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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

Two Dreams

This is the 53rd installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

The GST Rhymes

This is the 52nd installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

The Fall Guy (and the Stampede)

This is the 51st installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

A Few Thoughts on Limericks

The 50th installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India, appeared today.…

Mentally Deranged

This is the 50th installment of Rhyme and Reason, my weekly set of limericks for the Sunday Times of India…

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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