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 pla...
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 pla...
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Capitalism Doesn't Need Consumers Anymore
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AI raises concerns for jobs and society. As machines surpass human abilities, a growing number of complex jobs are being outsourced to machine who can do better work for a lower cost. This prompts questions about how economic systems can adapt to most people having a net negative economic value."
02/10/2023
12:52
Iran's Economy Could Be Huge, But They Don't Care
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What has prevented Iran, teeming with natural resources and a young, educated population, from becoming a world-leading economy? How did it go from rapid growth to economic failure, and why is it still unable to fulfil it's potential?
29/09/2023
15:56
Should We Be Worried About The BRICS?
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BRICS, an influential economic alliance of Brazil, Russia, India, China, and South Africa, is reshaping the global economy. Plans for increased trade and a common currency may challenge the West, leading to concerns about political and economic shifts globally.
27/09/2023
16:07
There Will Never Be Another Singapore
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Singapore, once a poor nation, rose to the 33rd largest economy in 50 years, inspiring other countries globally. Yet, its unique journey, often misunderstood to be solely based on glamorous industries, is not easy to replicate, and many economists forget the draconian measures it took to build Singapore into the wealthy country it is today.
25/09/2023
13:46
Why Top Investors Are Betting Against The USA
Michael Burry, the investor made famous when he shorted the US housing market before the crash of 2008, has recently bet against the US Bond market. Why would he do that and what relationship between the economy and the stock market made him think this would work?
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.