Rule of Law and Enforcement of Contracts in the Arthaśāstra

This conversation seeks to primarily foreground insights presented by author and economist Sriram Balasubramanian in the chapter Rule of Law and Enforcements of Contracts of his book Kautilyanomics for Modern Times published in 2022 by Bloomsbury. This book, according to its author, seeks to do three things: first, to provide a structure and a context for Kautilya’s economic thoughts; second, to examine his work’s relevance today, and third to do it in a way that a lay reader can follow and grasp easily. This talk will focus on Kautilya’s philosophy behind rule of law and enforcement of contracts, some of the key trends in enforcement of contracts in the current scenario and how Kautilya’s ideas are relevant to these trends.