Thursday, December 8, 2011

SV Doraiswami and his book "Indian Finance, Currency And Banking"

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.

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