Academics

The Economic Depression of 1930s had wide ranging impact on economic and political thinking. The affects of Great Depression of 1930s brought the timely modifications in Classical Growth Model of…

The most essential principle of Classical Economic Thought is the independence of market mechanism in bringing development. Capital occupies a prominent place in their approach to development. They consider the…

This post discusses the evolutions of concept of development in the light of Liberal Economic Thought. The 20th century witnessed different variants of social change under the basic current of…

The historical and intellectual roots of the idea of development could be traced back to the period, when major social changes took place in the world. The period from 17th…