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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

There Is Nothing As Unpatriotic In A Free Country As Coercion

This is a guest column published today in the Sunday Times of India edit page. Last Tuesday, I went to…

Demonetisation Tales

This is the 23rd installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

The Rise and Fall of Emperor Modi

This is the 33rd installment of Lighthouse, my monthly column for BLink, a supplement of the Hindu Business Line. November…

The Humanitarian Cost Trumps Any Economic Argument

Every time a poor person dies, India's GDP per capita goes up. #Modinomics— Amit Varma (@amitvarma) November 23, 2016 So…

Narendra Modi takes a Great Leap Backwards

This is a guest column published today in the Sunday Times of India edit page. In 1958, Chairman Mao ordered…

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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