Economics Explained

Exploring Mississippi's economic struggles, from being the richest to the poorest state in the USA. The podcast discusses low GDP, high poverty rates, slow growth, and the historical factors contributing to its decline. Despite challenges, Mississippi remains productive through federal spending benefits and defense manufacturing involvement.

Explore the economic growth and challenges in the Philippines, including corruption and inequality. Learn about the historical ties between the Philippines and the USA, as well as the impact of outsourcing. Discover why major companies favor the Philippines for outsourcing over other countries and the economic landscape of the country.

Dive into the complexities of Turkey's economy with discussions on inflation, currency devaluation, and foreign borrowing risks. Explore the consequences of managing interest rates and currency value, impacting savings and domestic industries.

Discover the Netherlands' unique economic journey, from pioneering modern trade and finance to overcoming Dutch Disease. See why it's one of the most productive and livable countries today. Can other economies learn from the Dutch model?  Learn more about your ad choices. Visit megaphone.fm/adchoices

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