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06: Where Do Prices Come From? (मूल्य भन्ने चीज कहाँबाट आउँछ ?)

06: Where Do Prices Come From? (मूल्य भन्ने चीज कहाँबाट आउँछ ?)

Update: 2020-07-01

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Welcome to the sixth episode!

Why are footballers or fashion models paid more than doctors and health workers? Why is life-saving water cheaper than diamonds? Who determines the prices of goods and services? Is it the seller or the buyer? What happens if we try to control prices?

I try to answer all these questions in this episode along with discussing the Diamond-Water paradox and real-life examples from Nepal. Happy Listening!

References Materials:

Where do prices come from? by Russell Roberts

The paradox of Value by Wikipedia

Austrian School of Economics by Britannica

Carl Menger Profile by Library of Economics and Liberty

The Problems of Price Controls by Fiona M. Scott Morton

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06: Where Do Prices Come From? (मूल्य भन्ने चीज कहाँबाट आउँछ ?)

06: Where Do Prices Come From? (मूल्य भन्ने चीज कहाँबाट आउँछ ?)

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05: The Public Choice Theory (राजनीतिज्ञहरू किन भ्रष्ट हुन्छन् ?)

05: The Public Choice Theory (राजनीतिज्ञहरू किन भ्रष्ट हुन्छन् ?)

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04: The Law of Comparative Advantage ( तुलनात्मक लाभको सिद्धान्त र आत्मनिर्भरता )

04: The Law of Comparative Advantage ( तुलनात्मक लाभको सिद्धान्त र आत्मनिर्भरता )

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03: The Unintended Consequences (अवाञ्छित परिणामको कथा)

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02: There Ain't No Such Thing As A Free Lunch (सित्तैमा के पाइन्छ, के पाइँदैन ?)

02: There Ain't No Such Thing As A Free Lunch (सित्तैमा के पाइन्छ, के पाइँदैन ?)

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01: Incentives Matter (उत्प्रेरणाको कथा)

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06: Where Do Prices Come From? (मूल्य भन्ने चीज कहाँबाट आउँछ ?)

06: Where Do Prices Come From? (मूल्य भन्ने चीज कहाँबाट आउँछ ?)

Surath Giri