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Remembering BR Ambedkar as a monetary economist

Sashi Sivramkrishna   •

Ambedkar argued that the gold exchange standard during colonial India was flawed. While it did restrict private citizens from minting silver to coins, it did not prevent the Indian government from doing so 

This year also happens to be the 100th year since the publication of one of Ambedkar’s most notable works in monetary economics, ‘The Problem of the Rupee: Its Origin and Its Solution’

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