The Conjuror’s Trick: An Interpretative History Of Paper Money In India

When banks issued notes that circulated as money, they conjured money out of thin air, introducing the unique alchemy in money’s transition from the concrete to the abstract. Straddling perspectives of finance, history, public policy and art, this book explores the diversity, purpose and legacy of paper money, as it evolved in India from the late 18th century to the present.