Jochen Runde replies

Other items related to this theme, published in the Newsletter, include:
Teaching evidence-based economics (October 2013)
The rediscovery of Classical economics (July 2013)
Teaching economics after the crisis (April 2013)
What’s the use of economics (October 2012)
ESRC international benchmarking review (April 2008)
Evidence on the future of economics (July 2007)
Economics should look eastward (October 2006)

Sir,

Professor Prakash is right to chide us for failing to consider contributions from the Indian subcontinent. But what we are seeing here is not a lack of interest or, worse still, chauvinism, on the part of individual authors. Rather, the root of the problem is the institutional one that western sources tend to crowd out all others in economics. The situation is made all the worse in this specific instance, since many of the works cited by Professor Prakash suffer the added disadvantage of being quite old or only available in India.

What can be done about the situation? The ever-increasing ease with which information can be gathered and shared electronically will surely help. But that is something that will only go so far. It will also be necessary for more of those with an interest in Indian contributions at the intersection of economics and philosophy, to follow Professor Prakash’s lead and to start intervening. Perhaps the time has come for someone to survey these contributions with a Western audience in mind (much as Amartya Sen has done in his survey of the argumentative tradition in India)? I suspect that there would be a great deal of interest in something on these lines, particularly if it speaks to current concerns and debates.

Jochen Runde
Judge Business School
University of Cambridge

Page Options