Is Modi’s move to scrap high-denomination notes more about politics than economics?

See here as well as below my piece on the Modi government’s move to scrap high-denomination currency notes in India: The Government of India’s decision to abolish high denomination notes of Rs 500 and Rs 1,000 has been given two primary rationales. The first is to address a problem of counterfeiting, suggested to emanate from across the … More Is Modi’s move to scrap high-denomination notes more about politics than economics?