

Economics Explained
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.
Episodes
Mentioned books

13 snips
Jul 21, 2025 • 17min
Iran's Economic Dilemma
Iran faces a paradox with vast oil reserves and a skilled workforce, yet sanctions and internal issues stifle its growth. The black market for fuel thrives amid energy inefficiency and ongoing geopolitical tensions. Leadership resistance to reform exacerbates rising unemployment and deepening economic crises. Explore how strategic changes could help Iran overcome its formidable challenges.

23 snips
Jul 7, 2025 • 51min
Have Europe's Great Powers Given Up?
Germany, Italy, and France are grappling with significant economic challenges. Germany faces a slow decline in manufacturing power due to rising energy costs and an aging workforce. Italy's economy struggles with high national debt and demographic shifts, needing crucial reforms. Meanwhile, France walks a tightrope between maintaining employment levels and combating inflation. Each country, once a dominant force, now must adapt to the harsh realities of a changing global landscape.

14 snips
Jul 3, 2025 • 25min
China’s Debt Problem Is 300% Bigger Than America’s
Dive into the intriguing world of China's economy, where state-owned enterprises and hidden debts shape a complex financial landscape. Explore how misleading GDP figures and low bond yields create uncertainty about economic stability. Discover the impact of government regulation on innovation and stock market growth, alongside the critical role of the real estate sector. Unpack the delicate balance between investment and consumption, revealing the challenges of low inflation and attracting foreign investment. It's a deep look at China's escalating debt crisis and its implications.

39 snips
Jun 23, 2025 • 22min
Denmark Should Not be Rich
How does chilly Denmark become one of the richest countries? Discover the captivating blend of high taxes and a vibrant welfare state, fueling free education and universal healthcare. Explore its remarkable transition from agriculture to a global economic leader, driven by innovation and investment in people. Delve into the unique flexicurity model that combines labor flexibility with robust social safety nets. Will this Nordic dream stand the test of time? Tune in to unravel Denmark's economic success story!

30 snips
Jun 13, 2025 • 22min
Why Foreign Aid Fails
Delve into the contentious issue of foreign aid and its impact on global poverty. Explore why billions spent yearly often fail to uplift nations, leading to dependency instead of growth. Hear success stories like South Korea contrasted with the struggles in Sub-Saharan Africa. Discover how aid might disrupt local industries and examine the bureaucratic hurdles that impede real progress. Finally, consider innovative approaches to foreign assistance and the potential dangers of recent funding cuts.

9 snips
Jun 4, 2025 • 17min
Is Gen Z Actually As Poor As They Claim To Be?
Generation Z is navigating a financial landscape increasingly marked by wealth disparity and crushing debt. They face hurdles in achieving traditional milestones like homeownership and family formation. While many believe they are poorer than previous generations, the reality is more complex, shaped by technology and economic policies. The podcast reveals how wealth is concentrated among the few and questions whether Gen Z is truly at a disadvantage or if broader economic issues are to blame. Dive into the shocking truths behind these shifting financial realities!

Jun 2, 2025 • 19min
How Malaysia Did Economics Differently
Discover how Malaysia transformed from a colonial commodity hub into a booming economy. The strategic use of geography, smart policies, and foreign investment played crucial roles in its rise. Explore challenges like dependence on external innovation and the balancing act of ethnic diversity. The discussion highlights corruption's impact on growth, particularly the infamous One Malaysia Development Berhad scandal. With ambitious plans for high-tech industries, Malaysia's future hinges on trust and adapting education to meet industry demands.

May 26, 2025 • 16min
Is This the Recession the US Needs to Have?
The staggering $315 trillion global debt raises questions about potential economic collapse. A looming recession could serve as a wake-up call, but at what cost? Workers and small businesses might suffer while the wealthy could exploit the chaos. Historical examples reveal that recessions may clear out less efficient sectors, yet the impacts are unpredictable. The discussion dives into the risks of induced recession and the dilemma of whether hardship could lead to more enlightened economic practices or widespread disaster.

14 snips
Apr 30, 2025 • 16min
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 trade war threats, from Silicon Valley's tech giants to Hollywood studios. Unpack the real story behind migration, wildfires, and overhyped headlines. Watch to see if California still got it or if it’s on the edge!
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16 snips
Apr 15, 2025 • 17min
Is the Australian Economy Doomed?
Australia's economic success masks some significant vulnerabilities. The nation relies heavily on unstable sectors and faces soaring housing prices that amplify intergenerational inequality. As younger Australians struggle to afford homes, the complex relationship between wealth dynamics and government policies comes into focus. The discussion highlights how global market dependencies could jeopardize Australia's prosperity, challenging the narrative of a thriving economy.