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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

Good Night, Pappu

This is the second of two limericks in the 10th installment of Rhyme and Reason, my weekly set of limericks…

Mosquitoes As Big As A Bus

This is the first of two limericks in the 10th installment of Rhyme and Reason, my weekly set of limericks…

Two States

This is the 9th installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

The Impresario and the Intellectual

This is the 8th installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

That Gender Card Again

Swarajya plays the gender card on behalf of Smriti Irani: The jokes on Smriti being handed textiles ministry, misunderstanding it…

31 May, 2007

Why free trade rocks

John Stossel writes:

How many times have you paid $1 for a cup of coffee and after the clerk said, “thank you,” you responded, “thank you”? There’s a wealth of economics wisdom in the weird double thank-you moment. Why does it happen? Because you want the coffee more than the buck, and the store wants the buck more than the coffee. Both of you win.

Bang on. Read the full piece, it’s outstanding.

(Link via Cafe Hayek.)

Posted by Amit Varma in Economics

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