<p>India was an economic power to reckon with until its economic decline in the 18th century. What explains this long period of prosperity? The answer might lie in a framework of social and economic thought that lies buried in our ancient heritage, of which Kautilya’s Arthashastra is a major example.</p>.<p>Kautilyanomics for Modern Times seeks to do three things — first, to provide a structure and a context for Kautilya’s economic thoughts; second, to examine his work’s relevance today; and third, to do it in a way that a lay reader can follow and grasp easily.</p>.<p>Kautilya’s thought is mainly articulated through the prism of dharmic capitalism and its components — some examples include his views on the global economic outlook, state-market dynamics, and sustainable growth through observance of environmental, societal and familial responsibilities.</p>.<p>Sriram Balasubramanian is an economist and author based at one of the leading international monetary institutions in the world. His key areas of interest include global macroeconomics, economic history, socio-economic trends in emerging markets and Indic/dharmic culture. He has contributed to many international publications as an independent columnist and commentator. </p>
<p>India was an economic power to reckon with until its economic decline in the 18th century. What explains this long period of prosperity? The answer might lie in a framework of social and economic thought that lies buried in our ancient heritage, of which Kautilya’s Arthashastra is a major example.</p>.<p>Kautilyanomics for Modern Times seeks to do three things — first, to provide a structure and a context for Kautilya’s economic thoughts; second, to examine his work’s relevance today; and third, to do it in a way that a lay reader can follow and grasp easily.</p>.<p>Kautilya’s thought is mainly articulated through the prism of dharmic capitalism and its components — some examples include his views on the global economic outlook, state-market dynamics, and sustainable growth through observance of environmental, societal and familial responsibilities.</p>.<p>Sriram Balasubramanian is an economist and author based at one of the leading international monetary institutions in the world. His key areas of interest include global macroeconomics, economic history, socio-economic trends in emerging markets and Indic/dharmic culture. He has contributed to many international publications as an independent columnist and commentator. </p>