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.
The wealthiest generation in history is starting to retire, and die. In doing so they will be responsible for the greatest wealth transfer in history, as they pass along a collective 30 trillion doll…
On the 30th of July 2020, the U.S. Bureau of Economic Analysis released its 2nd quarter Gross Domestic Product report. The report noted a 32.9% contraction in annual GDP growth in the months of April…
Ancient Egypt was amongst the first major human civilizations in existence. Outside of being genuinely fascinating the economy of ancient Egypt is enlightening to really pull apart because it repres…
The big short was a fantastic movie, for finance nerds and regular viewers alike. One of the lines that stood out the most, amongst many memorable lines, was the claim that for every 1% increase in u…
This is Vatican city. The smallest widely recognized sovereign state in the world.
This tiny nation exists entirely within these walls, but its influence is felt the world over.
Learn more about you…
There are all manner of factors that make poor countries poor and rich countries rich. Many of these factors we have explored in depth when we have looked at economies like the democratic republic of…
The wealthiest among us today live a life unparalleled by any other human throughout history. The greatest Kings and emperors could only dream of the life afforded to today’s billionaires. It doesn’t…
The justification was that this was necessary to restore balance to a universe that was overpopulated and putting too much of a drain on resources. Now instantly hazing half of the universe, is a bi…
Our world is home to over 190 countries using 180 currencies to trade, invest, and collect taxes. The global economy is complex at the best of times and the foreign exchange, or forex market only loo…
People are told from the time they get their first job to save money. Save for a car, have an emergency fund, send your kids to college, a house deposit, oh and not to mention retirement (if that is …
The 2008 Global Financial crisis was kicked off by major structural issues in the global banking system and exacerbated by record levels of household debt. Today the world is on the brink of yet anot…
Australia is a major world economy, with highly developed industries and close to 25 million of the wealthiest citizens in the world. But Australia is harboring a deep, dark secret ... it is an Amer…
In two short decades, Amazon has grown from a modest online bookstore to an international conglomerate. A conglomerate that seems hellbent on moving into every growing industry out there. Amazon will…
Adam Smith was a Scottish philosopher and author who is probably best known for writing a book titled “An Inquiry Into the Nature and Causes of … The Wealth of Nations!” This book effectively marked …
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Sat 18 Jul 2020
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