

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

20 snips
Feb 27, 2024 • 54min
Why Africa Is Still Poor - Exclusive Interview with Daron Acemoglu
Exploring the economic challenges faced by Africa despite abundant aid and resources. Discussing the role of reliable institutions in economic development. Highlighting the complexities of predicting historical events. Analyzing Africa's political landscape, challenges, and foreign investment. Examining the impact of natural resources on governance and societal stability. Exploring global economic development and opportunities for prosperity.

9 snips
Feb 26, 2024 • 14min
Why Canada Can't Solve It's Population Problem with Immigration
Exploring Canada's population dilemma, the podcast discusses the housing crisis due to limited construction, immigration challenges balancing economic growth and housing affordability, and the impacts of tight zoning regulations on skilled migration for economic development.

Feb 23, 2024 • 16min
Lebanon Lost Half Its Economy In 2 Years
Exploring Lebanon's economic crisis with hyperinflation, population decline, and a plummeting GDP. Factors include post-war recovery, debt dynamics, Syrian conflict, US sanctions, banking instability, and government mismanagement. Analysis of challenges like shrinking GDP, population decline, banking risks, struggling industry sector.

Feb 15, 2024 • 17min
Eritrea Is the Worst Economy on Earth
A podcast discusses Eritrea's dire economic situation, calling it the worst economy on Earth. The country is a military dictatorship and lacks free markets and trading partners. Its high debt to GDP ratio is due to its critical region for international shipping. Life in Eritrea is incredibly challenging.

Feb 10, 2024 • 16min
Is Capitalism Inevitable?
The podcast discusses the concept of capitalism and its development, benefits like capital growth and innovation, drawbacks such as inequality and resource exploitation. It explores the advantages and disadvantages of capitalism, including its ability to stimulate economic growth, criticisms of wealth inequality and private ownership of land. The chapter also explores how expensive land can hinder economic output and the challenges of coordinating labor in capitalism.

Feb 7, 2024 • 13min
What Does the World Economic Forum Really Do?
Exploring the World Economic Forum's controversial image, the podcast discusses Davos Summit, the forum's origins, contradictions, and criticisms. Unveiling the controversies surrounding Davos, including environmental messaging, sponsorship, hidden agendas, and the 'Great Reset' theme.

Feb 3, 2024 • 17min
The Rather Pathetic Economy of the Roman Empire
Exploring the economic weaknesses of the Roman Empire despite its architectural feats, analyzing GDP measurement challenges and wealth disparity between ancient and modern economies, discussing the reliance on manpower and lack of technological advancements, and comparing Rome's GDP per capita to present-day countries like Ethiopia and Rwanda.

Jan 29, 2024 • 19min
France Could Be Heading for Economic Collapse
France's slow approach to industrialization has resulted in a lack of competitiveness and brain drain. The podcast discusses the need for France to reshape its economy to stay internationally competitive. It explores the impact of government intervention and state-owned enterprises on efficiency and output. France's economic challenges include generous retirement conditions and an aging population.

Jan 26, 2024 • 20min
What Would Happen if North and South Korea Reunite
This podcast explores the challenges and potential economic consequences of reunifying North and South Korea, including the difficulties of combining their economies. It examines the lessons learned from the reunification of East and West Germany. The podcast discusses the obstacles and intricacies of reunifying the two Koreas, such as financial costs, logistical challenges, and the impact on South Korea's economy. It also explores the potential benefits of reunification, such as improved access to resources and more efficient transportation. The podcast highlights the importance of ending tensions and alleviating human suffering in order to address the disparities and challenges that would arise from reunification.

Jan 12, 2024 • 19min
Japan's Rise and Fall... And Rise Again?
Explore Japan's economic stagnation since the 1990s and its implications for advanced economies. Discover Japan's decline in technology, low labor force participation rates, and factors influencing housing prices. Uncover the challenges and opportunities for Japan's economic growth, including low productivity and the potential for regaining competitiveness.


