The Palas

 Introduction After the death of Harsha and up to the rise of the Palas, the history of Bengal is not clear. During this time, West Bengal was known as Gauda and East Bengal as Vanga. Bengal was subject to internal disorder, which has been termed as Matsyanyaya. Rulers of Pala Dynasty Gopala was the elected king … Read more

Veblen Goods

The Paradox of Prestige: Exploring the World of Veblen Goods In the realm of economics, where supply and demand dictate the dance of prices, there exists a curious anomaly – a class of goods that defy conventional wisdom. These are the Veblen goods, named after the renowned economist Thorstein Veblen, who first observed their peculiar … Read more