Implications of Walrasian General Equilibrium in Isopanishad: An Axiological Exploration

The contribution of Vedic Philosophy towards global thought is well-known and not limited to the arena of philosophy. Its contribution to the economic theories and concepts is not less than any other source. This paper explores a semantic and axiological analysis of the idea Walrasian general equilibrium and its implications lying latent in the Vedic hymns which many considered it to be a source of philosophical knowlege. The novelty of this paper is that it axiologically explores the exactness and synonymy of meaning of Walrasian general equilibrium model with that of the Vedic hymns which is much ancient than the Greek Philosophy.