Economics Explained
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Economics Explained
On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.
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Why Everyone is leaving New Zealand
Unveil the stunning secret of New Zealand—a paradise losing its young talent! 🌄 With just 5.3 million people, this remote gem boasts top-notch living...
Stagflation
Stagflation has returned—and it’s a nightmare! Rising unemployment, slow economic growth, and persistent inflation are hurting economies, especially t...
What Happens When Capitalism Doesn't Need Workers Anymore?
Imagine a world where AI outsmarts you at work—scary, right? From the Philippines to the US, AI is changing the economic landscape, increasing the GDP...
Is the survival of humanity economically viable?
Ever wondered why energy drives economies—and why global warming is an economic nightmare? From the shale boom’s $74B boost to Iceland’s geothermal ad...
Why do We Still Need to Work?
A century ago, economist John Maynard Keynes confidently predicted that by 2030, we would only be working 15 hours a week. Yet, here we are—working ha...
Do We Still Need Central Banks?
Almost every nation relies on a central bank, but the US is buzzing with talk of scrapping the Fed—the globe’s mightiest financial force! From its 169...
Iran's Economic Dilemma
Iran boasts vast oil reserves, a strategic trading position, and a skilled workforce; however, sanctions and internal issues hinder its progress. From...
Have Europe's Great Powers Given Up?
Germany, Italy, and France—once the powerhouses driving Europe’s economy—are now grappling with some tough problems. We’ve put together this collectio...
China’s Debt Problem Is 300% Bigger Than America’s
From state-owned enterprises to real estate issues - how does China’s economy operate under different rules?
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Denmark Should Not be Rich
How does tiny, cold Denmark defy the odds to become one of the richest nations? Despite sky-high taxes and a lack of oil wealth, it boasts free educat...
Why Foreign Aid Fails
Does foreign aid work, or does it merely trap countries in poverty? Each year, billions are spent, yet 692 million people still live in extreme povert...
Is Gen Z Actually As Poor As They Claim To Be?
Why is Gen Z stuck in a world drowning in wealth? Homes, families, and financial freedom—milestones older generations nailed, but young folks are fall...
How Malaysia Did Economics Differently
Ever wondered how a small nation like Malaysia transformed from a colonial commodity hub into a Southeast Asian economic powerhouse? Nestled in the h...
Is This the Recession the US Needs to Have?
The world faces a staggering $315 trillion debt crisis—three times global GDP! Are we on the verge of economic collapse with 10% of production going t...
Why Everyone Thinks California Is Collapsing
California’s economy is a global powerhouse, but is it crumbling? We dive into why the Golden State keeps growing despite sky-high housing, taxes, and...
Is the Australian Economy Doomed?
Australia stands as an exemplary success story—prosperous, secure, and filled with opportunities. However, a closer examination reveals a fragile fram...
How Poland Is Quietly Winning the Economic Game
While Europe struggles with debt and stagnation, Poland is booming—the fastest-growing major economy on the continent! How did Poland transform from a...
Introducing: Tools & Weapons Podcast
Sharing an excerpt of a podcast we’re enjoying, Tools and Weapons, from Microsoft Vice Chair and President Brad Smith. Tools and Weapons explores tech...
How The Finance Industry Destroys Economies
Does the finance industry add value, or just chaos? From crashing economies to turning homes into gambling chips, it’s made billions while leaving us...
In Defence of DOGE
US debt hit $36 trillion—117% of GDP—and DOGE aims to cut $2 trillion from yearly spending. Madness or masterstroke? We’re here to argue why it could...
Could a US Sovereign Wealth Fund Actually Work?
The USA wants to create its own sovereign wealth fund (SWF), but is this a smart move or just wishful thinking? Countries like Norway, China, and the...
Revenge of the BRICS
The BRICS alliance is expanding, with new members like Saudi Arabia, Egypt, Iran, Ethiopia, and Indonesia joining Brazil, Russia, India, China, and So...
How Has Canada Been Going?
Canada, Canada Economy, Canada Housing Crisis, Canada Real Estate, Canada Debt, Canadian Immigration, Canada Brain Drain, Canada vs USA, Canada Housin...
The Anatomy of a Failed State
Why do some nations thrive while others collapse? Tolstoy’s famous quote applies to economies—successful nations share key traits, while failed states...
The Teeny Tiny Economy of Greenland
Greenland is a massive land with a tiny population, and it relies on fishing, government support, and Denmark’s financial aid to survive. But why are...
Has Japan Mastered Economic Stagnation?
Japan was once on track to become the world’s largest economy, but after decades of stagnation, that future never came. From the post-war boom to the...
Can Tariffs Actually Work?
Are tariffs just sneaky taxes, or can they actually help economies grow? From washing machines to national security, we break down the real impact of...
How Massachussets Became the Richest State in the USA
Massachusetts thrives on innovation, education, and talent, hosting top institutions like Harvard and MIT. How did it build one of the world's most pr...
How has Sri Lanka Been Going?
How did Sri Lanka achieve an economic turnaround, and why are its people still struggling?
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How Europe Sabotaged It's Own Economy
Europe, home to some of the world's largest and most advanced economies, has been experiencing nearly two decades of economic stagnation, falling behi...
The End of South Korea's Economic Miracle
South Korea’s rise from post-war devastation to one of the world’s most advanced economies is often called an economic miracle. With global giants lik...
How Iceland Lost 50% of It's GDP, And Recovered
Iceland faced one of the worst economic collapses during the 2008 financial crisis, losing nearly half its economic output and teetering on the edge o...
Why Does The US Import Oil When They Produce So Much?
The United States is the largest oil producer in the world, yet it remains one of the biggest oil importers. Explore why the USA imports oil despite r...
How Africa’s Biggest Economy Lost 50% of Its GDP
Nigeria was once predicted to be the fastest-growing economy in the world, but it has faced serious challenges since 2014. In this video, we explore h...
How Chile's Economy Was Sold to The Highest Bidder
Explore the surprising story of Chile’s rise to economic prosperity in South America. From its early days of political infighting to the influence of...
The 2024 Nobel Prize in Economics: Explained
Why do some nations flourish while others remain trapped in poverty? This year’s Nobel Prize in Economics goes to three economists whose groundbreakin...
Why Paying People to Have Babies is a Billion-Dollar Mistake
Overpopulation has been our biggest fear for decades, but now, shrinking populations are the real crisis. From aging societies to dwindling birth rate...
The Broken Economy of Washington DC
Washington D.C. is home to the world's largest and most powerful economy. Still, most people don’t realize that this federal district is also one of t...
How Elections Damage the Economy
2024 is set to be the biggest election year ever, with nearly half the world's population heading to the polls! While democracy is generally a good th...
Egypt's Wasted Potential
Once a powerhouse of the ancient world, Egypt today faces a range of internal and external challenges that are holding it back from becoming a major g...