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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

Procrastination (and Kumble vs Kohli)

This is the 39th installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

Saffron is the New Red

This essay, which I co-wrote with Barun Mitra, was published in Pragati, the online magazine I edit, on June 21.…

Politics = Bribery

This essay, which I co-wrote with Kumar Anand, was published in Pragati, the online magazine I edit, on June 13.…

Wonder Woman, the God of War and Public Choice Economics

This essay, which I co-wrote with Kumar Anand, was published in Pragati, the online magazine I edit, on June 8.…

Legalise Prostitution to Fight Trafficking

This essay, which I co-wrote with Manasa Venkataraman, was published in Pragati, the online magazine I edit, on May 24.…

29 October, 2015

Uber Regulation

Abhinav Singh has a good post up about how the Government of Maharashtra is proposing to regulate Uber. As you’d expect, there are vested interests behind this: the existing taxi industry, which feels threatened by the new operators, as indeed they should, because the new operators are proving more value to consumers. So they go to the government.

As I’d written here, all interventions in the free market amount to a redistribution of wealth from the poor to the rich. Any regulations here will end up as exactly that. The value that consumers would have gained from the unhindered operation of Uber and Ola will be redistributed away to the older taxi operators. You really don’t need to ask what’s in this for the government, do you?

If this makes you angry, do go sign Uber’s petition. I’m usually skeptical of online petitions and candlelight vigils and so on, but this is a petition directly from one of the affected parties, and there is a non-zero probability that it will make a difference.

*

An earlier piece on Uber: The Price is Right.

Posted by Amit Varma in Economics | Freedom | India | News | Politics

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