Economics Explained
Episodes
Did China Just Drop The Ball On Global Dominance?
22 Dec 2025
Contributed by Lukas
China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to ...
A Short Story About Why You Cannot Buy A House
02 Dec 2025
Contributed by Lukas
Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affo...
The $400 Trillion Problem No One Wants to Talk About
17 Nov 2025
Contributed by Lukas
The world’s pension promise is unraveling. In the 1950s, sixteen workers supported each retiree; today, that number has shrunk to just 2.7. This dra...
The 2025 Nobel Prize in Economics: Explained
12 Nov 2025
Contributed by Lukas
Discover what drives lasting prosperity. This year, the Nobel Prize in Economics was awarded to Mokyr, Aghion, and Howitt for demonstrating how techno...
Why Everyone is leaving New Zealand
11 Oct 2025
Contributed by Lukas
Unveil the stunning secret of New Zealand—a paradise losing its young talent! 🌄 With just 5.3 million people, this remote gem boasts top-notch li...
Stagflation
30 Sep 2025
Contributed by Lukas
Stagflation has returned—and it’s a nightmare! Rising unemployment, slow economic growth, and persistent inflation are hurting economies, especial...
What Happens When Capitalism Doesn't Need Workers Anymore?
05 Sep 2025
Contributed by Lukas
Imagine a world where AI outsmarts you at work—scary, right? From the Philippines to the US, AI is changing the economic landscape, increasing the G...
Is the survival of humanity economically viable?
27 Aug 2025
Contributed by Lukas
Ever wondered why energy drives economies—and why global warming is an economic nightmare? From the shale boom’s $74B boost to Iceland’s geother...
Why do We Still Need to Work?
11 Aug 2025
Contributed by Lukas
A century ago, economist John Maynard Keynes confidently predicted that by 2030, we would only be working 15 hours a week. Yet, here we are—working ...
Do We Still Need Central Banks?
05 Aug 2025
Contributed by Lukas
Almost every nation relies on a central bank, but the US is buzzing with talk of scrapping the Fed—the globe’s mightiest financial force! From its...
Iran's Economic Dilemma
21 Jul 2025
Contributed by Lukas
Iran boasts vast oil reserves, a strategic trading position, and a skilled workforce; however, sanctions and internal issues hinder its progress. From...
Have Europe's Great Powers Given Up?
07 Jul 2025
Contributed by Lukas
Germany, Italy, and France—once the powerhouses driving Europe’s economy—are now grappling with some tough problems. We’ve put together this c...
China’s Debt Problem Is 300% Bigger Than America’s
03 Jul 2025
Contributed by Lukas
From state-owned enterprises to real estate issues - how does China’s economy operate under different rules? Learn more about your ad choices. Vi...
Denmark Should Not be Rich
23 Jun 2025
Contributed by Lukas
How does tiny, cold Denmark defy the odds to become one of the richest nations? Despite sky-high taxes and a lack of oil wealth, it boasts free educat...
Why Foreign Aid Fails
13 Jun 2025
Contributed by Lukas
Does foreign aid work, or does it merely trap countries in poverty? Each year, billions are spent, yet 692 million people still live in extreme povert...
Is Gen Z Actually As Poor As They Claim To Be?
04 Jun 2025
Contributed by Lukas
Why is Gen Z stuck in a world drowning in wealth? Homes, families, and financial freedom—milestones older generations nailed, but young folks are fa...
How Malaysia Did Economics Differently
02 Jun 2025
Contributed by Lukas
Ever wondered how a small nation like Malaysia transformed from a colonial commodity hub into a Southeast Asian economic powerhouse? Nestled in the h...
Is This the Recession the US Needs to Have?
26 May 2025
Contributed by Lukas
The world faces a staggering $315 trillion debt crisis—three times global GDP! Are we on the verge of economic collapse with 10% of production going...
Why Everyone Thinks California Is Collapsing
30 Apr 2025
Contributed by Lukas
California’s economy is a global powerhouse, but is it crumbling? We dive into why the Golden State keeps growing despite sky-high housing, taxes, a...
Is the Australian Economy Doomed?
15 Apr 2025
Contributed by Lukas
Australia stands as an exemplary success story—prosperous, secure, and filled with opportunities. However, a closer examination reveals a fragile fr...
How Poland Is Quietly Winning the Economic Game
08 Apr 2025
Contributed by Lukas
While Europe struggles with debt and stagnation, Poland is booming—the fastest-growing major economy on the continent! How did Poland transform from...
Introducing: Tools & Weapons Podcast
03 Apr 2025
Contributed by Lukas
Sharing an excerpt of a podcast we’re enjoying, Tools and Weapons, from Microsoft Vice Chair and President Brad Smith. Tools and Weapons explores te...
How The Finance Industry Destroys Economies
01 Apr 2025
Contributed by Lukas
Does the finance industry add value, or just chaos? From crashing economies to turning homes into gambling chips, it’s made billions while leaving u...
In Defence of DOGE
26 Mar 2025
Contributed by Lukas
US debt hit $36 trillion—117% of GDP—and DOGE aims to cut $2 trillion from yearly spending. Madness or masterstroke? We’re here to argue why it ...
Could a US Sovereign Wealth Fund Actually Work?
19 Mar 2025
Contributed by Lukas
The USA wants to create its own sovereign wealth fund (SWF), but is this a smart move or just wishful thinking? Countries like Norway, China, and th...
Revenge of the BRICS
13 Mar 2025
Contributed by Lukas
The BRICS alliance is expanding, with new members like Saudi Arabia, Egypt, Iran, Ethiopia, and Indonesia joining Brazil, Russia, India, China, and So...
How Has Canada Been Going?
03 Mar 2025
Contributed by Lukas
Canada, Canada Economy, Canada Housing Crisis, Canada Real Estate, Canada Debt, Canadian Immigration, Canada Brain Drain, Canada vs USA, Canada Housin...
The Anatomy of a Failed State
24 Feb 2025
Contributed by Lukas
Why do some nations thrive while others collapse? Tolstoy’s famous quote applies to economies—successful nations share key traits, while failed s...
The Teeny Tiny Economy of Greenland
17 Feb 2025
Contributed by Lukas
Greenland is a massive land with a tiny population, and it relies on fishing, government support, and Denmark’s financial aid to survive. But why ar...
Has Japan Mastered Economic Stagnation?
10 Feb 2025
Contributed by Lukas
Japan was once on track to become the world’s largest economy, but after decades of stagnation, that future never came. From the post-war boom to th...
Can Tariffs Actually Work?
03 Feb 2025
Contributed by Lukas
Are tariffs just sneaky taxes, or can they actually help economies grow? From washing machines to national security, we break down the real impact of ...
How Massachussets Became the Richest State in the USA
20 Jan 2025
Contributed by Lukas
Massachusetts thrives on innovation, education, and talent, hosting top institutions like Harvard and MIT. How did it build one of the world's most pr...
How has Sri Lanka Been Going?
18 Jan 2025
Contributed by Lukas
How did Sri Lanka achieve an economic turnaround, and why are its people still struggling? Learn more about your ad choices. Visit megaphone.fm/adchoi...
How Europe Sabotaged It's Own Economy
06 Jan 2025
Contributed by Lukas
Europe, home to some of the world's largest and most advanced economies, has been experiencing nearly two decades of economic stagnation, falling behi...
The End of South Korea's Economic Miracle
24 Dec 2024
Contributed by Lukas
South Korea’s rise from post-war devastation to one of the world’s most advanced economies is often called an economic miracle. With global giants...
How Iceland Lost 50% of It's GDP, And Recovered
16 Dec 2024
Contributed by Lukas
Iceland faced one of the worst economic collapses during the 2008 financial crisis, losing nearly half its economic output and teetering on the edge o...
Why Does The US Import Oil When They Produce So Much?
02 Dec 2024
Contributed by Lukas
The United States is the largest oil producer in the world, yet it remains one of the biggest oil importers. Explore why the USA imports oil despite r...
How Africa’s Biggest Economy Lost 50% of Its GDP
22 Nov 2024
Contributed by Lukas
Nigeria was once predicted to be the fastest-growing economy in the world, but it has faced serious challenges since 2014. In this video, we explore h...
How Chile's Economy Was Sold to The Highest Bidder
11 Nov 2024
Contributed by Lukas
Explore the surprising story of Chile’s rise to economic prosperity in South America. From its early days of political infighting to the influence o...
The 2024 Nobel Prize in Economics: Explained
04 Nov 2024
Contributed by Lukas
Why do some nations flourish while others remain trapped in poverty? This year’s Nobel Prize in Economics goes to three economists whose groundbreak...
Why Paying People to Have Babies is a Billion-Dollar Mistake
28 Oct 2024
Contributed by Lukas
Overpopulation has been our biggest fear for decades, but now, shrinking populations are the real crisis. From aging societies to dwindling birth rate...
The Broken Economy of Washington DC
14 Oct 2024
Contributed by Lukas
Washington D.C. is home to the world's largest and most powerful economy. Still, most people don’t realize that this federal district is also one of...
How Elections Damage the Economy
07 Oct 2024
Contributed by Lukas
2024 is set to be the biggest election year ever, with nearly half the world's population heading to the polls! While democracy is generally a good th...
Egypt's Wasted Potential
30 Sep 2024
Contributed by Lukas
Once a powerhouse of the ancient world, Egypt today faces a range of internal and external challenges that are holding it back from becoming a major g...
Does Switzerland Deserve to Be the Richest Economy in the World?
23 Sep 2024
Contributed by Lukas
Switzerland is often seen as an economic powerhouse with immense wealth, luxury exports, and a prestigious financial sector. But what’s behind its g...
How Chinese Industry Got Too Good Too Fast
13 Sep 2024
Contributed by Lukas
For decades, China was the go-to for low-cost manufacturing, but now it's a global leader in advanced industries. How did China leapfrog the competiti...
Has The Gulf Mega Finance Experiment Failed?
06 Sep 2024
Contributed by Lukas
Exploring the incredible transformation of the Persian Gulf from a collection of small fishing villages to the global epicenter of oil-fueled opulence...
Could Thailand Reshape Asia Despite Its Chronic Instability?
26 Aug 2024
Contributed by Lukas
Thailand has faced decades of political turmoil, but its economy has continued to grow, defying the odds. Strategically located and driven by strong i...
The Most Mismanaged Economy in the World
23 Aug 2024
Contributed by Lukas
Venezuela, a nation blessed with the largest oil reserves in the world, has shockingly transformed from potential powerhouse to economic disaster. In ...
Spain Was a Warning
09 Aug 2024
Contributed by Lukas
In 2006, Spain's economy was booming, experiencing unparalleled growth since the turn of the millennium. With per capita output more than doubling in ...
Brazil Should Be a Superpower, but It Isn’t...
29 Jul 2024
Contributed by Lukas
2016 was supposed to mark Brazil's rise as an economic superpower. The country saw rapid growth in industries, surpassing India and Italy, and nearing...
Do The Olympics Predict Economic Disaster?
22 Jul 2024
Contributed by Lukas
For decades, hosting the Olympics has been seen as a prestigious opportunity to showcase a nation's success. However, history shows that these events ...
How Hawaii Became a Poor State Made For the Rich
15 Jul 2024
Contributed by Lukas
Hawaii, the last state to join the USA, is renowned not just for its pivotal role in military operations and its allure as a top tourist destination, ...
How a new type of immigration is radically changing Portugal's economy.
08 Jul 2024
Contributed by Lukas
In this video, we explore the dramatic changes in Portugal's economy driven by the influx of digital nomads. Discover how warm sandy beaches, vibrant ...
Is Ireland's Economy a Scam?
05 Jul 2024
Contributed by Lukas
Welcome to Ireland, a nation with two contrasting economic realities. On the surface, Ireland's economy appears as one of the world’s richest, only ...
Why Mississippi Is the Worst State in the USA
25 Jun 2024
Contributed by Lukas
Mississippi, once the richest state in the USA, now has the lowest GDP per capita, highest poverty rate, and slowest growth. What caused this dramatic...
Could The Philippines Predict Our Next Decade?
21 Jun 2024
Contributed by Lukas
Discover the hidden gem of Southeast Asia! The Philippines is rapidly growing into a global economic powerhouse, leveraging its vibrant workforce and ...
How Has Turkey Been Going?
17 Jun 2024
Contributed by Lukas
Turkey's economy faces severe inflation and a 96% devaluation of the Lira. Despite recent interest rate hikes, stabilization remains elusive. Will Tur...
What Makes The Netherlands So Special?
14 Jun 2024
Contributed by Lukas
Discover the Netherlands' unique economic journey, from pioneering modern trade and finance to overcoming Dutch Disease. See why it's one of the most ...
The Ranks of Global Billionaires: Not All Billionaires Are Made Equal
02 Jun 2024
Contributed by Lukas
Jeff Bezos and Bill Gates, two gentlemen fighting back and forth for the title of world richest man. These two individuals seem very very similar, for...
The Economics of Disasters
30 May 2024
Contributed by Lukas
The Wuhan Coronavirus, the active impeachment of a sitting US president, an earthquake and volcanic eruption in the Philippines, floods in Indonesia, ...
The Economy of Sweden
26 May 2024
Contributed by Lukas
Sweden is a beautiful Scandinavian country famed for its beautiful people, flat-packed furniture, PewDiePie and meatballs. Now of course if you hadn’...
The Economy of the Philippines
23 May 2024
Contributed by Lukas
The Philippines, a beautiful tropical archipelago of islands that forms one of the most important economies in the world today. This nation often flie...
The Economy of the Soviet Union
18 May 2024
Contributed by Lukas
The Soviet Union is one of the most historically significant economies to understand, not only because it was the home to some of the most controversi...
The Economy of South Africa
12 May 2024
Contributed by Lukas
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,...
The Tragic Reality of Brain Drain on Poor Countries
08 May 2024
Contributed by Lukas
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 ...
The World's Poorest Country is Sitting on $24 Trillion
05 May 2024
Contributed by Lukas
With GDP per capita of just $2 per day, the Democratic Republic of the Congo is one of the poorest, if not the poorest nation on Earth. However, this ...
Why Canada Is Banning Foreigners From Buying Homes
01 May 2024
Contributed by Lukas
Canada is banning foreign investors from buying homes for two years to address the pandemic-induced surge in home prices. Economists warn it could hav...
Why India Is Stuck Between Poverty and Superpower
29 Apr 2024
Contributed by Lukas
Check out The Next Wave, Hubspot's AI podcast here: https://lnk.to/thenextwaveEE For decades now economists have been predicting that India would beco...
The Failing Economy of Pakistan
16 Apr 2024
Contributed by Lukas
Pakistan's economy has recently come under pressure due to high levels of debt, currency devaluation, floods, and high prices for imported food and en...
Why Bangladesh Won't Be The Next China
08 Apr 2024
Contributed by Lukas
Bangladesh has a troubled past, but it has been in a great position to grow dramatically in much the same way that its neighbour China has done in the...
Do Bank Failures Always Cause Recessions? (SVB)
05 Apr 2024
Contributed by Lukas
Last year's banking crisis in Silicon Valley, where three banks including Silicon Valley Bank failed, caused bank runs and put pressure on other banks...
Has The EU Actually Been Good For Europe?
03 Apr 2024
Contributed by Lukas
Head to https://factormeals.com/eep50 and use code eep50 to get 50% off. The EU, a unique economic giant, acts similarly to the US federal government,...
How Zimbabwe's Lithium Export Ban Could Transform it into Africa's Next Superpower
30 Mar 2024
Contributed by Lukas
Zimbabwe has not had the best past economically speaking. But what they do have is as much as 20% of the world's demand for lithium, the biggest depos...
Why We Can’t Just Stop Oil
25 Mar 2024
Contributed by Lukas
Oil and GDP are closely linked together, with the more oil consumed by a country generally meaning the higher the GDP of that country. With that said,...
Somalia is a Surprisingly Functional Anarchy
21 Mar 2024
Contributed by Lukas
Head to https://factormeals.com/eep50 and use code eep50 to get 50% off. In this video we delve into Somalia's perilous economic situation after the ...
Why Greece Is Suddenly Doing Really Well
18 Mar 2024
Contributed by Lukas
Greece became infamous for their economic stagnation following adoption of the Euro and subsequent over-spending and debt accumulation. But in recent ...
USA Outgrows China… Because of Florida?
15 Mar 2024
Contributed by Lukas
Florida is growing... fast. Actually faster than most other states, which is astounding given that it is already the fourth largest state economy in t...
The City That Built America
11 Mar 2024
Contributed by Lukas
There is perhaps no city more iconic in the world than New York City. But how does the economy of the incredibly densely packed and often struggling c...
Will All Cities End Up Like Detroit?
08 Mar 2024
Contributed by Lukas
What caused Detroit to lose 60% of it's population since 1950 and is there a way to help residents and industries in shrinking cities to have a better...
Germany's Unexpected Economic Crisis
04 Mar 2024
Contributed by Lukas
"Made in Germany" carries with ti a kind of prestige, and a marker of quality. Germany is famous for it's incredible engineering and manufacturing tal...
MIT Study Reveals Why Africa Is Still Poor
02 Mar 2024
Contributed by Lukas
Africa is the poorest continent in the world. There are, as always, a lot of factors to consider as to why that is the case, but recently Daron Acemog...
Why Africa Is Still Poor - Exclusive Interview with Daron Acemoglu
27 Feb 2024
Contributed by Lukas
We were lucky enough to talk with Prof. Asemoglu of MIT about why Africa lags economically despite so much aid and resources being pumped into the cou...
Why Canada Can't Solve It's Population Problem with Immigration
26 Feb 2024
Contributed by Lukas
Canada has gone through a lot in the last 10 years, and one of the biggest problems is the price of housing. Canadian cities are in such a small area ...
Lebanon Lost Half Its Economy In 2 Years
23 Feb 2024
Contributed by Lukas
What led to Lebanon's devastating economic crisis, causing a shrinking population and half of its GDP to vanish? Why did it collapse, and what are the...
Eritrea Is the Worst Economy on Earth
15 Feb 2024
Contributed by Lukas
We've talked about some incredibly poor countries on this channel before, but perhaps nothing as bad as the small East African country of Eritrea. Thi...
Is Capitalism Inevitable?
10 Feb 2024
Contributed by Lukas
Capitalism is the system that has helped the world become infinitely more wealthy than it has ever been in human history, but there are problems. A di...
What Does the World Economic Forum Really Do?
07 Feb 2024
Contributed by Lukas
The Davos Summit of the World Economic Forum (WEF) draws a lot of attention every year. Started by German engineer Klaus Schwab, the WEF the stated mi...
The Rather Pathetic Economy of the Roman Empire
03 Feb 2024
Contributed by Lukas
Apparently us guys think about the Roman Empire 5 times a day, but from an economic Perspective it's hard to see why. While they did build a lot of ar...
France Could Be Heading for Economic Collapse
29 Jan 2024
Contributed by Lukas
France's problems arguably go back 200 years to their slow and steady approach to adopting industrialisation. While many other countries can learn fro...
What Would Happen if North and South Korea Reunite
26 Jan 2024
Contributed by Lukas
There is no more deadly area in the world than the DMZ between North and South Korea. Millions of mines, guns and surveillance prevent anyone from cro...
Japan's Rise and Fall... And Rise Again?
12 Jan 2024
Contributed by Lukas
Japan's economy has been stagnant for 2 decades, and while some economists look at this as an outlier, it might be something that just happens to all ...
Australia Should Be Poor. Why Isn’t It?
09 Jan 2024
Contributed by Lukas
Australia's biggest export is natural resources, and as we have talked about on the channel many times, this isn't always a great thing for an economy...
Texas Will Not Be the Next California
30 Dec 2023
Contributed by Lukas
While California is famous for its industries, Texas has so many incredible advantages and opportunities that it could one day overtake the biggest st...
Will The EU Fail?
28 Dec 2023
Contributed by Lukas
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The Economy of the UK Is in Serious Trouble
26 Dec 2023
Contributed by Lukas
LinkedIn Jobs helps you find the qualified candidates you want to talk to, faster. Post your job for free at https://www.linkedin.com/ee...
Did the “Perfect Economy” Just Get Better?
23 Dec 2023
Contributed by Lukas
LinkedIn Jobs helps you find the qualified candidates you want to talk to, faster. Post your job for free at https://www.linkedin.com/ee...
Why Economists Should Avoid Politics
20 Dec 2023
Contributed by Lukas
Check out our new YouTube Channel Context Matters: https://www.youtube.com/@context.matters The consequences of politicising economics can be deep an...
Something Terrible Is Happening in Italy
18 Dec 2023
Contributed by Lukas
Italy is in trouble... but this doesn't seem to be a new thing. With mountainous protection from the north and great trade connections through the Med...
Can Corruption Be Good for the Economy?
08 Dec 2023
Contributed by Lukas
We all know that corruption is a bad thing. People in government or the public sector using their position to personally enrich themselves is a form o...