Thursday, September 10, 2020

Prof S.Ambirajan’s Thoughts on Development Economics

I have new article on forgotten Indian economic thoughts. This one explains the forgotten development economics ideas of Professor S Ambirajan. 

"On the growth of population, Prof Ambirajan firmly believed that “Generally a rapid rise in population accompanies rapid economic development” and “economic development alone can be the effective remedy to the threat of overpopulation.” According to him, “Economic development is but one of the many factors that determine a country’s or a community’s prosperity. Without social betterment and general cultural progress, mere economic development can have no meaning for us.” 

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