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Ep 237: The Importance of the 1991 Reforms

Ep 237: The Importance of the 1991 Reforms

FromThe Seen and the Unseen - hosted by Amit Varma


Ep 237: The Importance of the 1991 Reforms

FromThe Seen and the Unseen - hosted by Amit Varma

ratings:
Length:
221 minutes
Released:
Aug 9, 2021
Format:
Podcast episode

Description

The liberalisation of 1991 lifted more than a quarter of a billion people in India out of poverty. And yet, we often don't recognise their importance, and have gone backwards in the last decade. Shruti Rajagopalan and Ajay Shah join Amit Varma in episode 237 of The Seen and the Unseen to discuss what life was like before 1991, where we had gone wrong, what we put right and what remains to be done. Also check out: 1. The 1991 Project. 2. The quest for economic freedom in India -- Shruti Rajagopalan. 3. Ideas and Origins of the Planning Commission in India -- Shruti Rajagopalan. 4. The Art and Science of Economic Policy -- Episode 154 of The Seen and the Unseen (w Vijay Kelkar and Ajay Shah). 5. The Economics and Politics of Vaccines -- Episode 223 of The Seen and the Unseen (w Ajay Shah). 6. The Tragedy of Our Farm Bills -- Episode 211 of The Seen and the Unseen (w Ajay Shah). 7. Other episodes of The Seen and the Unseen with Ajay Shah: 1, 2, 3. 8. In Service of the Republic — Vijay Kelkar & Ajay Shah 9. Episode of The Seen and the Unseen w Shruti Rajagopalan, in reverse chronological order: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16. 10. Population Is Not a Problem, but Our Greatest Strength -- Amit Varma. 11. Raghu Sanjaylal Jaitley’s Father’s Scooter -- Episode 214 of The Seen and the Unseen (w Raghu Sanjaylal Jaitley). 12. Anticipating the Unintended — Pranay Kotasthane and Raghu Sanjaylal Jaitley’s newsletter. 13. The Dark Side of the Moon -- Pink Floyd. 14. Wish You Were Here -- Pink Floyd. 15. Free to Choose -- Milton Friedman and Rose Friedman. 16. The Road to Serfdom -- Friedrich Hayek. 17. The Fatal Conceit --  Friedrich Hayek. 18. The Clash of Economic Ideas -- Lawrence H White. 19. Pandit's Mind -- The 1951 Time magazine cover story on Jawaharlal Nehru. 20. Lessons from an Ankhon Dekhi Prime Minister -- Amit Varma. 21. An Autobiography -- Jawaharlal Nehru. 22. The Discovery of India -- Jawaharlal Nehru. 23. The First Assault on Our Constitution -- Episode 194 of The Seen and the Unseen (w Tripurdaman Singh). 24. Profit = Philanthropy -- Amit Varma. 25. India Unbound -- Gurcharan Das. 26. India Transformed: 25 Years of Economic Reforms -- Edited by Rakesh Mohan. 27. Fixing Indian Education -- Episode 185 of The Seen and the Unseen (w Karthik Muralidharan). 28. Understanding Indian Healthcare -- Episode 225 of The Seen and the Unseen (w Karthik Muralidharan).  29. Modi's Lost Opportunity -- Episode 119 of The Seen and the Unseen (w Salman Soz). 30. Bootleggers and Baptists-The Education of a Regulatory Economist — Bruce Yandle. 31. Pigs Don’t Fly: The Economic Way of Thinking about Politics — Russell Roberts. 32. Raees: An Empty Shell of a Gangster Film — Amit Varma. 33. The White Man's Burden -- William Easterly. 34. The Tyranny of Experts -- William Easterly. 35. Planners vs. Searchers in Foreign Aid -- William Easterly. 36. We, the People -- Nani Palikhiwala. 37. India’s Agriculture Crisis — Episode 140 of The Seen and the Unseen (w Barun Mitra & Kumar Anand). 38. DeMon, Morality and the Predatory Indian State -- Episode 85 of The Seen and the Unseen (w Shruti Rajagopalan). 39. Most of Amit Varma’s writing on DeMon, collected in one Twitter thread. 40. Narendra Modi Takes a Great Leap Backwards — Amit Varma 41. Beware of the Useful Idiots -- Amit Varma. 42. Restaurant Regulations in India -- Episode 18 of The Seen and the Unseen (w Madhu Menon). 43. India’s Problem is Poverty, Not Inequality -- Amit Varma. 44. On Inequality -- Harry Frankfurt. 45. Breaking the Caste Barrier: Intergenerational Mobility in India -- Viktoria Hnatkovska, Amartya Lahiri and Sourabh B Paul. 46. Intergenerational Mobility in India: New Methods and Estimates Across Time, Space, and Communities -- Sam Asher, Paul Novosad and Charlie Rafkin. 47. Defying the Odds: The Rise of Dalit Entrepreneurs -- Devesh Kapur, D Shyam Babu and Chandra Bhan Prasad. 48. Taking Stock of Our Economy -- Episode 227 of The Seen and the Unseen (w Ila
Released:
Aug 9, 2021
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.