Dadabhai Naoroji’s theory of the Drain of Wealth was first stated in his book Poverty and Un-British Rule in India published in 1867.
Dadabhai Naoroji
dadbhai naoroji
Napoleon Roussell has written: 'Catholic and Protestant nations compared in their threefold relations to wealth, knowledge, and morality' -- subject(s): Ethics, Knowledge, Theory of, Theory of Knowledge, Wealth
George Ramsay has written: 'An essay on the distribution of wealth' -- subject(s): Distribution (Economic theory), Wealth 'Analysis and theory of the emotions' -- subject(s): Accessible book, Emotions
The "Drain Theory" was proposed by Dadabhai Naoroji, an Indian political leader and social reformer, in the 19th century. He argued that wealth was drained from India to Britain through colonial economic policies, leading to economic exploitation and underdevelopment in India.
Milton Friedman propounded the Wealth Theory of Demand for Money. It is also known as Restatement of Quantity Theory of money.
reizan
Raizan
reizan
The theory is called "plutocratic theory", which characterizes a plutocracy.
Antoine Augustin Cournot has written: 'Researches into the mathematical principles of the theory of wealth' -- subject(s): Economics, Mathematical, Mathematical Economics
a stoppage in a pipe or drain