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 $129,000 Is the New Poor
<p>📫 3,100+ read our free newsletter that has weekly original stories Sign up: → https://economics-explained-tv-program.beehiiv.com/ This video was inspired by Michael Green's article "Part 1: My Life Is a Lie — How a Broken Benchmark Quietly Broke America - https://www.yesigiveafig.com/p/part-1-my-life-is-a-lie</p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
The Rise Of The Middle Powers
<p>Europe and the United States share the largest trade relationship in the world, worth nearly 2 trillion dollars each year, but that partnership is starting to fracture. Beneath the surface, this relationship is built on deeply interconnected supply chains, financial systems, and mutual dependencies that extend far beyond simple trade numbers. While headlines focus on tariffs and political tension, the deeper issue is structural dependence and what happens if it begins to unravel. As the United States turns inward and Europe looks to new trade partners, the question arises whether Europe and other middle powers can realistically reduce their reliance...
Did China Just Drop The Ball On Global Dominance?
<p>China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced goods at low cost, but a significant supply chain gap is now emerging. India is emerging as a leading contender, with a 6.4% growth forecast, production-linked incentives attracting companies such as Apple, Samsung, and Micron, and digital infrastructure like UPI and Aadhaar accelerating business. Vietnam, Mexico, and Indonesia are also competing for manufacturing investment. The key...
A Short Story About Why You Cannot Buy A House
<p> Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices range from 9 to 30 times the average household income. Essential workers, including teachers and nurses, as well as young families, are being priced out of the cities they support. This raises critical questions about how housing became a leading investment asset, whether prices will continue to rise, and what measures are needed to address the global housing crisis. </p><...
The $400 Trillion Problem No One Wants to Talk About
<p> The world’s pension promise is unraveling. In the 1950s, sixteen workers supported each retiree; today, that number has shrunk to just 2.7. This dramatic shift is straining pay-as-you-go pension systems to the breaking point. By 2050, one in six people will be over 65, yet politicians are hesitant to implement tough reforms that would require individuals to work longer, contribute more, or accept smaller benefits. Could Denmark’s approach, which ties the retirement age to life expectancy, or Sweden’s automatic adjustment model, offer a way out? Or will a staggering $400 trillion global retirement gap shake the foundations of economies everywhere? </p><p>...
The 2025 Nobel Prize in Economics: Explained
<p>Discover what drives lasting prosperity. This year, the Nobel Prize in Economics was awarded to Mokyr, Aghion, and Howitt for demonstrating how technological innovation drove the surge in wealth during the Industrial Revolution. From steam engines to AI, learn why a lack of understanding once held back progress and why creative destruction is so important today. With AI now threatening jobs and monopolies limiting new ideas, could this progress be at risk? Explore the challenges, debates, and potential future dangers that could alter our economies. </p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices<...
Why Everyone is leaving New Zealand
<p>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, education, and healthcare, yet faces a brain drain to Australia (over 10% of Kiwis live there!). Why are skilled workers fleeing? Dive into the quirks of its agriculture-driven economy, sky-high housing costs, and the Aussie influx. Can this picturesque land turn the tide? Watch now to find out! </p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
Stagflation
<p>Stagflation has returned—and it’s a nightmare! Rising unemployment, slow economic growth, and persistent inflation are hurting economies, especially the US. Why is this combination so dangerous, and why are experts worried now? Explore how the Fed’s dual mandate is failing, uncover hidden flaws in job and inflation data, and understand why the USD’s reserve status might not protect us. Additionally, learn about the sacrifices required to address the crisis—all while the world feels the ripple effects. </p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
What Happens When Capitalism Doesn't Need Workers Anymore?
<p>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 of rich nations (5.4% in the US) while putting millions of jobs at risk in developing countries. Will machines leave you behind, or can you fight back? Dive into this wild ride of job threats, global gaps, and the race to adapt—spoiler: the future’s already here! </p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
Is the survival of humanity economically viable?
<p>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 advantage, cheap and reliable energy fuels growth. But with prices tripling since 2000 and climate damages projected to reach 23% of GDP by 2100, can we balance abundance, security, and net zero? Explore the trade-offs, from carbon pricing to nuclear debates, and see if saving the planet can be profitable!</p><p> </p><p>Learn more about your ad choices. Visit megaphone.fm/adchoices</p>
