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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

We Live in an Age of Bullshit

A slightly shorter version of this was published as the 14th installment of The Rationalist, my column for the Times…

Wave Goodbye

This is the 88th installment of Rhyme and Reason, my occasional set of limericks for the Sunday Times of India…

The Indian State Is the Greatest Enemy of the Indian Farmer

This is the 13th installment of The Rationalist, my column for the Times of India. The late farmer leader Sharad…

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This is the 87th installment of Rhyme and Reason, my occasional set of limericks for the Sunday Times of India…

One Bad Law Goes, but Women Remain Second-Class Citizens

This is the 12th installment of The Rationalist, my column for the Times of India. This has been a year…

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.

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An earlier piece on Uber: The Price is Right.

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

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