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Indian Constitutional Political Economy and the Bhopal Gas Tragedy with Shruti Rajagopalan

Indian Constitutional Political Economy and the Bhopal Gas Tragedy with Shruti Rajagopalan

FromEconomics Detective Radio


Indian Constitutional Political Economy and the Bhopal Gas Tragedy with Shruti Rajagopalan

FromEconomics Detective Radio

ratings:
Length:
57 minutes
Released:
Jan 5, 2018
Format:
Podcast episode

Description

My guest on this episode is Shruti Rajagopalan of the State University of New York's Purchase College. We discuss Shruti's work on constitutional political economy as it relates to India. We start by talking about the Indian constitution. India got its independence in 1947 and ratified a constitution shortly after in 1949. Interestingly, it is the most amended constitution in the world. Shruti argues "that the formal institutions of socialist planning were fundamentally incompatible with the constraints imposed by the Indian Constitution." We go on to discuss Shruti's work on the Bhopal gas tragedy, which demonstrates some of the failings of India's institutions. The Bhopal gas tragedy was a man-made disaster in 1984 where mishandling of dangerous chemicals by the company Union Carbide resulted in thousands of deaths and hundreds of thousands of non-fatal injuries among the public. The Indian government mismanaged the legal cases against Union Carbide, resulting in no payout to the people affected by the disaster.  
Released:
Jan 5, 2018
Format:
Podcast episode

Titles in the series (100)

Economics Detective Radio is a podcast about markets, ideas, institutions, and all things related to the field of economics. Episodes consist of long-form interviews, and are generally released on Fridays. Topics include economic theory, economic history, the history of thought, money, banking, finance, macroeconomics, public choice, Austrian economics, business cycles, health care, education, international trade, and anything else of interest to economists, students, and serious amateurs interested in the science of human action. For additional content and links related to each episode, visit economicsdetective.com.