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The 'New Political Economy' and British Economic Policy for India

Bibliographic Data

ID2823219
AuthorsRalph B Price (McDaniel College, corresponding author)
Year1976
Volume35
Issue4
Pages401-414
Publication date1976-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1536-7150.1976.tb03031.x
OpenAlexW1988148571
LanguageEN
Citations received1
References cited2

James Mill, as a high official of the East India Company, had the opportunity after 1819 to establish economic policy for India. In fact, James Mill's Utilitarian philosophy of government and his advocacy of Ricardian rent theory as the basis for revenue policies in India set the pattern for the development of modern India. Both James and John Stuart Mill (who succeeded his father with the company) defended the company against its critics, such as J. R. McCulloch and Richard Jones, who argued that the revenue policy was inhibiting economic development. Modern Indian institutions are an amalgamation of Benthamism, Fabian Socialism, and Brahminism

Economic history · Economic Thought · Economics · Economy · Government (linguistics) · Mill · Political economy · Political science · Politics · Revenue · Socialism · Economic Theory and Institutions · Economic Theory and Policy · Finance · History · Law · Philosophy · Political Economy and Marxism

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  • Ideology and Indian Planning

    Open Access•Ralph B Price•American Journal of Economics and…•1967

Unique citing works1
Citations per year0,33
Citation span2023 - 2023 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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