When we think about state intervention, the first principle we consider is whether it is necessary. But we should also think about whether it is possible — and how easy or hard it is. How do we figure this out?Welcome to Episode 101 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.In this episode, Ajay lays out the metrics by which we can judge the difficulty of a proposed state intervention. Monetary policy is easy. Financial regulation is hard. Let’s understand why!TABLE OF CONTENTS: 00:00 Packaging00:13 Intro: The Light Has Gone out of Our Lives03:52 Chapter 1: Is This Easy or Is This Hard?06:51 Chapter 2: Metrics for Intervention15:49 Chapter 3: Some Concrete Examples28:52 Chapter 4: The Hacking Mindset32:02 Chapter 5: The Important Things are the Hard Ones40:32 Chapter 6: RecommendationsFor the full show notes, please click here.

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