Economics Explained

Jeff Bezos and Bill Gates, two tech billionaires, are compared in terms of their wealth and philanthropic approaches. The podcast discusses factors beyond net worth for billionaire rankings, challenges of converting paper wealth into cash for private company billionaires, and the varying levels of wealth among billionaires.

The podcast explores the economic impact of global crises like the Wuhan Coronavirus, natural disasters, and other tragic events. It discusses how fear affects economic confidence, the influence of media on stock market behavior, and the deceptive increase in economic activity post-disaster.

Exploring Sweden's remarkable economy with high living standards, robust labor laws, and the oldest central bank. The country achieves impressive societal well-being despite lacking natural resources. Sweden's low Gini coefficient and emphasis on income equality through taxation system and welfare support. Balancing income equality and wealth inequality through strong welfare system and entrepreneurship. Sweden's unique economy focuses on sustainability, innovation, and liberal market policies.

Explore the economic success and failures of the Philippines as a modern growth nation, diving into key factors such as technology, trade, and demographics. Learn about the unique challenges of a large population on small landmass, high birth rates, labor oversupply, and the country's role in global outsourcing. Discover how interdisciplinary approaches in economic analysis are crucial to understanding the dynamics of the Philippine economy.

Exploring the wealth gap in 1917 Russia and the Marxist ideals driving the revolution, the deliberate inefficiency strategy in Soviet factories, the focus on industrial production over consumer goods impacting productivity, the shift to consumerism post-Stalin leading to economic stagnation.

South Africa is an economy that is really important to understand as a kind of potential outcome case study of inequality gone bad. The nation itself, on paper at least is not so terrible, it is actually one of if not the wealthiest nation in all of Africa, trading back and forth quite frequently with Nigeria. Learn more about your ad choices. Visit megaphone.fm/adchoices

The phenomenon of brain drain is when the best and brightest workers from poor countries immigrate to rich countries in the pursuit of higher pay and living conditions. This can hinder the development of poor countries because many of their best workers leave. Learn more about your ad choices. Visit megaphone.fm/adchoices

Explore the challenges hindering the extraction of natural resources in the DRC. Learn about the impact of political turmoil and civil unrest on the economy. Discover the obstacles hindering foreign investment in the country. Uncover the complexities of GDP measurement and survival strategies in undeveloped economies. Understand the economic struggles faced by the DRC despite its resource wealth.

Canada is banning foreign investors from buying homes for two years to address the pandemic-induced surge in home prices. Economists warn of potential long-term economic effects. Other countries are observing to see if this move pays off.

Check out The Next Wave, Hubspot's AI podcast here: https://lnk.to/thenextwaveEEFor decades now economists have been predicting that India would become an economic superpower, and in part, it has. India's workforce is younger than China's and wages are lower meaning they have been well placed to take low ticket manufacturing jobs from China. But could we expect to see India's economy grow and possibly even surpass China in the next decade? Learn more about your ad choices. Visit megaphone.fm/adchoices