Here is a very interesting article which recounts the forgotten Indian economist S V Doraiswami and his important work in monetary theory. Doraiswami's principles are well formulated and strongly refuted the Lord Keynes theories in monetary theories.
B R Ambedkar also took the note of Doraiswami's contribution to Indian finance and banking.
My friend says "... the entire literature produced by the Keynesian economists is not worth a page of wisdom in Doraiswami’s book."
Of course, I read this very interesting book on Indian Finance, Currency and Banking by S V Doraiswami. This one was published in 1914 and 1915.
I strongly recommend the reading of full article which is here.
B R Ambedkar also took the note of Doraiswami's contribution to Indian finance and banking.
My friend says "... the entire literature produced by the Keynesian economists is not worth a page of wisdom in Doraiswami’s book."
Of course, I read this very interesting book on Indian Finance, Currency and Banking by S V Doraiswami. This one was published in 1914 and 1915.
I strongly recommend the reading of full article which is here.
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