1/10/2020

The New Arthashastra

"The Arthashastra, the science of wealth and politics, is one of the world’s oldest treatises on political economy. Written by Kautilya, legendary advisor to the Indian King Chandragupta Maurya (reign: 321–298 BCE), the Arthashastra has often been compared to Machiavelli’s The Prince and has been a touchstone in Indian political economy for well over a thousand years.

Vijay Kelkar and Ajay Shah, two long-time advisors to the Indian government, have written the new Arthashastra, In Service of the Republic: The Art and Science of Economy Policy. In Service doesn’t go into great detail on current policies in India (Joshi’s Long Road is the best recent overview), it instead distills timeless wisdom on the making of political economy."