About the book:
“Ill fares the land…where wealth accumulates and men decay” - Oliver Goldsmith
WEALTH and ILLFARE is intended for readers who do not have much knowledge in economics, but are eager to know how economic systems function. In particular, it deals with the phenomenon that many find disturbing, the soaring affluence of the few and the continuing misery of the many that is increasingly becoming evident globally and in our country. Ownership and control over resources, different forms of mediation and asymmetry of information are identified as clues for any interested reader to develop skills to study real life economic problems. It is a unique and timely contribution by a reputed practitioner who, over the past half a century, has influenced generations of students and through his earlier writings the general public as well.
Author(s): C. T. Kurien
Edition: First
Publisher: Books for Change
Year: 2012
Language: English
Pages: 268
City: Bangalore
TABLE OF CONTENTS
INTRODUCTION ..............................................6
Part I: BASIC ECONOMIC ACTIVITIES AND RELATIONSHIPS.......15
Chapter 1: Economics of a Single Household................17
Chapter 2: Economics of Multiple Households...............29
Chapter 3: Exchange and Intermediation....................42
Part II: THE INTERMEDIARIES...............................52
Chapter 4: Money and Markets..............................54
Chapter 5: Banking and Finance............................68
Part III: PRODUCTION AND AGGREGATION......................93
Chapter 6: The Organization of Production.................95
Chapter 7: The State.....................................113
Chapter 8: The National Economy..........................126
Chapter 9: The Global Economy............................152
Part IV: THE INDIAN ECONOMY..............................184
Chapter 10: The Indian Economy: Evolution and Structure..185
Chapter 11: Growth and Transformation....................203
Chapter 12: India Today: Wealth and Illfare..............226
CONCLUSION...............................................250
