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{{Short description|Indian philosopher and economist, 1901–1980}}
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{{Infobox person
{{Use dmy dates|date=December 2020}}
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| name = J. K. Mehta
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{{Infobox economist
| image = Prof JK Mehta.png
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|name = J. K. Mehta
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| image_size =
| caption =
|image = Prof JK Mehta.png
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|image_size =
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| birth_name = Jamshed Kaikhushro Mehta<ref>{{cite web |title=Remembering J.K.Mehta on his 34th Death Anniversary |url=http://activeindiatv.com/editorials/23085-remembering-jkmehta-on-his-34th-death-anniversary |website=Active India |language=en-gb}}</ref>
|caption =
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| birth_date = {{birth date|1901|12|14|mf=y}}
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|birth_name = Jamshed Kaikhusroo Mehta<ref name="activeindiatv.com">{{Cite web |title=Remembering J.K.Mehta on his 34th Death Anniversary |url=http://activeindiatv.com/editorials/23085-remembering-jkmehta-on-his-34th-death-anniversary |website=Active India |language=en-gb}}</ref>
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| birth_place = [[Rajnandgaon]], [[Chhattisgarh]], [[India]]
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|birth_date = {{birth date|1901|12|14|df=y}}
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| death_date = {{death date and age|1980|08|09|1901|12|14|mf=y}}<ref>{{cite web |title=Remembering J.K.Mehta on his 34th Death Anniversary |url=http://activeindiatv.com/editorials/23085-remembering-jkmehta-on-his-34th-death-anniversary |website=Active India |language=en-gb}}</ref>
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|birth_place = [[Rajnandgaon, Chhattisgarh]], India
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| death_place = [[Allahbad]]
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|death_date = {{death date and age|1980|08|09|1901|12|14|df=y}}<ref name="activeindiatv.com">{{Cite web |title=Remembering J.K.Mehta on his 34th Death Anniversary |url=http://activeindiatv.com/editorials/23085-remembering-jkmehta-on-his-34th-death-anniversary |website=Active India |language=en-gb}}</ref>
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| occupation = Economist, Philosopher, Professor & Author<ref>{{cite web |title=The Indian Journal of Economics - University of Allahabad |url=http://www.indianjournalofeconomics.com/july2003.htm#5 |website=www.indianjournalofeconomics.com}}</ref>
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|death_place = [[Allahabad]]
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| alma_mater = [[University of Allahabad]] ([[PhD]])
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|occupation = Economist<ref>{{Cite web |title=The Indian Journal of Economics - University of Allahabad |url=http://www.indianjournalofeconomics.com/july2003.htm#5 |website=www.indianjournalofeconomics.com}}</ref>
| Religion = [[Zoroastrianism]]
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|alma_mater = [[University of Allahabad]] ([[PhD]])
|influences = {{flatlist|
* [[W. S. Jevons|Jevons]]
* [[Gandhi]]
}}
}}
|school_tradition = [[Gandhian economics]]}}
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'''Jamshed Kaikhusro Mehta''', known professionally as '''J. K. Mehta''' (14 December 19t01 - 9 August 1980) was an [[India|Indian]] philosopher and economist. He was born to K. M. Mehta in [[Rajnandgaon]] in 1901. He completed his graduation from Moir Central College and attended [[University of Allahabad]] for post graduation.
'''Jamshed Kaikhusroo Mehta''', known professionally as '''J. K. Mehta''' (14 December 1901 – 9 August 1980) was an Indian philosopher and economist.<ref>{{Cite book |url=https://searchworks.stanford.edu/view/982273 |title=Essays in contemporary economics: in honour of professor J. K. Mehta |date=1976 |publisher=Vikas Pub. House| isbn=978-0-7069-0409-3| editor-last=Mehta |editor-first=J. K. |location=New Delhi |editor-last2=Jain |editor-first2=Prakash Chandra |editor-last3=Chaturvedi |editor-first3=D. N.}}</ref>


==Biography==
==Life and ideas==
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J. K. Mehta was born to K. M. Mehta in [[Rajnandgaon]] in 1901. He completed his graduation from Moir Central College and attended [[University of Allahabad]] for post-graduation studies.
Born in a [[Parsis|Parsi]] family, J. K. Mehta started his career as lecturer in Allahabad university. He was later become the Dean of Department of Commerce in University of Allahabad. He was inspired by Gandhian Philosophy and propounded the theory of wantlessness. Although he was Zoroastrian by religion, he had great beliefs in Bhagwad Geeta.


In 1968, he became the president of Indian Economic Association.<ref name=":0">{{Cite web |title=University of Allahabad |url=https://www.allduniv.ac.in/faculties/economics |access-date=2021-11-11 |website=www.allduniv.ac.in}}</ref> He also served as Head of Department of Economics in Allahabad University and Much inspired by [[Herbert Stanley Jevons]].<ref name=":0"/>
==Work and philosophy==


Mehta is known for his idea of wantlessness, presenting in 1931 the theory of marginal revenue.<ref>{{Cite journal |last=Chaubey |first=P. K. |title=Wants, JK Mehta and Wantlessness |url=https://www.academia.edu/622868 |journal=Indian Journal of Economics|date=January 2003 }}</ref> He was much inspired by [[Mahatma Gandhi]] and spread his theory of economics.<ref name="isbnsearch.org">{{Cite web |title=ISBN 9780836413885 - Gandhian Thought |url=https://isbnsearch.org/isbn/9780836413885 |website=isbnsearch.org}}</ref><ref>[https://www.economicsdiscussion.net/economists/economic-ideas-of-j-k-mehta/21130. Economic ideas]</ref>
===Key ideas===
J. K. Mehta is known for his idea of Wantlessness. In 1931, he discovered the theory of Marginal Revenue. [[Joan Robinson]] mentions his work in her book.<ref>{{Cite web|date=2014-04-05|title=J.K. Mehta's Theory of Wantlessness|url=https://www.yourarticlelibrary.com/essay/j-k-mehtas-theory-of-wantlessness/33013|access-date=2020-09-01|website=Your Article Library|language=en-US}}</ref> He was very inspired by [[Mahatma Gandhi]] and spread the Gandhian Theory of Economics.<ref>{{cite web |title=ISBN 9780836413885 - Gandhian Thought |url=https://isbnsearch.org/isbn/9780836413885 |website=isbnsearch.org}}</ref>


==Bibliography==
==Main works==
* Economics of Growth (First Edition: 1964)<ref>{{cite book |last1=Mehta |first1=J. K |title=Economics of growth |publisher=Asia Pub. House |language=English |date=1964|oclc=13799094 }}</ref>
*''Economics of Growth'' (1st ed., 1964)<ref>{{Cite book |last1=Mehta |first1=J. K |title=Economics of growth |publisher=Asia Pub. House |language=English |date=1964|oclc=13799094}}</ref>
* A Philosophical Interpretation of Economics<ref>{{cite journal |last1=Macfie |first1=A. L. |title=Review of A Philosophical Interpretation of Economics |journal=The Economic Journal |volume=73 |issue=289 |pages=106–108 |doi=10.2307/2228409 |date=1963|jstor=2228409 }}</ref>
*"A Philosophical Interpretation of Economics"<ref>{{Cite journal |last1=Macfie |first1=A. L. |title=Review of A Philosophical Interpretation of Economics |journal=The Economic Journal |volume=73 |issue=289 |pages=106–108 |doi=10.2307/2228409 |date=1963|jstor=2228409}}</ref>
* Rhyme, rhythm and truth in economics<ref>{{cite book |last1=Mehta |first1=J. K |title=Rhyme, rhythm and truth in economics |publisher=Asia Pub. House |language=English |date=1967|oclc=473963 }}</ref>
*''Rhyme, Rhythm and Truth in Economics''<ref>{{Cite book |last1=Mehta |first1=J. K |title=Rhyme, rhythm and truth in economics |publisher=Asia Pub. House |language=English |date=1967|oclc=473963}}</ref>
*''The Elements of Economics Mathematically Interpreted, (1st ed., 1932)<ref>{{Cite journal|last=Reynard|first=H.|date=1933|title=Review of The Elements of Economics.|url=https://www.jstor.org/stable/2224486|journal=The Economic Journal|volume=43|issue=170|pages=321–322|doi=10.2307/2224486|jstor=2224486|issn=0013-0133}}</ref>
* The elements of economics mathematically interpreted, (First Edition: 1932)
* Gandhian Thought <ref>{{cite web |title=ISBN 9780836413885 - Gandhian Thought |url=https://isbnsearch.org/isbn/9780836413885 |website=isbnsearch.org}}</ref>
*''Gandhian Thought''<ref name="isbnsearch.org"/>
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==See Also==
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[[Makrana Marble]]


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== See also ==
[[University of Allahabad]]
* [[University of Allahabad]]

[[List of University of Allahabad alumni]]
* [[List of University of Allahabad alumni]]
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* [[Makrana Marble]]


==References==
==References==
{{Reflist}}
{{Reflist}}

{{Authority control}}


[[Category:Economics journal editors]]
[[Category:Economics journal editors]]

Latest revision as of 15:37, 5 September 2024

J. K. Mehta
Born
Jamshed Kaikhusroo Mehta[1]

(1901-12-14)14 December 1901
Rajnandgaon, Chhattisgarh, India
Died9 August 1980(1980-08-09) (aged 78)[1]
Allahabad
OccupationEconomist[2]
Academic career
School or
tradition		Gandhian economics
Alma materUniversity of Allahabad (PhD)
Influences

Jamshed Kaikhusroo Mehta, known professionally as J. K. Mehta (14 December 1901 – 9 August 1980) was an Indian philosopher and economist.[3]

Life and ideas

[edit]

J. K. Mehta was born to K. M. Mehta in Rajnandgaon in 1901. He completed his graduation from Moir Central College and attended University of Allahabad for post-graduation studies.

In 1968, he became the president of Indian Economic Association.[4] He also served as Head of Department of Economics in Allahabad University and Much inspired by Herbert Stanley Jevons.[4]

Mehta is known for his idea of wantlessness, presenting in 1931 the theory of marginal revenue.[5] He was much inspired by Mahatma Gandhi and spread his theory of economics.[6][7]

Main works

[edit]
  • Economics of Growth (1st ed., 1964)[8]
  • "A Philosophical Interpretation of Economics"[9]
  • Rhyme, Rhythm and Truth in Economics[10]
  • The Elements of Economics Mathematically Interpreted, (1st ed., 1932)[11]
  • Gandhian Thought[6]

See also

[edit]

References

[edit]
  1. ^ a b "Remembering J.K.Mehta on his 34th Death Anniversary". Active India.
  2. ^ "The Indian Journal of Economics - University of Allahabad". www.indianjournalofeconomics.com.
  3. ^ Mehta, J. K.; Jain, Prakash Chandra; Chaturvedi, D. N., eds. (1976). Essays in contemporary economics: in honour of professor J. K. Mehta. New Delhi: Vikas Pub. House. ISBN 978-0-7069-0409-3.
  4. ^ a b "University of Allahabad". www.allduniv.ac.in. Retrieved 11 November 2021.
  5. ^ Chaubey, P. K. (January 2003). "Wants, JK Mehta and Wantlessness". Indian Journal of Economics.
  6. ^ a b "ISBN 9780836413885 - Gandhian Thought". isbnsearch.org.
  7. ^ Economic ideas
  8. ^ Mehta, J. K (1964). Economics of growth. Asia Pub. House. OCLC 13799094.
  9. ^ Macfie, A. L. (1963). "Review of A Philosophical Interpretation of Economics". The Economic Journal. 73 (289): 106–108. doi:10.2307/2228409. JSTOR 2228409.
  10. ^ Mehta, J. K (1967). Rhyme, rhythm and truth in economics. Asia Pub. House. OCLC 473963.
  11. ^ Reynard, H. (1933). "Review of The Elements of Economics". The Economic Journal. 43 (170): 321–322. doi:10.2307/2224486. ISSN 0013-0133. JSTOR 2224486.
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