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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

Goodwill Machine

Once there was a star of the screen, Sent to Rio as a goodwill machine. ‘With my foot on the…

The Truth Behind The Hrithik-Kangana Spat

I don’t follow celebrity gossip, but the ongoing spat between Hrithik Roshan and Kangana Ranaut intrigued me, partly because it…

Hello, My Name Is Sri Sri

Hello, my name is Sri Sri I’ve heard you guys are beastly Don’t cut the call In fact, cut nothing…

Lament For Another World

Mike Klein of Chess.com, reporting on the US Chess Championships, went around asking the participants about Prince. When I spoke…

National Highway 420 (and the EV of Aggressive Batting)

Before this IPL started, a friend of mine, who shall go unnamed, called me up. Friend: Amit, you have such…

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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