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About Amit Varma

Amit Varma is a writer based in Mumbai. He worked in journalism for over a decade, and won the Bastiat Prize for Journalism in 2007. His bestselling novel, My Friend Sancho, was published in 2009. He is best known for his blog, India Uncut. His current project is a non-fiction book about the lack of personal and economic freedoms in post-Independence India.




Bastiat Prize 2007 Winner

Recent entries

The Hub of Crime

Mid Day has a headline today that says: ‘Andheri station is the hub of crime on Western Railway.’ If you…

Rising Divorce Rates are a Feature, Not a Bug

The Times of India has an intriguing headline up today: ‘Marriages last the longest in north India, Maharashtra; least in…

Tolstoy’s Chicken and the Expanding Circle

This is the 24th installment of Lighthouse, my monthly column for BLink, a supplement of the Hindu Business Line. I’m…

The Halo of the Last Candle

The Monday Poem: ADAGE by Billy Collins When it’s late at night and branches are banging against the windows, you…

The Mountain That Remains

06 May, 2009

The Freedom To Trade…

... is one of the most important freedoms there is. It is at the heart of human progress, for the only way we can improve the quality of our lives is by trading with others to mutual benefit. This is true at the individual level—and it is true when it comes to trade between nations. This is so apparent that it shouldn’t even need to be said—and yet, it is forever under threat.

Check out the wonderful video below about the perils of protectionism—it looks to the Great Depression, and shows how the Smoot-Hawley tariff, by severely constricting free trade, harmed economies across the world. It is relevant to America today, where protectionism is in danger of making a resurgence—and it’s relevant to India as well.

If you agree with the video, do sign the Freedom To Trade petition. And here’s the Facebook group.

Posted by Amit Varma in Economics | Freedom

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