EPISODE · Nov 23, 2024 · 15 MIN
Season 1, Episode 7: “The Price Labyrinth: Unlocking the Hidden Forces Behind Every Price You Pay”
from Ekonified: Enriching Economics in Every Experience, Event, and Existence · host Ekonified Podcasts
What really drives the prices of the goods and services we buy? In “The Price Labyrinth: Unlocking the Hidden Forces Behind Every Price You Pay,” we take a deep dive into the unseen forces that manipulate the cost of commodities. It’s not just about labour and materials—speculation, corporate control, political influence, and hidden economic drivers all play their part in shaping what we pay at checkout.From the infamous South Sea Bubble to today’s oil price fluctuations and pharmaceutical price hikes, we explore how history has repeatedly shown us that pricing often has little to do with actual value. In this episode, we unravel the intricacies of market manipulation and the power dynamics that influence your wallet—challenging everything you think you know about value and price.How much of the cost of the things you buy is determined by forces you can’t even see?
What this episode covers
What really drives the prices of the goods and services we buy? In “The Price Labyrinth: Unlocking the Hidden Forces Behind Every Price You Pay,” we take a deep dive into the unseen forces that manipulate the cost of commodities. It’s not just about labour and materials—speculation, corporate control, political influence, and hidden economic drivers all play their part in shaping what we pay at checkout.From the infamous South Sea Bubble to today’s oil price fluctuations and pharmaceutical price hikes, we explore how history has repeatedly shown us that pricing often has little to do with actual value. In this episode, we unravel the intricacies of market manipulation and the power dynamics that influence your wallet—challenging everything you think you know about value and price.How much of the cost of the things you buy is determined by forces you can’t even see?
NOW PLAYING
Season 1, Episode 7: “The Price Labyrinth: Unlocking the Hidden Forces Behind Every Price You Pay”
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.