The missing link: From Kautilya’s The Arthashastra to modern economics

The aim of this paper is twofold: first, to provide evidence supporting the thesis that Kautilya was the first political economist; second, to verify that a systematic study of political economy has begun long before the ideas and works of Adam Smith. It was in the works of Kautilya (around 375 B.C....

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Autor principal:	Marinko Škare
Formato:	article
Lenguaje:	DE EN FR
Publicado:	Editura ASE Bucuresti 2013
Materias:	Arthashastra Kautilya Economic evolution Heterodox economics Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/1eaebeea8673460c88d935040b94f59b
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spelling	oai:doaj.org-article:1eaebeea8673460c88d935040b94f59b2021-12-02T02:02:01ZThe missing link: From Kautilya’s The Arthashastra to modern economics1843-22981844-8208https://doaj.org/article/1eaebeea8673460c88d935040b94f59b2013-05-01T00:00:00Zhttp://www.jpe.ro/poze/articole/93.pdfhttps://doaj.org/toc/1843-2298https://doaj.org/toc/1844-8208The aim of this paper is twofold: first, to provide evidence supporting the thesis that Kautilya was the first political economist; second, to verify that a systematic study of political economy has begun long before the ideas and works of Adam Smith. It was in the works of Kautilya (around 375 B.C.). In order to validate the aims of our study, we look for evidence in his Arthashatra of rational behaviour, self-interest motivation, and market elements of a traditional commercial society. Providing a sound interpretation of Kautilya’s main arguments, we demonstrate that his is no less a systematic study in political economy than Smith’s The Wealth of Nations. Economics is a science that tries to offer policies and practices for creating and enriching a nation’s wealth, and in that sense, the Arthashastra (literal translation being The Science of Wealth) represents the first systematic manual of political economy. The development of economics as a science must take cognition of the economic principles and ideas presented in The Arthashastra so as to reveal the true origins of economic thought and its evolution. It is only by understanding methodological problems in a historical perspective we can understand the modern methodological and conceptual issues.Marinko ŠkareEditura ASE BucurestiarticleArthashastraKautilyaEconomic evolutionHeterodox economicsEconomics as a scienceHB71-74DEENFRJournal of Philosophical Economics, Vol VI, Iss 2 (2013)
institution	DOAJ
collection	DOAJ
language	DE EN FR
topic	Arthashastra Kautilya Economic evolution Heterodox economics Economics as a science HB71-74
spellingShingle	Arthashastra Kautilya Economic evolution Heterodox economics Economics as a science HB71-74 Marinko Škare The missing link: From Kautilya’s The Arthashastra to modern economics
description	The aim of this paper is twofold: first, to provide evidence supporting the thesis that Kautilya was the first political economist; second, to verify that a systematic study of political economy has begun long before the ideas and works of Adam Smith. It was in the works of Kautilya (around 375 B.C.). In order to validate the aims of our study, we look for evidence in his Arthashatra of rational behaviour, self-interest motivation, and market elements of a traditional commercial society. Providing a sound interpretation of Kautilya’s main arguments, we demonstrate that his is no less a systematic study in political economy than Smith’s The Wealth of Nations. Economics is a science that tries to offer policies and practices for creating and enriching a nation’s wealth, and in that sense, the Arthashastra (literal translation being The Science of Wealth) represents the first systematic manual of political economy. The development of economics as a science must take cognition of the economic principles and ideas presented in The Arthashastra so as to reveal the true origins of economic thought and its evolution. It is only by understanding methodological problems in a historical perspective we can understand the modern methodological and conceptual issues.
format	article
author	Marinko Škare
author_facet	Marinko Škare
author_sort	Marinko Škare
title	The missing link: From Kautilya’s The Arthashastra to modern economics
title_short	The missing link: From Kautilya’s The Arthashastra to modern economics
title_full	The missing link: From Kautilya’s The Arthashastra to modern economics
title_fullStr	The missing link: From Kautilya’s The Arthashastra to modern economics
title_full_unstemmed	The missing link: From Kautilya’s The Arthashastra to modern economics
title_sort	missing link: from kautilya’s the arthashastra to modern economics
publisher	Editura ASE Bucuresti
publishDate	2013
url	https://doaj.org/article/1eaebeea8673460c88d935040b94f59b
work_keys_str_mv	AT marinkoskare themissinglinkfromkautilyasthearthashastratomoderneconomics AT marinkoskare missinglinkfromkautilyasthearthashastratomoderneconomics
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The missing link: From Kautilya’s The Arthashastra to modern economics

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