Maria Bach

Historian of economics whose research examines how economists from colonized societies developed alternative frameworks for development and political economy; author of Relocating Development Economics (Cambridge UP, 2024) and the featured guest on this episode.

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Dec 3, 2025 • 34min

Maria Bach, "Relocating Development Economics: The First Generation of Modern Indian Economists" (Cambridge UP, 2024)

Maria Bach, a historian of economics, explores how Indian economists from the late 19th century challenged Western development ideas. She highlights Mahadev Ranade's significant contributions and the underappreciated Indian economic thought that offers fresh perspectives on progress and regression. Bach discusses the impact of famines and deindustrialization on Indian economists' concerns and argues that Indian ideas significantly shaped later development theories. The conversation dives into the engagement between Indian and Western economic thought and its influence on post-colonial economics.

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