In a world full of pain and suffering, some say that it is perverse that billionaires exist. Do we need them? Yes, we do, argue Amit Varma and Vivek Kaul in episode 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.

 

Also check out:
1. A Meditation on Form -- Amit Varma.
2. AoC's tweet, and the responses by Paul Graham and Geoffrey Miller.
3. Paul Graham's essays.
4. Green Shoots in the Desert Sand -- Episode 2 of Econ Central, which discusses the Zero-Sum Fallacy.
5. John D. Rockefeller and the Oil Industry -- Burton Folsom.
6. Trickle-Up, Not Trickle-Down -- Swaminathan S Anklesaria Aiyar.
7. Profit = Philanthropy -- Amit Varma.
8. The Working Rich Improve Our Lives -- John Stossel.
9. Bernie Sanders wants to tax Bezos, Musk, Zuckerberg's 'outrageous pandemic wealth accumulation' --  Caitlin McFall.
10. Government's End: Why Washington Stopped Working -- Jonathan Rauch.
11. Out-Arnabing Arnab -- Episode 8 of Econ Central.
12. The 10 Rules of Successful Nations -- Ruchir Sharma.
13. The Age of Stagnation -- Satyajit Das.
14. Vivek Kaul's controversial Twitter thread on interest rates.
15. Ajit Gulabchand Needs a Lesson in Economics -- Vivek Kaul.
16. The Death of Stock Markets -- Vivek Kaul.
17. The repo rate cut cycles help PSBs shore up capital -- Vivek Kaul.
18. India Today's Mood of the Nation poll.
19. The video clip of the Congress shooting the messenger.
20. Amit Varma's pieces and episodes on DeMon.
21. <a href= "https://www.bloombergquint.com/opinion/a-game-theory-problem-who-will-bell-the-congress-cat" target="_blank" rel="noopener" data-saferedirecturl= "https://www.google.com/url?q=https://www.bloombergquint.com/opinion/a-game-theory-problem-who-will-bell-the-congress-cat&source=gmail&ust=1597380354669000&usg=AFQjCNGS3ZaRBLwmzUYawmjpbMQ6NJ1