Borderlands Of Economics Radhakamal Mukerjee

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Borderlands Of Economics  by  Radhakamal Mukerjee

Borderlands Of Economics by Radhakamal Mukerjee
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Text extracted from opening pages of book: BORDERLANDS OF ECONOMICS PREFATORY NOTE THIS treatise is the outcome of a course of lectures delivered under the auspices of the University of Lucknow during the years 1921-25. I have noted in theMoreText extracted from opening pages of book: BORDERLANDS OF ECONOMICS PREFATORY NOTE THIS treatise is the outcome of a course of lectures delivered under the auspices of the University of Lucknow during the years 1921-25.

I have noted in the bibliography at the end of each chapter the authorities on the various basal and borderland sciences which have guided me in the several lines of economic interpretation. The scope and treatment of the book are frankly prefatory, but I trust will suffice to fore shadow a system of economics revivified at its foundations and renewed in its methods by a broad-minded co-operation of the sciences of life, mind, and society in keeping with the intellectual vogue of the day.

I have to express my special indebtedness to Dr. N. C. Sen Gupta, who has helped me through many difficulties - and to Mr. D. P. Mukherji, who read the entire manuscript with critical care. I have further to thank Professor W. Burridge, who read the first draft of Chapter XIV, and favoured me with valuable criticisms and suggestions. RADHAKAMAL MUKERJEE. LUCKNOW, July, 1925. CONTENTS CHAPTER PAGE PREFATORY NOTE 5 I. INTRODUCTION 9 II. ECONOMICS AND ITS BASAL SCIENCES 13 III. THE UNCONSCIOUS AND THE RATIONAL 23 IV. ECONOMIC BEHAVIOURISM 3! V. THE MISFITS OF HUMAN NATURE 55 VI.

THE ANTHROPOLOGICAL STANDPOINT 77 VII. THE INSTITUTIONAL BACKGROUND 87 VIII. THE HUMANIZATION OF ECONOMICS IOO IX. THE GROUP CONCEPT I2O X. THE MEASUREMENT OF THE AFFECTIVE PROCESSES . .140 XI. ANTI-INTELLECTUALISM IN ECONOMICS 158 XII. THE PSYCHO-ANALYTIC VIEW OF ECONOMICS . . . 169 XIII. HUMAN GEOGRAPHY AND ECONOMICS 183 XIV. PHYSICS AND ECONOMICS 197 XV.

BIOLOGY AND ECONOMICS 2l8 XVI. SYMBIOSIS, ORGANIC AND ECONOMIC 240 XVII. THE NEW ALLIES OF ECONOMICS 254 INDEX 273 BORDERLANDS OF ECONOMICS CHAPTER I INTRODUCTION THE present work touches briefly the remarkable advance in the basic sciences, now fashioning a scientific theory of human nature and conduct which makes a recasting of the aims and methods of economic analysis inevitable. In exploring some new approaches in regions of thought bordering on economics, this work opens up vistas for further research, indicates methods of investigation rather than results, and exhibits some typical examples without trying to cover the whole ground.

It seeks thus to enlarge the horizon of economics, and to outline the new system : though for the outline supplied no completeness is claimed, since a preliminary survey can aim at little more than marking out ground for later detailed study.

A certain amount of repetition may be excused by the necessity of showing basic ideas and principles in many lights and relations for clearer exposition. The task of a student of the social sciences is much more complex than apparently was realized in the past.

Workers in these sciences must regard the phenomena of life and mind as a whole, now being presented in a new light. In attacking the economic problems most nearly concerned with human nature, we thus have sought the aid of psychology, physiology, ethnology, etc., which supply the apperception mass into which the strictly economic fact is to be assimilated. The first quarter of the twentieth century has been occu 10 BORDERLANDS OF ECONOMICS pied* with rectification and consolidation of discoveries made in the second half of the nineteenth.

The rapid advance of biology, psychology and ethnology has f ocussed the complete view of man physical, psychical and social which links up the apparently discrete economic phenomena in ( In unbroken causal chain. This deeper insight has been accompanied by an accurate method of study and measiurement. The principal instrument of study in this sphere is the science of statistics. The huge number of cases that necessarily^ ust be surveyed in connection with social phenomena, and the tendencies and directions as well as rates of change or evolution in social affairs which would be ipvaluable for a sound scientific per spective of social mat



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