<p>Welcome to the sixth episode!</p> <p>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?</p> <p>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!</p> <p>References Materials:</p> <p><a href="https://bit.ly/2BRUbkS">Where do prices come from?</a> by Russell Roberts</p> <p><a href="https://bit.ly/31A6LzW">The paradox of Value</a> by Wikipedia</p> <p><a href="https://bit.ly/2Bv0J97">Austrian School of Economics</a> by Britannica</p> <p><a href="https://bit.ly/3ghzJcc">Carl Menger Profile</a> by Library of Economics and Liberty</p> <p><a href="https://bit.ly/3g8ArIC">The Problems of Price Controls</a> by Fiona M. Scott Morton</p>