Economics Explained

Feb 03 2025 251 ep. 17 mins 1.1k
Economics Explained Podcast artwork

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.

  Business  Society & Culture  Science
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Can Tariffs Actually Work?

Feb 03 2025 17 mins  
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 tariffs, why they once worked for the U.S., and whether they still make sense today. Join us as we explore the trade-offs, history, and hidden costs of tariffs in a globalized world! Learn more about your ad choices. Visit megaphone.f

How Massachussets Became the Richest State in the USA

Jan 20 2025 16 mins  
Massachusetts thrives on innovation, education, and talent, hosting top institutions like Harvard and MIT. How did it build one of the world's most productive economies, and can others follow its lead? Let's find out the secrets behind its success. Learn more about your ad choices. Visit megaphone.fm/adchoices

How has Sri Lanka Been Going?

Jan 17 2025 14 mins  
How did Sri Lanka achieve an economic turnaround, and why are its people still struggling? Learn more about your ad choices. Visit megaphone.fm/adchoices

How Europe Sabotaged It's Own Economy

Jan 06 2025 19 mins  
Europe, home to some of the world's largest and most advanced economies, has been experiencing nearly two decades of economic stagnation, falling behind the USA in raw output. Despite high living standards, competitive salaries, and excellent education, the continent faces self-inflicted issues in innovation, immigration, industry, integration, and energy. In this video, we explore

The End of South Korea's Economic Miracle

Dec 24 2024 16 mins  
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 like Samsung and Hyundai leading its industrial growth, the country has built a reputation for innovation and resilience. This success stems from rapid economic liberalization, the pivotal role of chaebols, and strategic support from

How Iceland Lost 50% of It's GDP, And Recovered

Dec 16 2024 15 mins  
Iceland faced one of the worst economic collapses during the 2008 financial crisis, losing nearly half its economic output and teetering on the edge of becoming a failed state. Yet, through bold decisions, unique energy resources, and sheer resilience, this tiny nation turned its fortunes around to become a global leader in sustainability and economic recovery. But is Iceland’s s

Why Does The US Import Oil When They Produce So Much?

Dec 02 2024 16 mins  
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 record-breaking production, what this means for energy security, and how long this oil boom can last. Learn more about your ad choices. Visit megaphone.fm/adchoices

How Africa’s Biggest Economy Lost 50% of Its GDP

Nov 22 2024 20 mins  
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 how Nigeria grew with oil wealth and urbanization and what led to its struggles with corruption, instability, and missed chances. Learn how its resources, regional differences, and global reputation have shaped its journey. Can Nigeria

How Chile's Economy Was Sold to The Highest Bidder

Nov 11 2024 18 mins  
Explore the surprising story of Chile’s rise to economic prosperity in South America. From its early days of political infighting to the influence of the “Chicago Boys,” discover how Chile became one of the region's wealthiest nations. We’ll dive into its reliance on copper exports, the impact of inequality, and the unique challenges it faces today. Can Chile continue its g

The 2024 Nobel Prize in Economics: Explained

Nov 03 2024 16 mins  
Why do some nations flourish while others remain trapped in poverty? This year’s Nobel Prize in Economics goes to three economists whose groundbreaking work explores this question. Join us as we dive into the theories and insights of Daron Acemoglu, Simon Johnson, and James A. Robinson, who have helped shape policy across the globe with their research on economic growth and inequ