The Nepali Economist

10: Where Did The Poor's 9.3 Trillion Dollars Go? (गरिबहरूको ९३ खर्ब डलर कहाँ गयो?)

Hello dear listeners! Welcome to the tenth episode of The Nepali Economist. In this episode, I try to find the answer to the question: where did the 9.3 trillion dollars of the world's poor go? And why does capitalism triumph in the West but fails everywhere else? Happy listening! References: The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else by Hernando De Soto

09: The Other Path to Prosperity (समृद्धिकाे अर्काे बाटाे)

Hello, dear listeners! Sorry about the long, long gap after the eighth episode. I finally welcome you to the ninth episode of The Nepali Economist. In this episode, I bring you the story of Hernando De Soto who sought an alternative path to prosperity for the poor people. How did De Soto find the alternative path and what impact did his findings have on the developing countries around the world? Listen to find out! References: The Other Path by Hernando De Soto De Soto recognized by The World Bank Business reforms in Rwanda by Ease of Doing Business Index Ease of Doing Business Rankings by The World Bank

08: The Story of Markets (बजारको कथा)

Dear listeners, Welcome to the eighth episode of The Nepali Economist. In this episode, I talk about the marvel of the markets - what they are, how they work, and why they are important. References: The Reality of Markets by Russel Roberts Spontaneous Order by Norman Barry I, Pencil by Leonard E. Read Halt and Catch Fire TV Series

07: The Value of Money ( पैसाको मूल्य)

Dear listeners, I am back after a long hiatus of about 4 months. In the 7th episode of the podcast, I build on the things we discussed last time about the prices and explain the concept of inflation and deflation along with their impact on our lives. I have also included the examples of hyperinflations from around the world. Do check it out! References: Hyperinflation in Zimbabwe on Wikipedia साम्यवाद किन असफल भयो ? by Bettina Bien Greaves (Nepali Translation: Surath Giri) Deflation as per the Austrian Economics

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

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