
Everything is Everything
A weekly show hosted by Amit Varma and Ajay Shah, in which the hosts bring frames from across disciplines to examine our world.
Latest episodes

Dec 19, 2024 • 1h
Ep 77: Objects From Our Past
Many of the objects we grew up with have disappeared with time -- and overall, progress is a damn good thing. But many of these lost objects also represent a different way of doing things and of living life, and some of that would have been worth holding on to.
Welcome to Episode 77 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.
In this episode, Amit and Ajay share objects from their past -- and what they represented then and mean now.
TABLE OF CONTENTS:
00:00 Packaging
00:13 Intro: What's in the Bag?
06:33 Chapter 1: Mixtapes
12:01 Chapter 2: Letters by Hand
22:02 Chapter 3: Playboy
26:45 Chapter 4: Diary
31:06 Chapter 5: Old Books
33:52 Chapter 6: Address Book
39:20 Chapter 7: Filofax and Recipes
43:10 Chapter 8: Visiting Cards
45:09 Chapter 9: STD Booths
50:34 Chapter 10: Maps
53:10 Chapter 11: Landline Phones
57:37 Chapter 12: Cash
For magnificent, detailed, juicy show notes, click here.

112 snips
Dec 19, 2024 • 1h 17min
Ep 76: A History of Hinduism
Discover the intricate narratives of Hinduism, a rich cultural tapestry shaped by migration and historical interactions. Explore the evolution of beliefs through the Puranas and the open-source nature of epic tales like the Ramayana and Mahabharata. Delve into how colonial encounters and missionary narratives have influenced societal perceptions of Hindu identity. Learn about the impact of key reformers on modern political Hinduism and the emergence of Hindutva, highlighting the coexistence of traditional values and contemporary challenges.

Nov 29, 2024 • 57min
Ep 75: What Economics Can Learn
In a fascinating discussion, the hosts explore how economics can benefit from anthropology and sociology. They emphasize the need for interdisciplinary approaches to enrich understanding and foster cognitive empathy. Topics include the value of direct interactions with firms for real-world insights, and the dangers of rigid methodological boundaries. The episode advocates for embracing holistic perspectives and eclecticism in knowledge production. It's a compelling call to break down academic silos and engage deeply with the complexities of human experience.

Nov 22, 2024 • 48min
Ep 74: The Horrors of KYC
Which Indian hasn't experienced a KYC nightmare? And yet, we have normalised it. We should instead fight it. India's KYC is not just the worst such measure in the world, it is also an infringement on our rights.
Welcome to Episode 74 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.
TABLE OF CONTENTS:
00:00 Packaging
00:13 Intro: Kaagaz Dikhaao!
00:50 Chapter 1: The Curious Tale of Lal Bihari Mritak
04:55 Chapter 2: The Nightmare of KYC
09:26 Chapter 3: The Importance of Financial Privacy
21:24 Chapter 4: The History of KYC
34:02 Chapter 5: Why India Has the Worst KYC
38:58 Chapter 6: Why Aadhaar Didn’t Solve This
41:55 Chapter 7: Don’t Take Blindly From the USA
44:29 Chapter 8: Recommendations

Nov 16, 2024 • 1h 2min
Ep 73: Don't Punish Victimless Crimes
Should alcohol be banned? What about recreational drugs? Gambling? Hate speech?
You may disapprove of certain things, but if they do not infringe anyone's rights, then turning them into crimes tends to backfire. We should think hard about what we classify as crimes -- and also examine our own morality.
Welcome to Episode 73 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.
TABLE OF CONTENTS:
00:00 Packaging
00:13 Intro: How Do We Wow Them Today?
01:02 Chapter 1: What Are Victimless Crimes?
03:47 Chapter 2: Why We Should Not Punish Victimless Crimes
07:10 Chapter 3: Alcohol
14:19 Chapter 4: Drugs
20:32 Chapter 5: Gambling
25:03 Chapter 6: Prostitution
30:30 Chapter 7: Homosexuality
34:37 Chapter 8: Self-Harm
39:10 Chapter 9: Hate Speech
40:47 Chapter 10: The German Cannibal and our Moral Intuitions
47:36 Chapter 11: State Capability
58:31 Chapter 12: Recommendations
For magnificent, detailed, juicy show notes, click here.

Nov 14, 2024 • 59min
Ep 72: The Changing Forms of Creativity
Songs, albums, books, films are the way they for a reason -- and those reasons are outdated. The dominant forms of creative expression evolved because of constraints that no longer apply. We should free our minds and look beyond them!
Welcome to Episode 72 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.
TABLE OF CONTENTS:
00:00 Packaging
00:13 Intro: The Contemplative Atom
02:29 Chapter 1: Understand Form
05:57 Chapter 2: The Sound of Birds
09:51 Chapter 3: How Music Was Shaped By Form
26:26 Chapter 4: Form and Writing
37:48 Chapter 5: The Audio-Visual Medium
44:52 Chapter 6: A Golden Age For Creators
56:42 Chapter 7: Recommendations
For magnificent, detailed, juicy show notes, click here.

Nov 4, 2024 • 1h 57min
Ep 71: The journey of Indian finance
Finance is the lifeblood of every economy. India's financial system has taken decades to evolve to where it is today -- and we still have a long way to go. What has this journey been like? What can we learn?
Welcome to Episode 71 of Everything is Everything, a weekly podcast hosted by Amit Varma & Ajay Shah.
TABLE OF CONTENTS:
02:56 Chapter 1: Banking
39:33 Chapter 2: Equity Markets
51:33 Chapter 3: Other Financial Firms
57:31 Chapter 4: Currency Controls
1:07:58 Chapter 5: Bankruptcy
1:18:40 Chapter 6: Monetary Policy
1:22:52 Chapter 7: Household Finance
1:27:32 Chapter 8: Financial Surveillance
1:29:26 Chapter 9: Systemic Risk
1:41:40 Chapter 10: The Problems of State Power
1:46:43 Chapter 11: The Policy Process
1:48:21 Chapter 12: DPI
1:51:02 Chapter 13: Still Central Planning
1:55:13 Chapter 14: Recos
For magnificent, detailed, juicy show notes, click here.

25 snips
Oct 25, 2024 • 56min
Ep 70: How to Fix Competitive Exams
The discussion tackles the broken Indian competitive exam system, emphasizing the immense pressure it places on students and families. The hosts critique the meritocracy myth associated with exam scores and explore the disconnect between rote memorization and genuine learning. They propose a three-part solution, including a computerized testing approach and diverse assessments, while advocating for educational reform that prioritizes holistic development. The need for accessible learning and innovative methods in higher education is also a key focus.

27 snips
Oct 25, 2024 • 45min
Ep 69: The Seven Basic Plots
The hosts dive into the art of storytelling, revealing how just seven plots underpin countless narratives across cultures. They explore archetypes like 'Overcoming the Monster' and 'Rags to Riches,' using beloved films and classics to illustrate each theme. Discussion on the journey of transformation, both internal and external, showcases how comedies and epic tales evolve. The significance of rebirth is examined, emphasizing character growth. Ultimately, they argue for embracing the complexities of human nature in storytelling, avoiding simplistic moral portrayals.

Oct 14, 2024 • 1h 4min
Ep 68: Inflation Targeting Rocks!
Inflation is a tax on the poor. High and variable inflation can shatter the fine interplay of incentives and information within an economy. And, as Milton Friedman famously said, inflation is always and everywhere a monetary phenomenon.
The state is responsible -- and the central bank's one job should be to keep inflation in check.
Thankfully, we got that right with inflation targeting.
Welcome to Episode 68 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.
In this episode, Ajay talks about why inflation can be such a problem, and Inflation Targeting is an elegant way to keep it under control. Ajay was in the policy community in India that made it happen. Here's the inside story!
TABLE OF CONTENTS:
00:00 Packaging
00:13 Intro: Ajay Loves Bumper Stickers!
00:55 Chapter 1: A Basic Guide to Inflation
05:40 Chapter 2: What Do You Measure?
13:25 Chapter 3: Why Inflation Matters
30:02 Chapter 4: Introducing Inflation Targeting
36:45 Chapter 5: Inside the Boiler Room
42:05 Chapter 6: The India Story
1:01:23 Chapter 7: Recommendations
For magnificent, detailed, juicy show notes, click here.