Ep 9: Do We Need Billionaires?

1 rich Libsyn https://www.libsyn.com 90 600 Ep 9: Do We Need Billionaires? In a world full of pain and suffering, some say that it is perverse that billionaires exist. Do we need&nbsp;them? Yes, we do, argue Amit Varma and Vivek Kaul in episode&nbsp;9 of Econ Central. Listen in for the argument, and the caveat, because hey, there's always a caveat. Also discussed: why the Congress Party's actions are the opposite of their words, and how we should think about economic reform. &nbsp; Also check out: 1.&nbsp;A Meditation on Form&nbsp;-- Amit Varma. 2.&nbsp;AoC's tweet, and the responses by&nbsp;Paul Graham&nbsp;and&nbsp;Geoffrey Miller. 3.&nbsp;Paul Graham's essays. 4.&nbsp;Green Shoots in the Desert Sand&nbsp;-- Episode 2 of Econ Central, which discusses the Zero-Sum Fallacy. 5.&nbsp;John D. Rockefeller and the Oil Industry&nbsp;-- Burton Folsom. 6.&nbsp;Trickle-Up, Not Trickle-Down&nbsp;-- Swaminathan S Anklesaria Aiyar. 7.&nbsp;Profit = Philanthropy&nbsp;-- Amit Varma. 8.&nbsp;The Working Rich Improve Our Lives&nbsp;-- John Stossel. 9.&nbsp;Bernie Sanders wants to tax Bezos, Musk, Zuckerberg's 'outrageous pandemic wealth accumulation'&nbsp;--&nbsp;&nbsp;Caitlin McFall. 10.&nbsp;Government's End: Why Washington Stopped Working&nbsp;-- Jonathan Rauch. 11.&nbsp;Out-Arnabing Arnab&nbsp;-- Episode 8 of Econ Central. 12.&nbsp;The 10 Rules of Successful Nations&nbsp;-- Ruchir Sharma. 13.&nbsp;The Age of Stagnation&nbsp;-- Satyajit Das. 14.&nbsp;Vivek Kaul's controversial Twitter thread&nbsp;on interest rates. 15.&nbsp;Ajit Gulabchand Needs a Lesson in Economics&nbsp;-- Vivek Kaul. 16.&nbsp;The Death of Stock Markets&nbsp;-- Vivek Kaul. 17.&nbsp;The repo rate cut cycles help PSBs shore up capital&nbsp;-- Vivek Kaul. 18.&nbsp;India Today's&nbsp;Mood of the Nation poll. 19.&nbsp;The video clip&nbsp;of the Congress shooting the messenger. 20.&nbsp;Amit Varma's pieces and episodes&nbsp;on DeMon. 21.&nbsp;A Game Theory Problem: Who Will Bell The Congress Cat?&nbsp;-- Amit Varma. 22.&nbsp;The Hype Around the Stock Market&nbsp;-- Episode 6 of Econ Central (explaining the Congress's game theory problem). 23.&nbsp;Priyanka Gandhi extends party support for Ram Mandir&nbsp;-- ET Bureau. 24.&nbsp;Ram temple is coming up with consent of all: Kamal Nath&nbsp;-- PTI. 25.&nbsp;Kamal Nath's Ayodhya Act: 11 Silver Bricks, And 'Hanuman Chalisa'&nbsp;-- Anurag Dwary. 26.&nbsp;In Service of the Republic&nbsp;-- Vijay Kelkar and Ajay Shah. 27.&nbsp;Libertarianism by Necessity&nbsp;-- Episode 1 of Ideas of India, Shruti Rajagopalan's podcast. 28.&nbsp;The Art and Science of Economic Policy&nbsp;-- Episode 154 of The Seen and the Unseen (w Vijay Kelkar and Ajay Shah).&nbsp; 29.&nbsp;In the Wonderland of Investment&nbsp;-- AN Shanbhag and Sandeep Shanbhag. 30.&nbsp;Fixing Indian Education&nbsp;-- Episode 185 of The Seen and the Unseen (w Karthik Muralidharan). 31.&nbsp;Every Act of Government is an Act of Violence&nbsp;-- Amit Varma. Do subscribe to&nbsp;The India Uncut Newsletter, Amit’s new project, and check out his writing course,&nbsp;The Art of Clear Writing. And have a look at&nbsp;Vivek’s books, especially&nbsp;Bad Money. Econ Central http://econcentral.in <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/15596450/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/80848217