Economics Explained Did the “Perfect Economy” Just Get Better?
Dec 23, 2023
Exploring Norway's discovery of the world's largest supply of phosphate and its potential economic benefits, risks, and lessons on responsible resource management. The podcast also discusses Norway's successful management of natural resource revenues, the value and benefits of its government pension fund, the significance of taxes and its unique economic system, and the high cost of living and unique culture in Norway.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 4min
Norway's Transformation and Successful Management of Natural Resource Revenues
04:09 • 6min
The Value and Benefits of Norway's Government Pension Fund
10:26 • 3min
The Importance of Taxes and Norway's Natural Resource Wealth
13:10 • 6min
The High Cost of Living and Unique Culture in Norway
19:00 • 6min