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ratings:
Length:
18 minutes
Released:
Apr 17, 2017
Format:
Podcast episode

Description

Rent control is a classic example of a regulation meant to help the poor that ends up hurting everyone. Alex Tabarrok joins Amit Varma to discuss how real estate in Mumbai would be so much cheaper if not for such government regulation. Follow The Seen and The Unseen: Website: www.seenunseen.in Facebook: https://www.facebook.com/theseenandtheunseen/ This is an IVM Production. For more awesome podcasts, download the IVM Podcasts app on - Google Play: https://goo.gl/bI1toI iOS: https://goo.gl/9UhnGd or, find us on: Website: Indusvox.com Facebook: https://goo.gl/P130uw Twitter: https://goo.gl/7P7Uec Instagram: https://goo.gl/qH3PHm
Released:
Apr 17, 2017
Format:
Podcast episode

Titles in the series (100)

All public policies -- indeed, all actions by humans -- have two kinds of effects: the effects that are intended, and visible; and unintended consequences, which are invisible. The Seen and the Unseen is a podcast that aims to examine both the seen and the unseen effects of our actions. Presented by Amit Varma (a journalist for a decade-and-a-half, and winner of the prestigious Bastiat Prize for journalism in 2007 and 2015 -- the only person to win it twice), the show takes on a specific public policy in every episode, and dissects its seen and unseen effects. For example: the ban on surge pricing by Uber in Delhi. What is seen is that Uber no longer costs so much; what is unseen is that you cannot get an Uber at all, because of the scarcity that is a direct result of the price control. The host explains the economic reasoning at work, and talks to an expert who breaks it down further. The host will have a panel of experts at his disposal, from a variety of disciplines, and will speak to a relevant expert in every episode. Subjects covered will range from broad ones like the state of education in India, to narrower ones like the banning of 'victimless crimes' like prostitution and gambling.