Ep 180: Elite Imitation in Public Policy
The Seen and the Unseen - hosted by Amit Varma
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The Worst Combination Is Overregulation, Right?
Bribes, the petty bribes, which is the oil which makes the system flow. If every business had to go through those forty two regulations, india would have far fewer jobs and businesses than they do to day. So hang got for an seeking in a because, well, thank god for good corruption that greases the wheels and helps us overcome the problem of lang regulation. It also state actors high moral ground when they want to put in more draconian regulations and stupid things like demonotization. But that's also because the regular person doesn't understand political economy the same way we do once we read economics text books.
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