ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Relative Rates of Growth

Relative Rates of Growth: Agriculture And Industry by Ashok Rudra, University of Bombay, 1967; pp xi 4 91; Rs 18. DESPITE the progressive refinement in the tools of economic analysis it is rather surprising but true that a large number of economists, while making policy prescriptions, are guided not by economic logic but by ideological considerations. This ideological bias is, for example, clearly reflected in the controversy relating to the choice between agriculture and industry in the development process of the underdeveloped countries. This controversy has turned out to be sterile and meaningless. The question itself was not correctly posed. How can one expect one horse to stand still, while the other is running when both are yoked to a two- horse carriage?

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