The Arithmetic of Empire: How Britain Monetized India
·582 words·3 mins
An analysis of the specific fiscal and monetary mechanisms used to extract wealth from colonial India.
Global Finance
The Arithmetic of Empire – Part 6: The Famine Dividend: Extraction During Collapse
·713 words·4 mins
The brutal logic of maintaining grain exports and tax collections during the peak of catastrophic survival crises.
The Arithmetic of Empire – Part 5: The Golden Ransom: The Interwar Liquidation
·664 words·4 mins
An analysis of the 18d. exchange rate and the $212 billion gold drain during the Great Depression.
The Arithmetic of Empire – Part 4: The Debt Trap
·658 words·4 mins
The arithmetic of railway guarantees and the "Private Enterprise at Public Risk" model of colonial development.
The Arithmetic of Empire – Part 3: Deindustrialisation as Fiscal Policy
·649 words·4 mins
Modeling the impact of asymmetric tariffs and the systematic dismantling of Indian manufacturing output.
The Arithmetic of Empire – Part 2: The Token Coin: Seigniorage and the Manufactured Rupee
·792 words·4 mins
How the gold-exchange standard turned Indian coinage into a source of direct profit for the British Treasury.
The Arithmetic of Empire – Part 1: The Drain and the Ledger: Naoroji's Accusation in Numbers
·873 words·5 mins
Reconstructing the "Home Charges" system and the mathematical reality of unrequited wealth transfer.