Intuitively, the link between literature and the economy is not expressly apparent. Following an analysis of the two disciplines, my assertion is that these two fields are inextricably connected. Literature serves as a reflection of the economic situation of a nation, and that it drives economic progression.
Historically, and presently, the two disciplines of Economic Thought and Literary Discourse have been directly intertwined, and proportionate. Evidence for this can be found in the writings of the Vedic peoples of Indo-Europe (circa 1500 BC), the ancient texts of the Judaic Civilization, and the documents from Greek history all of which serve as the foundation for what is now referred to as “Humanistic Economies” – a perspective that imbues elements of humanistic psychology, moral philosophy, political science, sociology and common sense into traditional economic thought.
It would not be an overstatement of the significance of literature to say that the basis of civilization, as we know it, is rooted in literature.
Speaking to the centrality of literature to the culture of a nation, one is reminded of the words of the American Author, Ray Bradbury, who famously said, “You don’t have to burn books to destroy a culture. Just get people to stop reading them.