Saturday, June 21, 2008

Chanakya: the pioneer economist of the world.


Chanakya, a magnificent persona, was full of determination in accomplishing any objective. This expert economist and a statesman par excellence was also well versed in all `Shastras` or branches of knowledge. Chanakya was very full-grown master in the four methods - of persuasion, enticement, sowing dissension, and punishment or war. For anybody it was hard to makeup what was going on his mind. He was so tightlipped in his method and far-sighted that in any venture, his calculations never went wrong in order to reach his aim.

Chanakya, also known as Kautilya or Vishnugupta, was born in Pataliputra, Magadh (modern Bihar), and later moved to Taxila, in Gandhar province(now in Pakistan). He was a professor (acharya) of political science at the Takshashila University and later the Prime Minister of the Emperor Chandragupta Maurya. He is regarded as one of the earliest known political thinkers, economists and king-makers. He was the man to envision the first Indian empire by unification of the then numerous kingdoms in the Indian sub-continent and provide the impetus for fights against the Greek conqueror Alexander.
He compiled his political ideas into the 'Arthashastra', one of the world's earliest treatises on political thought and social order. His ideas remain popular to this day in India. In Jawaharlal Nehru's Discovery of India, Chanakya has been called the Indian Machiavelli. Three books are attributed to Chanakya: Arthashastra, Nitishastra and Chanakya Niti. Arthashastra (literally 'the Science of Material Gain' in Sanskrit) is arguably the first systematic book on economics. It discusses monetary and fiscal policies, welfare, international relations, and war strategies in details. Many of his nitis or policies have been compiled under the book title Chanakya Niti. Nitishastra is a treatise on the ideal way of life, and shows Chanakya's in depth study of the Indian way of life.

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