Economics Explained

Explore the history and impact of the 40-hour work week, from its origins in farming to its influence on office work. Learn about the challenges faced by accountants on fixed working hours and the rise of casualized labor. Discover the value and perception of non-traditional work schedules and the disadvantages faced by part-time employees.

The podcast explores the upcoming wealth transfer from the retiring baby boomer generation and the significant impacts it will have on the economy and society. It discusses potential problems arising from the transfer of wealth, the impact on assets and businesses, the limitations and fears for average individuals receiving inheritances, and challenges faced by family-run businesses. It emphasizes the magnitude of the wealth transfer and the opportunities it presents.

The podcast explores the shocking 32.9% contraction in annual GDP growth in the US, comparing it to past economic crises. It discusses the impact of the economic downturn on the US economy, concerns about government stimulus and potential inflation, the problems of inflation and malinvestment, and challenges in modern investing and the broken economy.

Explore the economy of ancient Egypt, including its centrally planned system, the role of farms and temples, and the use of grain as a currency. Learn about the favorable conditions along the Nile, the corevay system used in construction projects, and the economic challenges faced by ancient Egypt.

Exploring the claim from 'The Big Short' movie about the correlation between unemployment and death, the emotional and economic challenges faced by the unemployed, the conflicting death toll numbers associated with unemployment, and the consequences of unemployment on individuals and welfare systems.

Exploring the size and impact of the underground economy, including counterfeit goods, illegal substances, and regulatory challenges. Discussing the formation and negative impact of black markets, as well as the consequences of illegal labor and alternative approaches to participating in the black market.

This is Vatican city. The smallest widely recognized sovereign state in the world. This tiny nation exists entirely within these walls, but its influence is felt the world over. Learn more about your ad choices. Visit megaphone.fm/adchoices

There are all manner of factors that make poor countries poor and rich countries rich. Many of these factors we have explored in depth when we have looked at economies like the democratic republic of the Congo all the way up to places like Switzerland and Norway.  Political Stability, industry, natural resource wealth are all incredibly important variables but there is something extra here that just doesn’t seem to make sense. Learn more about your ad choices. Visit megaphone.fm/adchoices

The wealthiest among us today live a life unparalleled by any other human throughout history. The greatest Kings and emperors could only dream of the life afforded to today’s billionaires. It doesn’t end there, even mere multi-millionaires are living through a time where they have access to limitless information, unhindered mobility, and personal comforts. But this is all taking place at a time where a swelling population of people is struggling to make ends meet. Learn more about your ad choices. Visit megaphone.fm/adchoices

The justification was that this was necessary to restore balance to a universe that was overpopulated and putting too much of a drain on resources.  Now instantly hazing half of the universe, is a bit extreme, but…  When the same world can’t go a week without some news article telling us that global climate catastrophe is inevitable, natural resources are running dry, or that if everybody lived like the average American we would need 4 Earths to sustain them it starts to sound like we should hear this Thanos guy out. Learn more about your ad choices. Visit megaphone.fm/adchoices