The Hindu Equilibrium

by Deepak Lal

The second of two volumes which offer an interpretation of Indian economic, social and political history that will help in an understanding of India's current economic stagnation, poverty and social problems. In particular this book provides arguments against the conventional view that there is surplus labour in India. It puts together the available historical data on wage trends and wage structures in India, and in this context examines the determinants of unemployment and rural and urban wages.

210 pages, Hardcover

First published January 1, 1989