Page:Indian Journal of Economics Volume 2.djvu/657

 I O O N O MI ( 8 IIV A N 3 I IV  IlV D IA Saint Narada laid down the followin injunction :-- "Let the king follow the rules and tenets of econo- mies--wr and Politics--without being blinded by self-conceit." (Narada. parishishta, 61). But the outdoes the Vana-Parvan (150) above statements of the Malmbharata when it says that When I believe that it is clear mendons efforts must have lhis branch ot knowledge. everything in the world is upheld by vart." such supreme importance hss been attsehed to by so many different schools of thought, would it not be preposterous to think that the ancient Indians did not devote themselves to the study of this science? as noon-day that ire- been made to develop Ethics and Economics Narada in his law books speaking of the tel&five importance of ethics and economics lays down in L 9 flint: "Where the rules of sacred science and arthakata discard the are at variance, the king ought to dictates of economics and follow the peceps of ethics." The same idea has been expressed in many other books of law and polity, for instance, Suktauii, IV. 5, 44, 274; Yajnavalkya-Smriti IL 211; Agni. Iurana, 253, Chap. 50.  is plsh from these words thst it was widely held that morali.ty and ethicsl principles ought no to be sserificed on the altar of economic and poli- tiesl moral politics considerations by Government. In other words and ethical forces ought to loom large in the of the world and economic forces should be so traasformed as to hmonizo with in these days has to hide ethical principles. But a]! and claw cornperil, ion ethics corners from the merciless &ks nooks and oc6nomis of the selfish and egoistic school. he established of. oth iself in of