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Mahatma Gandhi and Deendayal UpadhayayA Comparative study of economic philosophies

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RESEARCH PAPER Mahatma Gandhi and Deendayal Upadhayay A Comparative study of economic philosophies Yogita Sharma Yashwant Singh Tanwer Abstract Many philosophers throughout the course of time carved various economic theories for the society to follow whatever suits them best.  Maidening from the barter system to capitalism by Adam Smith (1776), communism by Karl Marx (1887), mixed economy model of Keynes (1930), Ghandhian economics by Kumarappa (1951), integral economics by Deendayal Upadhayay (1955) and social business by Yunus (2011).  Though after the collapse of barter system almost all of the doctrines were profit driven and 10 on 10 theories were aimed to achieve maximum social and individual health and satisfaction.  But the two theories which stands out of this spectra are : (a) Ghandhian economics and (b) Integral economics.  This study paper will evaluate, compare and define briefly the Gandhian economics and Integral economics and investigate whether these...

Economics: A boring must

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It is not an exaggeration at all if I say all the subjects are equally boring when taught wrong and given the curriculum of our education system, I'm safe in proclaiming it as "a device to borify most interesting of the things". But even if we got adam smith himself to teach us, economics unanimously will be one of the most boring subjects to read and people who do majors in economics should get a life. (I've a major in economics, thanks.) Well, the question stands why is economics so dull? Well A is obviously the way it is taught, B can be that economists and teachers while teaching only apply the analysis of maths and science in economics but perfectly excludes the philosophy, the art, the moralistic discourse of economics from the discussion and because of this perception of economists that philosophies and art and "the should be's" would be inappropriate, students are missing out on alot of life lessons. I can guarantee nobody can deny th...