School of Economics | Support of Demonetisation

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10 Oct Richard Thaler, 2017 Economics Nobel Prize winner, supported demonetisation

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When India announced demonetisation last November, Nobel Prize winner Richard Thaler described it as a “policy I have long supported” but also remarked “damn” when it was brought to his notice that the government was introducing ₹2,000 currency notes. The Royal Swedish Academy of Sciences today...