Is There a Need for the State to Play an Important Role in the Economy?

The conflict between the government and the central bank seems like an arcane one that only wonks care about -- but it affects the lives of all of us. Viral Acharya joins Amit Varma in episode 193 of The Seen and the Unseen to explain why we should all join him in the battle against Fiscal Dominance.  Also check out: 1. Quest for Restoring Financial Stability in India -- Viral Acharya. 2. Viral Acharya at NYU Stern. 2. Guaranteed to Fail -- Viral Acharya et al. 3. Indian Banks: A Time to Reform? -- Viral Acharya and Raghuram Rajan. 4. On the Importance of Independent Regulatory Institutions –The Case of the Central Bank -- Viral Acharya's AD Shroff Memorial lecture 2018. 5. Yaadon Ke Silsile -- Viral Acharya. 6. Viral Acharya interviewed by Ira Dugal, Mitali Mukherjee, Vivek Kaul and Anantha Narayan. 7. Lakshya Ko har Haal Mein Paana Hai. 8. Rahul Dravid at Headingley, Adelaide and Rawalpindi. 9. What Really Happened? -- Lawrence H White on the 2008 Financial Crisis. 10. Zombie Firms and Creative Destruction -- Episode 118 of The Seen and the Unseen (w Ajay Shah). And do check out Amit's online course, The Art of Clear Writing.