Explore the University of Hawai'i's economic forecast under the new administration, the Nobel Prize-winning insights on global inequality, and the implications of potential steel industry decisions by the Biden administration. Plus, delve into the persistent low consumer confidence in the UK. This episode offers a comprehensive analysis of the economic challenges and opportunities shaping our world today.

Sources:

https://www.hawaiipublicradio.org/local-news/2024-12-13/new-uh-economic-forecast-warns-of-uncertainties-under-next-presidential-administration

https://www.npr.org/2024/12/13/1219032786/nobel-prize-economics-acemoglu-robinson-johnson

https://www.forbes.com/sites/danikenson/2024/12/13/economic-security-is-weakened-when-presidents-tilt-at-steel-mills/

https://www.theguardian.com/business/2024/dec/13/consumer-confidence-remains-low-as-uncharitable-view-of-uk-economy-persists

Outline:

(00:00:00) Introduction

(00:00:41) New UH economic forecast warns of uncertainties under next presidential administration

(00:03:11) A Nobel prize for explaining why there's global inequality : Planet Money

(00:06:43) Economic Security Is Weakened When Presidents Tilt At Steel Mills

(00:09:52) Consumer confidence remains low as ‘uncharitable view’ of UK economy persists