The Nepali Economist Podcast: Episode 06: Where Do Prices Come From?
Welcome to the sixth episode of The Nepali Economist. 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! You can send me your comment or feedback at nepalieconomist@gmail.com.
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! You can send me your comment or feedback at nepalieconomist@gmail.com.
You can listen to the sixth episode here: