The Foundation of Indian Economics

I should also express my grateful acknowledgments to the Editors of the Modern Review the Indian Review the Hina'usthan Review the Modern World the Wealth of India the Dacca Review the Vedic Magazine and Gurukula Samachar the Collegian and the Calcutta University Magazine for the courtesy of their permission to reproduce different portions of the wVk which originally appeared in these jour [...] The ignorance of the villagers is sometimes regarded as the cause of the disparity of price-levels but any one closely examining the village economy will find that it is not the ignorance of the villagers but the lack of connection between money prices and commodities in the village that accounts for the differences of prices in town and village. [...] the relation of the son to the parents of the husband to the wife of the householder to the guest of the disciple to the guru of the servant to the master. [...] Laksmana embodies the devotion to the brother Hanuman the reverence for the master Eklabya the implicit faith in the guru and Raja Sibi the veneration for the guest while the sacrifice of Sita Sabitri Saibya and Damayanti as well as of Behula and Fullara represents the supreme ideal of Indian24 THE FOUNDATIONS OF INDIAN ECONOMICS womanhood. [...] The child as the heir of the past and the promise of the future represents humanity "THE FAMILY AS THE ECONOMIC UNIT 27 and the ideal family therefore serves humanity in serving the child.