 sources · 3 exercises

  6. 06

    Global Capitalism in Crisis: 1929, 1971, and 2008

    How three world-shaping financial crises exposed the structural fault lines of global capitalism and reshaped international economic institutions.

    5 concepts · 4 sources · 3 exercises

  7. 07

    Development, Inequality, and Climate Economics in a Divided World

    How global inequality, the economics of climate change, and competing development paradigms shape debates over who bears the costs of growth and decarbonization.

    5 concepts · 5 sources · 3 exercises