In this video we show the economic misunderstandings around economies of scale & induced demand that still pervade in economics journalism and reporting. Learn how misconceptions about these basic economic concepts can impact city planning, business growth, and national policies. Learn more about your ad choices. Visit megaphone.fm/adchoices
Are Australians the wealthiest people in the world? The answer is more complicated than you might think. Learn more about your ad choices. Visit megaphone.fm/adchoices
Want to learn more? Check out our episode on France's Pension Reforms on YouTube We had the pleasure of interviewing Dr. Tomasz Michalski, an Economics Professor at HEC and a Parisian Resident living and working in the city as the events unfold. Learn more about your ad choices. Visit megaphone.fm/adchoices
Norway's Economy has been used as the poster child for a socialist mixed economy done right? Is it really the perfect economy or just another country that won the oil lottery? Learn more about your ad choices. Visit megaphone.fm/adchoices
Cuba. This picturesque nation between the gulf of Mexico and the Caribbean is home to possibly the most bizarre economy in the world. Learn more about your ad choices. Visit megaphone.fm/adchoices
Ancient Rome was perhaps the most significant ancient civilization to have existed throughout history, the empire lived for over 1000 years and in that time, it gave us the foundations for our modern society. Democracy, a court-based legal system, Latin languages and alphabet, three-course meals, and perhaps it was one of the first modern economies to move beyond a simple agrarian empire and develop things like modern banking, lending, taxation and yes even financial crisis as we know them today...
On December 11th, 2019, The Kingdom of Saudi Arabia launched its initial public offering of Saudia Aramco on the Tadawul public stock exchange. The company's initial offering went quite well after an unprecedented marketing campaign, which was pretty much unheard of before this event. On the second day of trading, the company hit a market cap of 2 trillion dollars, easily eclipsing Apple, Amazon, and Microsoft to become the most valuable company in history. Learn more about your ad choices. Visi...
Income and wealth inequality are two of the most debate issues in the world of economics. In this video we look at some of the most equal countries in the world to see what they are doing right Learn more about your ad choices. Visit megaphone.fm/adchoices
A home is in most developed nations in the world the centrepiece of the family finances, it is simultaneously the largest investment and largest expense of almost any individual lucky enough to break it to this increasingly unattainable market with a massive mortgage. But is this all for the best? Have houses been conflated with poker chips, as people no longer look at them as shelter for a growing family but rather as an asset to make wild speculative moves on in the hope of equally wild return...
The economics of Britain's exit from the European Union. Learn more about your ad choices. Visit megaphone.fm/adchoices
Want to learn more? Check out our episode on Bank Failures on YouTube We had the pleasure of interviewing Jean-Edouard Colliard, a professor at HEC Paris who knows a lot about financial regulation. He talked to us about bank failures and how he could have predicted the recent ones. Learn more about your ad choices. Visit megaphone.fm/adchoices
How is it even possible for a company to be worth more than $1 trillion? Learn more about your ad choices. Visit megaphone.fm/adchoices
Say you find yourself sitting on top of a vast fortune of funds that were acquired legitimately (or otherwise), and let's just say this vast fortune propels you to billionaire status. Congratulations! You've made it! ... well, sort of. All that’s left to do now is make sure your fortune is secure for generations to come (and not lost as quickly as it was made). But before you can enjoy the high life, you are going to need to first check-off a few things. Luckily you are in the right place. So, t...
What is modern monetary theory? Is unlimited money possible? Learn more about your ad choices. Visit megaphone.fm/adchoices
Can wars benefit a country's economy? Learn more about your ad choices. Visit megaphone.fm/adchoices
Could space travel ever be economically viable? Learn more about your ad choices. Visit megaphone.fm/adchoices
Check out our corresponding video on YouTube and share your thoughts in the comments. --- Nouriel Roubini is an economist and professor at NYU's Stern School of Business, known for his expertise in macroeconomics and international finance. He predicted the 2008 financial crisis and has served as an economic adviser to the IMF, World Bank, and various governments. He is a frequent commentator in the media, has written several books and articles, and is the co-founder and chairman of Roubini Globa...
Is there such a thing as "good debt"? And how could something good cause so many issues? On top of this is there any way that we could just run an economy without debt and would we be better off for doing so. Well, it turns out we probably can, and in fact, there are many economies around the world today that are developing rapidly while going without this system that we just assume is a given. If we can critically explore these questions it will offer insight into how our modern financial syste...
The internet is widely hailed as one of the most economically impact inventions of the modern era. But there is one much more mundane invention that at least one economist believes was even more important - the washing machine. Learn more about your ad choices. Visit megaphone.fm/adchoices
Economic growth is something that is important to every global citizen today. But it's not something to necessarily take for granted – we are certainly not "owed" long-term growth. We must earn it. And above all, we must continue innovating to become more efficient. Simultaneously, society must collectively address the major issues that we're inevitably set to face within this century if we wish to ensure that future generations live better than their predecessors. Learn more about your ad choic...
What will the potential economic outcomes of leadership change be why is it that a dictatorship inherently makes for a poor economy? What the potential outcomes will be for North Korea will be in the future. How countries have dealt with this type of situation in the past. And perhaps initially what is it that would stand in the way of a country like North Korea embracing a modern economic system, what keeps them poor. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Hong Kong has done very well for itself as a global middleman. And the meteoric rise of its neighboring economy, China, has only strengthened the city’s already-prosperous position. But, of course, if you follow the news, you probably already know that Hong Kong has seen better days. Global trade tensions, prolonged protests, and good old-fashioned competition have dramatically impacted its economy in recent years. Learn more about your ad choices. Visit megaphone.fm/adchoices...
France is a global trendsetter for other economies. This goes from the rollout of the metric system to more tangible short term indicators. If you want to predict the future, look to France. This is not to say that the country is any further ahead than any other developed nation. In fact, in many ways, it is quite the opposite, but the industries they choose to engage in making them a great indicator for global economic performance. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Taxes are an unfortunate reality for most people living and working in the modern world, we pay them every year, we complain about them, and then we forget them until next year. Taxes are one of the most important elements of any economy around the world. Entire societies can grow from effective taxation and crumble without it. Learn more about your ad choices. Visit megaphone.fm/adchoices
In 2017, at Christie’s Auction House in New York, a mysterious #Art buyer bid a record-breaking $450 million dollars for the #SalvatorMundi; a painting by the legendary Leonardo da Vinci. News of the staggering purchase price sent shockwaves throughout the entire art market (which, interestingly, has been a reliable indicator of impending market bubbles for decades). What drives the high-end #ArtMarket? How can art be used to move money in creative ways and get around taxes? And perhaps above al...
Brazil is currently the 9th largest economy in the world, according to the International Monetary Fund. This means that if the nation does make the jump from developing to developed, it could rival economic superpowers like Germany, Japan, or the United Kingdom. And as crazy as it may sound, it may become an economy that rivals the USA or China. Learn more about your ad choices. Visit megaphone.fm/adchoices
China's Belt and Road initiative is set to be the most influential economic development project in recent history. It’ll be an investment measured in trillions, connecting dozens of nations with roads, rail lines, shipping routes, and most important of all: trade deals. But for all of the impressive figures, there’s an equally concerning list of problems centered around the nation that looks to be the ringmaster of this whole project. Learn more about your ad choices. Visit megaphone.fm/adchoice...
This is Liechtenstein just the cutest little European nation, the nation is tiny but weirdly enough it is actually only the fourth smallest country in Europe, behind Vatican City, Monaco, and San Marino. What it lacks in square footage though it more than makes up for in economic might. You see this country is home to the second richest people in the world with a GDP per capita of $165,000 which is second only to Monaco, and the country is, at least officially home to some truly wealthy old mone...
So hedge fund is a term that has really lost a lot of meaning in recent years. These days it basically just means a managed financial institution that facilitates complex investment strategies that cater exclusively to high net worth individuals. But that wasn’t always the case. You see hedge funds actually have a really specific role in the world of high finance and in this video we are going to find out what makes them work. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Most people would agree that recessions are terrible things, they cause widespread fear among people that will be anxious about their savings, their livelihood, or even their next meal. On a nationwide level, economic downturns are events akin to natural disasters, they do massive damage and for the most part are widely accepted by society as an “inevitability”, rather than a “rarity” … But do we really need recessions? Learn more about your ad choices. Visit megaphone.fm/adchoices...
