Ep 5: A Citizen’s Guide to Public Finance
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Ep 5: A Citizen’s Guide to Public Finance
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Why should we care about government spending?
Welcome to episode 5 of Watching the Wheels, hosted by Amit Varma, Shruti Rajagopalan and Pranay Kotasthane.
In this episode, we launch Pranay Kothastane & Sarthak Pradhan’s new book Fiscal Fables: A Citizen's Guide to Public Finance. Pranay gives a masterclass in the public finance frameworks. Amit provides comic relief through limericks. And in the Infinite Game, we understand why Shruti is not a professor of geography or history.
Please pick up Fiscal Fables right away: https://amzn.in/d/04Btr8MD
TABLE OF CONTENTS00:00 Hype the Episode!00:20 Intro: What a book!01:18 Main Course: A Citizen’s Guide to Public Finance04:10 Why we should care about government spending?11:50 Kinds of Taxes16:45 India’s Failed Tax Experiments29:50 Why Taxes Exist35:14 The Tax Code is Not a Social Engineering Manual54:45 Indian Cities and Decentralization 1:10:36 Centrally Sponsored Schemes1:21:04 Fiscal Federalism1:33:22 Infinite Game1:56:06 Recommendations
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