Demonetisation & the Push to Digital Payments in India: Violation of Human Rights?: Currency exhibits characteristics of a common-pool good, i.e. rivalrous in consumption but non-excludable1 . However, as opposed to traditional common-pool resources like timber, coal and fish stocks; currency is a cultural artefact, which depends on the theories and trust that individuals place on it2 . Governance of common-pool resources are left to collectives that represent and act on behalf of the people towards the benefit of those people. Read More