Firms are awesome. They are the source of a country's prosperity. And so, some people make the blunder of assuming that you should run a country like a company.

This is a terrible mistake.

Welcome to Episode 60 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.

If you like watching Everything is Everything, please like, subscribe, share, comment. :)

TABLE OF CONTENTS:
00:00 Packaging
00:13 Introduction: The Light Triad!
02:23 Chapter 1: The Feedback Loops are Different
11:13 Chapter 2: The State is a Guaranteed Monopoly
15:37 Chapter 3: The Problem of Coercive Power
20:22 Chapter 4: Complexity
28:43 Chapter 5: Rules vs Deals
37:17 Chapter 6: Concentrated Power & Dispersed Power
47:07 Chapter 7: Time Horizons
51:48 Chapter 8: Incentives Are the Problem, Not People
58:09 Chapter 9: The Marketplace Metaphor
1:00:15 Chapter 10: Recommendations

USEFUL RESOURCES:
1. Amit on Twitter: [ Ссылка ]
2. Ajay on Twitter: [ Ссылка ]
3. The Seen and the Unseen -- Amit's audio podcast: [ Ссылка ]
(Also on all podcast apps. And YouTube, though less than 1% of listens come from here: [ Ссылка ])
4. Ajay's organisation, XKDR Forum, on YouTube: [ Ссылка ]
5. In Service of the Republic -- Vijay Kelkar and Ajay Shah: [ Ссылка ]
6. The Art of Clear Writing -- Amit's writing course: [ Ссылка ]
7. The India Uncut Newsletter -- Amit's newsletter at [ Ссылка ]
8. How Family Firms Evolve -- Episode 34 of Everything is Everything: [ Ссылка ]
9. From Imperial to Adaptive Firms -- Episode 37 of Everything is Everything: [ Ссылка ]
10. Graduating to Globalisation -- Episode 48 of Everything is Everything: [ Ссылка ]
11. The Beauty of Finance -- Episode 21 of Everything is Everything: [ Ссылка ]
12. Beware of These Five Fallacies! -- Episode 45 of Everything is Everything: [ Ссылка ]
13. The problems in India's official data -- Episode 21 of Big Ideas, featuring Rajeshwari Sengupta: [ Ссылка ]
14. Demystifying GDP — Episode 130 of The Seen and the Unseen (w Rajeswari Sengupta): [ Ссылка ]
15. What's Wrong With Indian Agriculture? -- Episode 18 of Everything is Everything: [ Ссылка ]
16. Public Choice Theory Explains SO MUCH -- Episode 33 of Everything is Everything: [ Ссылка ]
17. The Problem With Digital Public Goods -- Episode 56 of Everything is Everything: [ Ссылка ]
18. The Double 'Thank You' Moment -- John Stossel: [ Ссылка ]
19. Four Papers That Changed the World -- Episode 41 of Everything is Everything: [ Ссылка ]
20. The Long Road to Change -- Episode 36 of Everything is Everything: [ Ссылка ]
21. How to Do Development -- Episode 57 of Everything is Everything: [ Ссылка ]
22. Lant Pritchett Is on Team Prosperity — Episode 379 of The Seen and the Unseen: [ Ссылка ]
23. Is Your Impact Evaluation Asking Questions That Matter? A Four Part Smell Test -- Last Pritchett: [ Ссылка ]
24. The strategy and the tactics -- Ajay Shah: [ Ссылка ]
25. The essays of Paul Graham: [ Ссылка ]
26. India Needs Decentralization -- Episode 47 of Everything is Everything: [ Ссылка ]
27. Quizzing is Not Just a Trivial Pursuit -- Amit Varma: [ Ссылка ]
28. Why are firms short-sighted? -- Ajay Shah: [ Ссылка ]
29. Rethinking Innovation Policy -- Episode 59 of Everything is Everything: [ Ссылка ]
30. Our Parliament and Our Democracy — Episode 253 of The Seen and the Unseen (w MR Madhavan): [ Ссылка ]
31. When McKinsey Comes to Town -- Walt Bogdanich & Michael Forsythe: [ Ссылка ]
32. How To Know a Person -- David Brooks: [ Ссылка ]
33. The Art of Podcasting -- Episode 49 of Everything is Everything: [ Ссылка ]
34. Alice Munro on Amazon: [ Ссылка ]
35. Fierce Attachments -- Vivian Gornick: [ Ссылка ]

Produced by Amit Varma
Shot by Vaishnav Vyas and Nomsita MS Haritashya: [ Ссылка ]
Edited by Nomsita MS Haritashya: [ Ссылка ]
Thanks to Gaurav Chintamani for helping with sound: [ Ссылка ]
Chapter image by Simahina: [ Ссылка ]

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