The most preferable way of dealing with ones residual income is to save it. One can keep that tucked away at a corner of almirah and forget about it. But then, this is not a good way of dealing with ones savings.The reason is that the money you hold in your hand also has its [...]
Archive of posts tagged Economics
Finance and Profits
For some years now, I had wanted to read this book Finance and Profits by N.J. Yasaswy, but could mange only some extracts. By this time, this edition of the book that I have, is nearly 15 years old. So, I decided, that I should read it at least now. In the field of finance, [...]
Colonial India and Imperial Britain (Part 4)
[This essay Some Thoughts on The Drain of Wealth: Colonial India and Imperial Britain was published in the World History Bulletin (WHB) Spring 2004 (Vol XX No1). The WHB is published by World History Association (WHA), USA]
© Anup Mukherjee
Part 1 Part 2 Part 3 Part 4
Imperial Issues & Economic Consequences:
Britain in India was the significant central power. It [...]
Colonial India and Imperial Britain (Part 3)
[This essay Some Thoughts on The Drain of Wealth: Colonial India and Imperial Britain was published in the World History Bulletin (WHB) Spring 2004 (Vol XX No1). The WHB is published by World History Association (WHA), USA]
© Anup Mukherjee
Part 1 Part 2 Part 3 Part 4
A major critique of the drain by the Nationalists was built around the [...]
Colonial India and Imperial Britain (Part 2)
[This essay Some Thoughts on The Drain of Wealth: Colonial India and Imperial Britain was published in the World History Bulletin (WHB) Spring 2004 (Vol XX No1). The WHB is published by World History Association (WHA), USA]
© Anup Mukherjee
Part 1 Part 2 Part 3 Part 4
Another important aspect of the economic exploitation was the process of deindustrialisation. Certain [...]
Colonial India and Imperial Britain (Part 1)
[This essay Some Thoughts on The Drain of Wealth: Colonial India and Imperial Britain was published in the World History Bulletin (WHB) Spring 2004 (Vol XX No1). The WHB is published by World History Association (WHA), USA]
© Anup Mukherjee
Part 1 Part 2 Part 3 Part 4
The Drain of Wealth Theory:
The Drain of Wealth theory is a set [...]
Market Practices
This might sound a simple and small thing, but is quite symptomatic on how a free market mechanism punishes the bad trader, and at the same time how a a cartelised market is a bad place to shop.
A week back I had gone to the vegetable market, and at one shop there was good potatoes [...]
Patent
A version of this essay was published in the Encyclopedia of World Trade published by ME Sharpe Publishers, Armonk, New York.
Patent © Anup Mukherjee
The word ‘Patent’ is derived from the Latin word patere, which means to be open or public. Patent is a form of intellectual property right (IPR). The intellectual property can be broadly [...]
Indian Ocean Trade
A version of this essay was published in the Encyclopedia of World Trade published by ME Sharpe Publishers, Armonk, New York.
Indian Ocean Trade © Anup Mukherjee
The Indian Ocean trade network spans from east coast of Africa through Middle East to western and eastern India and then on through Burma to the different islands of Southeast [...]
ASEAN
A version of this essay was published in the Encyclopedia of World Trade published by ME Sharpe Publishers, Armonk, New York.
ASEAN © Anup Mukherjee
Association of South East Asian Nations (ASEAN) came to existence consequent to the Bangkok declaration of Aug 8, 1967. The declaration stated that the “Association represents the collective will of the nations [...]
