DHARMAPUTRA GETS CRAZY

When in 1776 Adam Smith, a Philosopher authored the book "The Wealth of Nations," Nobody in the vicinity would have then known the far-reaching repercussions that his theory would provide. Our world was generally agricultural based economy then.The Industrial revolution was nowhere in the scene. People where heavily dependent on the cropping patterns which was the main source of their income. And at that time India was generally under the patronage of the Mughals. So a question to you where does Adam Smith comes in the picture and is he the main protagonist? Of the time which we are talking about India as we call now, was mostly under the Mughal empire. And most of our country apart from the shores had an agrarian economy, i.e. most of the people had their living from the cropping patterns which was followed in the country and most of the crops were dependent on the monsoon. Apart from the agriculture what other things mattered in the economy were overseas trading in th...

It is a very radical thought which I am going to put forward now. To many among us it may seem strange, but for many it gives  sheer joy that at last they will know what actually happened to them when they were at these tight spots. This isn't the pure scientific analysis of the cause, rather an experiential one. That is all I want to say for the starting. When we were  young we had many  tastes and preferences. we used to like anything and would try and cry (our only weapon) hard enough to get what we wanted sometimes we  even succeeded and sometimes we failed but we never stopped doing that. Of all the times, we got the things we played with them, for the times we have not, we played with our imagination. Being a student of economics now I feel elated to answer the question that in which of the above two cases we were most happy! At times when we had it or when we hadn't and were left with the sight to implore around the infinite unfathomable dimensions of the ...