Social Scientist ADVISORY EDITORS Monthly Journal of the Ashok Mitra Indian School of Social Sciences AmalenduGuha VOLUME 15 OCTOBER Irfan Habib NUMBER 10 1986 Amiya Bagchi Kishore Theckedath CONTRIBUTING EDITORS Thomas Isaac (Trivandrum) Sanjaya Baru (Hyderabad) Atis Dasgupta (Calcutta) Javeed Alam (Shim la) V K Ramachandran (Madras) EDITORIAL BOARD Jacob Eapen Madhu Prasad MANAGING EDITOR Rajendra Prasad EDITOR Prabhat Patnaik EDITORIAL OFFICE 424, V P House, New Delhi-110 001 CIRCULATION AND ADVERTISEMENT B-l, Second Floor LSC, CONTENTS J Block Saket, New Delhi-110017 Editorial Note ; SUBSCRIPTION RATES* Political Implications of Economic Contradlc- INL4ND 1wninpunJah 3 years :Rs 150 ~ Javeed Alam 3 2 years : Rs 120 Shocks and Instabilities in an Agriculture* Annual : Rs 65 Constrained Economy : Ind a 1964-1985 (Students : Rs 50) -Abhijit Sen 27 Institutions and Libraries ./ • Rs 100 Share of Industrial Wages in Value'Added Single copy :Rs 6 ^ to 1980 *Rs 3 extra if by cheque -Tirthankar Roy 49 FOREIGN ' BOOK RE^EW {Annual in US dollars) 77^ Circle of Reason 'Air Mail : 50 > —P.K. Dulla 62 Articles and review express the views of the authors and not necessarily of the editors or of the Indian School of Social Sciences.