Episodes
Tuesday Jun 20, 2017
How land is so central to the economy of Pakistan (URDU)
Tuesday Jun 20, 2017
Tuesday Jun 20, 2017
In my book "looking Back" I had noted that land is the principle means of rent-seeking in Pakistan. It seems that land-grab has defined much in this country.
Here Anjum and I discuss this important subject.
See what you think.
Version: 20241125
Comments (1)
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Chalking down the exclusion of land to a mathematical simplification highlights the bad intentions. The importance of real estate wasn't only highlighted in the GFC rather its been the case on and off since 1930s. The common pattern of the neo-classical economics is that whenever there is some benefit to be gained by big corporation it suddenly disappears from the system...like land and money!
Tuesday Jun 27, 2017
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