Welcome to the very first episode of The Nepali Economist. In this episode, we'll discuss one of the most important principles of economics. A principle that is usually considered the backbone of economic thinking: Incentives matter. Enjoy!

Reference materials used for this episode:

1. Incentives Matter by Russell Roberts

2. Asal Arthshastra by Surath Giri (Nepali Translation of Common Sense Economics)

3. Freakonomics by Steven D. Levitt & Stephen J. Dubner

The Nepali Economist

Episode 01: Incentives matter

Thank you for your overwhelming response to the first episode. In this episode,  I talk about instant gratification vs delayed gratification and why there ain't no such thing as a free lunch! 

Reference Materials:

1. The Moon Is A Harsh Mistress by Robert A. Heinlein

2. Getting the Most Out of Life: The Concept of Opportunity Cost by Russell Roberts

Episode 02: There Ain't No Such Thing As A Free Lunch

Thank you for liking the second episode! In this episode, I discuss the unintended consequences through examples of the cobra control program of colonial India, Four Pests Control Campaign of China, Child Labour Ban, consequences of seat belt laws, consequences of Hoy De Circula program of Mexico City, Kathmandu's taxi problem, and the Barbara Streisand Effect. Happy listening!

Reference Materials:
The consequences of banning child labor (World Bank) 
UN’s ban on child labor is a ‘damaging mistake’ (The Guardian) Perverse consequences of well-intentioned regulation: Evidence from India’s child-labor ban (CEPR Policy Portal) 
The Effects of Automobile Safety Regulation (Jstor) 
The Effect of Driving Restrictions on Air Quality in Mexico City (Journal of Political Economy)  
The Cobra Effect: Lessons in Unintended Consequences (FEE) 
The Armchair Economist: Economics and Everyday Life (Steven E. Landsberg)

Episode 03: The Unintended Consequences

Welcome to the fourth episode of The Nepali Economist. In this episode, I talk about the law of comparative advantage, how it was developed, and how it works. I think the law of comparative advantage is particularly relevant in the current times when self-sustainability is all the rage. I hope you will like this episode too.  Happy listening!