Professor Bellikoth Ragunath Shenoy Ph.D (1905–1978) was a classical liberal economist. Born on June 3, 1905 near Mangalore, Karnataka, Bellikoth Ragunath Shenoy was educated at Benares Hindu University (where he secured a first class first at the MA Economics Exam in 1929) and later at the London School of Economics (LSE). As a student he actively participated in the freedom struggle and was jailed at Nagpur where he came under the close contact and immense influence of Pandit Madan Mohan Malaviya. At LSE he was inspired by the ideas of Professor Friedrich Hayek who later won the Nobel Prize in Economics. During this period two of his papers, "An Equation for the Price Level of New Investment Goods" (1931) and "Interdependence of Price Levels" (1933) appeared in Quarterly Journal of Economics which established him as an upcoming monetary economist. He was the first Indian economist to have a paper published in a leading scholarly journal.

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Collected Works