Developing country inflation is in the headlines again. Mainstream macroeconomics typically ignores the role of conflict while non-mainstream work tends to ignore macroeconomic constraints. This paper revisits the issue employing a dependent economy framework with eclectic characteristics....

The dominant discourse views the Indian economy's transformation over several decades as a progression towards a grand, unified, and dynamic market economy. Critiquing this discourse, 'The Nonfarm Economy' illustrates the prevalence and intensification of 'structural dualism'. Using both...