

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

May 30, 2024 • 14min
The Economics of Disasters
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.

May 26, 2024 • 17min
The Economy of Sweden
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.

May 23, 2024 • 17min
The Economy of the Philippines
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.

May 18, 2024 • 17min
The Economy of the Soviet Union
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.

May 12, 2024 • 16min
The Economy of South Africa
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

May 8, 2024 • 15min
The Tragic Reality of Brain Drain on Poor Countries
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

May 5, 2024 • 17min
The World's Poorest Country is Sitting on $24 Trillion
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.

May 1, 2024 • 15min
Why Canada Is Banning Foreigners From Buying Homes
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.

Apr 29, 2024 • 16min
Why India Is Stuck Between Poverty and Superpower
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

Apr 16, 2024 • 19min
The Failing Economy of Pakistan
The podcast discusses Pakistan's economic challenges, debt, currency devaluation, and impact on citizens. It explores potential solutions such as seeking international loans and the country's ties with China's Belt and Road Initiative. The episode highlights the interconnectedness of Pakistan's economy with major global players and the effects of disrupted remittances post-COVID.