The Seen and the Unseen - hosted by Amit Varma cover image

Ep 237: The Importance of the 1991 Reforms

The Seen and the Unseen - hosted by Amit Varma

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Capital Controls - What Are the Limits of Freedom?

In the constitution of india, it is said that freedom is the default, and state coercion to limit your behavior is the exception. The reformers "destroyed the capital controls at a deep legal level," he says. But they also removed the machinery of monitoring and reporting,. That is freedom. And you don't really see that in the environment of the 90 hunder topso i think that's a important insight into what got done and what dhidnt get done.

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