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    Ep. 07: MRP (Maximum Retail Price)

    Ep. 07: MRP (Maximum Retail Price)

    FromThe Seen and the Unseen - hosted by Amit Varma

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    Ep. 07: MRP (Maximum Retail Price)

    FromThe Seen and the Unseen - hosted by Amit Varma

    ratings:
    Length:
    25 minutes
    Released:
    Feb 28, 2017
    Format:
    Podcast episode

    Description

    For any shopper in India, there is no acronym as comforting as MRP: Maximum Retail Price. When you see that on any packaged good, you feel assured that you won't be ripped off. But is it really that simple? Prithwiraj Mukherjee joins Amit Varma to discuss the seen and unseen effects of MRP. Follow The Seen and The Unseen: Website: www.seenunseen.in Facebook: https://www.facebook.com/theseenandtheunseen/ This is an IVM Production; for more such awesome podcasts, come find us: Website: Indusvox.com Facebook: https://www.facebook.com/ivmpodcasts Twitter: https://twitter.com/IVMPodcasts Instagram: https://www.instagram.com/ivmpodcasts/
    Released:
    Feb 28, 2017
    Format:
    Podcast episode

    Titles in the series (100)

    All public policies -- indeed, all actions by humans -- have two kinds of effects: the effects that are intended, and visible; and unintended consequences, which are invisible. The Seen and the Unseen is a podcast that aims to examine both the seen and the unseen effects of our actions. Presented by Amit Varma (a journalist for a decade-and-a-half, and winner of the prestigious Bastiat Prize for journalism in 2007 and 2015 -- the only person to win it twice), the show takes on a specific public policy in every episode, and dissects its seen and unseen effects. For example: the ban on surge pricing by Uber in Delhi. What is seen is that Uber no longer costs so much; what is unseen is that you cannot get an Uber at all, because of the scarcity that is a direct result of the price control. The host explains the economic reasoning at work, and talks to an expert who breaks it down further. The host will have a panel of experts at his disposal, from a variety of disciplines, and will speak to a relevant expert in every episode. Subjects covered will range from broad ones like the state of education in India, to narrower ones like the banning of 'victimless crimes' like prostitution and gambling.