Economics Explained

Economics Explained

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    21 min

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Economics Explained episodes

  • India: The Next Economic Superpower

    India is soon to be home to the largest population of citizens on the planet. And as of 2014, the nation will also hold the title of the fastest-growing major economy in the world (stealing the title from the slower-growing economy of China). This country has had an amazing journey to get to where it is today. And with the right political governance, it's very likely to become one of the world's most powerful economies very soon. But, it's not quite there yet. And in GDP terms, India's collective economy is still smaller than that of California. And while poverty is a very prevalent problem, India's certainly on the up and up. Throughout the past two decades, it has seen unbelievable levels of growth that has, among other things, pulled hundreds of millions of its citizens out of poverty

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    17 min
  • The Crazy Economy of Monaco

    Monaco is the wealthiest nation in the world per capita. It's also the country with by far the highest average age of citizens. It has the highest cost of land of any country in the world, it pretty much breaks any kind of list you want to make ranking countries cause you can pretty much bet that this 2 square kilometer spit of land off the south of France is going to win any economic top ten list out there. So, what is really going on with the economy of Monaco? Most people know it as a playground for the rich and famous, a parking garage for superyachts, a glorified formula 1 track, a country built around a casino, and above all else, a tax haven. But is this criticism really fair? ... let's explore in today's video!

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    11 min
  • The World's Top Economies in 9 Minutes

    As of this writing, there are between 186 and 192 countries worldwide (depending on who you ask). In this less-than-serious video, we look at the 50 largest nations and see what makes their economies tick.

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    11 min
  • The Economics of Automation: What Does Our Machine Future Look Like?

    The automation economy is here and it's essential to understand what our future will look like in a world where we may not have the ability to work in order to provide for ourselves. We will look at what reputable economists have hypothesized our future and the underlying economics behind these realities.

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    17 min
  • The Unlikely Success Story of Israel's Economy

    Despite geographical challenges, hostile neighbors, and limited resources, Israel has become one of the world's wealthiest and most advanced economies. This video explores how Israel overcame economic failure, what drives its growth, if its success can be replicated, and its future prospects.

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    17 min
  • The Two Big Economics Lies You Still Believe

    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.

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    16 min
  • Norway: Is It The Perfect Economy?

    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?

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    14 min
  • The Economy of Cuba

    Cuba. This picturesque nation between the gulf of Mexico and the Caribbean is home to possibly the most bizarre economy in the world.

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    18 min

About Economics Explained

From the publisher's feed

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…

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