Dissenters are arrested, comedians are forced to apologise, online mobs are on the rampage. The incentives are aligned towards shutting up. Amit Varma and Vivek Kaul get together in episode 5 of Econ Central to talk about the economics of the chilling effect. Also discussed: the significance of Amitabh Bachchan getting Covid, and the dangers of dead capital. Also check out: 1. Ian Rankin, Michael Connelly and EL Doctorow on Amazon. 2. Poet And Former Lecturer Varavara Rao Dying In Jail -- Priya Ramani. 3. What Happened to Our Journalism? -- Episode 178 of The Seen and the Unseen (w Nidhi Razdan). 4. Internet Hindus and Madrasa Muslims -- Amit Varma (on group polarization). 5. You're From the Mutton Lobby -- Transcript of episode 49 of The Seen and the Unseen (solo episode on political discourse). 6. Stop Firing the Innocent -- Yascha Mounk. 7. Bari Weiss's resignation letter from the New York Times.  8. Choice and Consequence -- Thomas C Schelling. 9. Misbehaving -- Richard Thaler. 10. Micromotives and Macrobehaviour -- Thomas C Schelling. 11. Helmet Safety Commercial with Coconut. 12. Cigarette in My Hand -- Gary Lawyer's anti-smoking commercial. 13. Homeopathic Faith -- Amit Varma. 14. The Mystery of Capital -- Hernando de Soto. 15. India Awakes -- The full documentary on YouTube. 16. The Right to Property -- Episode 26 of The Seen and the Unseen (w Shruti Rajagopalan). 17. India's Agriculture Crisis -- Episode 140 of The Seen and the Unseen (w Barun Mitra). 18. FSI in India -- Episode 11 of The Seen and the Unseen (w Alex Tabarrok). 19. Twelve Dream Reforms -- Episode 138 of The Seen and the Unseen (w Shruti Rajagopalan, Rajeswari Sengupta & Vivek Kaul). 20. Basic Economics -- Thomas Sowell. 21. That Which is Seen, and That Which is Not Seen -- Frédéric Bastiat. 22. Thomas Sowell & Frédéric Bastiat on Amazon. 23. Economics in One Lesson -- Henry Hazlitt. 24. Beware of the Useful Idiots -- Amit Varma. 25. How to Speak Money -- John Lanchester. 26. Whoops! -- John Lanchester. 27. India’s Problem is Poverty, Not Inequality -- Amit Varma. 28. Marginal Revolution University. You can show your appreciation by buying us coffee or a book here. Do pick up Vivek’s books, India’s Big Government and Bad Money. And check out Amit's online course, The Art of Clear Writing.