Economics Explained

As of this writing, there are between 186 and 192 countries worldwide (depending on who you ask). In this less-than-serious video, we look at the 50 largest nations and see what makes their economies tick. Learn more about your ad choices. Visit megaphone.fm/adchoices

The automation economy is here and it's essential to understand what our future will look like in a world where we may not have the ability to work in order to provide for ourselves. We will look at what reputable economists have hypothesized our future and the underlying economics behind these realities. Learn more about your ad choices. Visit megaphone.fm/adchoices

Despite geographical challenges, hostile neighbors, and limited resources, Israel has become one of the world's wealthiest and most advanced economies. This video explores how Israel overcame economic failure, what drives its growth, if its success can be replicated, and its future prospects. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this video we show the economic misunderstandings around economies of scale & induced demand that still pervade in economics journalism and reporting. Learn how misconceptions about these basic economic concepts can impact city planning, business growth, and national policies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are Australians the wealthiest people in the world? The answer is more complicated than you might think. Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to learn more? Check out our episode on France's Pension Reforms on YouTubeWe had the pleasure of interviewing Dr. Tomasz Michalski, an Economics Professor at HEC and a Parisian Resident living and working in the city as the events unfold. Learn more about your ad choices. Visit megaphone.fm/adchoices

Norway's Economy has been used as the poster child for a socialist mixed economy done right? Is it really the perfect economy or just another country that won the oil lottery? Learn more about your ad choices. Visit megaphone.fm/adchoices

Cuba. This picturesque nation between the gulf of Mexico and the Caribbean is home to possibly the most bizarre economy in the world. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ancient Rome was perhaps the most significant ancient civilization to have existed throughout history, the empire lived for over 1000 years and in that time, it gave us the foundations for our modern society. Democracy, a court-based legal system, Latin languages and alphabet, three-course meals, and perhaps it was one of the first modern economies to move beyond a simple agrarian empire and develop things like modern banking, lending, taxation and yes even financial crisis as we know them today. In the same way that scholars study a dead language like Latin to discerned the foundation of meaning in our modern dialects economists can study the histories of ancient civilizations like Rome to determine basic economic functions in a time before modern financial systems could skew results and Rome was perhaps the most developed case study we could look at. Learn more about your ad choices. Visit megaphone.fm/adchoices

On December 11th, 2019, The Kingdom of Saudi Arabia launched its initial public offering of Saudia Aramco on the Tadawul public stock exchange. The company's initial offering went quite well after an unprecedented marketing campaign, which was pretty much unheard of before this event. On the second day of trading, the company hit a market cap of 2 trillion dollars, easily eclipsing Apple, Amazon, and Microsoft to become the most valuable company in history. Learn more about your ad choices. Visit megaphone.fm/adchoices