Ep 410: Shruti Rajagopalan Remembers the Angle of the Light
The Seen and the Unseen - hosted by Amit Varma
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The Language of Prices
This chapter explores how prices serve as a crucial form of communication within society, emphasizing the significance of localized knowledge and decentralized decision-making. Through various perspectives, including the theories of Hayek and Smith, it highlights the complexity of economic systems and the personal nature of understanding market dynamics.
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She's an economist, an institution-builder, an ecosystem-nurturer and one of our finest thinkers. Shruti Rajagopalan joins Amit Varma in episode 410 of The Seen and the Unseen to talk about her life & times -- and her remarkable work. (FOR FULL LINKED SHOW NOTES, GO TO SEENUNSEEN.IN.) Also check out: 1. Shruti Rajagopalan on Twitter, Substack, Instagram, her podcast, Ideas of India and her own website. 2. Emergent Ventures India. 3. The 1991 Project. 4. Life Lessons That Are Priceless -- Episodes 400 of The Seen and the Unseen. 5. Other episodes of The Seen and the Unseen w Shruti Rajagopalan, in reverse chronological order: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18. 6. The Day Ryan Started Masturbating -- Amit Varma's newsletter post explaining Shruti Rajagopalan's swimming pool analogy for social science research. 7. A Deep Dive Into Education -- Episode 54 of Everything is Everything. 8. Fixing Indian Education — Episode 185 of The Seen and the Unseen (w Karthik Muralidharan). 9. Population Is Not a Problem, but Our Greatest Strength -- Amit Varma. 10. Our Population Is Our Greatest Asset -- Episode 20 of Everything is Everything. 11. Where Has All the Education Gone? -- Lant Pritchett. 12. Lant Pritchett Is on Team Prosperity — Episode 379 of The Seen and the Unseen. 13. The Theory of Moral Sentiments — Adam Smith. 14. The Wealth of Nations — Adam Smith. 15. Commanding Heights -- Daniel Yergin. 16. Capitalism and Freedom -- Milton Friedman. 17. Free to Choose -- Milton Friedman and Rose Friedman. 18. Economics in One Lesson -- Henry Hazlitt. 19. The Road to Serfdom -- Friedrich Hayek. 20. Four Papers That Changed the World -- Episode 41 of Everything is Everything. 21. The Use of Knowledge in Society -- Friedrich Hayek. 22. Individualism and Economic Order -- Friedrich Hayek. 23. Understanding the State -- Episode 25 of Everything is Everything. 24. Richard E Wagner at Mercatus and Amazon. 25. Larry White and the First Principles of Money -- Episode 397 of The Seen and the Unseen. 26. Fixing the Knowledge Society -- Episode 24 of Everything is Everything. 27. Marginal Revolution. 28. Paul Graham's essays. 29. Commands and controls: Planning for indian industrial development, 1951–1990 -- Rakesh Mohan and Vandana Aggarwal. 30. The Reformers -- Episode 28 of Everything is Everything. 31. India: Planning for Industrialization -- Jagdish Bhagwati and Padma Desai. 32. Open Borders: The Science and Ethics of Immigration -- Bryan Caplan and Zach Weinersmith. 33. Cows on India Uncut. 34. Abdul Karim Khan on Spotify and YouTube. 35. The Surface Area of Serendipity -- Episode 39 of Everything is Everything. 36. Objects From Our Past -- Episode 77 of Everything is Everything. 37. Sriya Iyer on the Economics of Religion -- The Ideas of India Podcast. 38. Episodes of The Seen and the Unseen with Ramachandra Guha: 1, 2, 3, 4, 5, 6. 39. Episodes of The Seen and the Unseen with Pratap Bhanu Mehta: 1, 2. 40. Rohit Lamba Reimagines India’s Economic Policy Emphasis -- The Ideas of India Podcast. 41. Rohit Lamba Will Never Be Bezubaan — Episode 378 of The Seen and the Unseen. 42. The Constitutional Law and Philosophy blog. 43. Cost and Choice -- James Buchanan. 44. Philip Wicksteed. 45. Pratap Bhanu Mehta on The Theory of Moral Sentiments -- The Ideas of India Podcast. 46. Conversation and Society — Episode 182 of The Seen and the Unseen (w Russ Roberts). 47. The Common Sense of Political Economy -- Philip Wicksteed. 48. Narendra Shenoy and Mr Narendra Shenoy — Episode 250 of The Seen and the Unseen. 49. Sudhir Sarnobat Works to Understand the World — Episode 350 of The Seen and the Unseen. 50. Manmohan Singh: India's Finest Talent Scout -- Shruti Rajagopalan. 51. The Importance of the 1991 Reforms — Episode 237 of The Seen and the Unseen (w Shruti Rajagopalan and Ajay Shah). 52. The Life and Times of Montek Singh Ahluwalia — Episode 285 of The Seen and the Unseen. 53. The Forgotten Greatness of PV Narasimha Rao — Episode 283 of The Seen and the Unseen (w Vinay Sitapati). 54. India’s Massive Pensions Crisis — Episode 347 of The Seen and the Unseen (w Ajay Shah & Renuka Sane). 55. The Life and Times of KP Krishnan — Episode 355 of The Seen and the Unseen. 56. Breaking Through — Isher Judge Ahluwalia. 57. Breaking Out — Padma Desai. 58. Perestroika in Perspective -- Padma Desai. 59. Shephali Bhatt Is Searching for the Incredible — Episode 391 of The Seen and the Unseen. 60. Pics from the Seen-Unseen party. 61. Pramod Varma on India’s Digital Empowerment -- Episode 50 of Brave New World. 59. Niranjan Rajadhyaksha Is the Impartial Spectator — Episode 388 of The Seen and the Unseen. 60. Our Parliament and Our Democracy — Episode 253 of The Seen and the Unseen (w MR Madhavan). 61. Episodes of The Seen and the Unseen with Pranay Kotasthane: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13. 62. The Overton Window. 63. When Ideas Have Sex -- Matt Ridley. 64. The Three Languages of Politics — Arnold Kling. 65. Arnold Kling and the Four Languages of Politics -- Episode 394 of The Seen and the Unseen. 66. The Double ‘Thank You’ Moment — John Stossel. 67. Economic growth is enough and only economic growth is enough — Lant Pritchett with Addison Lewis. 68. What is Libertarianism? — Episode 117 of The Seen and the Unseen (w David Boaz). 69. What Does It Mean to Be Libertarian? — Episode 64 of The Seen and the Unseen. 70. The Libertarian Mind: A Manifesto for Freedom -- David Boaz. 71. Publish and Perish — Agnes Callard. 72. Classical Liberal Institute. 73. Shruti Rajagopalan’s YouTube talk on constitutional amendments. 74. What I, as a development economist, have been actively “for” -- Lant Pritchett. 75. Can Economics Become More Reflexive? — Vijayendra Rao. 76. Premature Imitation and India’s Flailing State — Shruti Rajagopalan & Alexander Tabarrok. 77. Elite Imitation in Public Policy — Episode 180 of The Seen and the Unseen (w Shruti Rajagopalan and Alex Tabarrok). 78. Invisible Infrastructure -- Episode 82 of Everything is Everything. 79. The Sundara Kanda. 80. Devdutt Pattanaik and the Stories That Shape Us -- Episode 404 of The Seen and the Unseen. 81. Y Combinator. 82. Space Fields. 83. Apoorwa Masuk, Onkar Singh Batra, Naman Pushp, Angad Daryani, Deepak VS and Srijon Sarkar. 84. Deepak VS and the Man Behind His Face — Episode 373 of The Seen and the Unseen. 85. You've Got To Hide Your Love Away -- The Beatles. 86. Caste, Capitalism and Chandra Bhan Prasad — Episode 296 of The Seen and the Unseen. 87. Data For India -- Rukmini S's startup. 88. Whole Numbers And Half Truths — Rukmini S. 89. The Moving Curve — Rukmini S’s Covid podcast, also on all podcast apps. 90. The Importance of Data Journalism — Episode 196 of The Seen and the Unseen (w Rukmini S). 91. Rukmini Sees India’s Multitudes — Episode 261 of The Seen and the Unseen (w Rukmini S). 92. Prosperiti. 93. This Be The Verse — Philip Larkin. 94. The Dilemma of an Indian Liberal -- Gurcharan Das. 95. Zakir: 1951-2024 -- Shruti Rajagopalan. 96. Dazzling Blue -- Paul Simon, featuring Karaikudi R Mani. 97. John Coltrane, Shakti, Zakir Hussain, Ali Akbar Khan, Pannalal Ghosh, Nikhil Banerjee, Vilayat Khan, Bismillah Khan, Ravi Shankar, Bhimsen Joshi, Bade Ghulam Ali Khan, Nusrat Fateh Ali Khan, Esperanza Spalding, MS Subbulakshmi, Lalgudi Jayaraman, TN Krishnan, Sanjay Subrahmanyan, Ranjani-Gayatri and TM Krishna on Spotify. 98. James Buchanan, Gordon Tullock, Israel Kirzner, Mario Rizzo, Vernon Smith, Thomas Schelling and Ronald Coase. 99. The Calculus of Consent -- James Buchanan and Gordon Tullock. 100. Tim Harford and Martin Wolf. 101. The Shawshank Redemption -- Frank Darabont. 102. The Marriage of Figaro in The Shawshank Redemption. 103. An Equal Music -- Vikram Seth. 104. Beethoven: Symphony No. 7 - Zubin Mehta and the Belgrade Philharmonic. 105. Pyotr Ilyich Tchaikovsky's violin concertos. 106. Animal Farm -- George Orwell. 107. Down and Out in Paris and London -- George Orwell. 108. Gulliver's Travels -- Jonathan Swift. 109. Alice in Wonderland and Through the Looking Glass -- Lewis Carroll. 110. One Day in the Life of Ivan Denisovich -- Aleksandr Solzhenitsyn. 111. The Gulag Archipelago -- Aleksandr Solzhenitsyn. 112. Khosla Ka Ghosla -- Dibakar Banerjee. 113. Mr India -- Shekhar Kapur. 114. Chalti Ka Naam Gaadi -- Satyen Bose. 114. Finding Nemo -- Andrew Stanton. 115. Tom and Jerry and Bugs Bunny. 116. Michael Madana Kama Rajan -- Singeetam Srinivasa Rao. 117. The Music Box, with Laurel and Hardy. 118. The Disciple -- Chaitanya Tamhane. 119. Court -- Chaitanya Tamhane. 120. Dwarkesh Patel on YouTube. Amit Varma and Ajay Shah have launched a new course called Life Lessons, which aims to be a launchpad towards learning essential life skills all of you need. For more details, and to sign up, click here. Amit and Ajay also bring out a weekly YouTube show, Everything is Everything. Have you watched it yet? You must! And have you read Amit’s newsletter? Subscribe right away to The India Uncut Newsletter! It’s free! Also check out Amit’s online course, The Art of Clear Writing. Episode art: ‘Learn' by Simahina.
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