Economics Explained
Economics Explained
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.
Episodes
Mentioned books
Jul 18, 2020 • 19min
Could The Whole World Use Just One Currency?
Our world is home to over 190 countries using 180 currencies to trade, invest, and collect taxes. The global economy is complex at the best of times and the foreign exchange, or forex market only looks to add an additional layer of confusion and complexity. So this begs the question could the world adopt a single universal currency? Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 18, 2020 • 16min
Can Saving Too Much Money Cause a Recession?
People are told from the time they get their first job to save money. Save for a car, have an emergency fund, send your kids to college, a house deposit, oh and not to mention retirement (if that is still a thing). There are a million things to save for and on an individual level, it is almost always a good idea. So why is it then, that governments and businesses from around the world are so terrified of people saving money? Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 18, 2020 • 22min
The History of Global Banking: A Broken System?
The 2008 Global Financial crisis was kicked off by major structural issues in the global banking system and exacerbated by record levels of household debt. Today the world is on the brink of yet another major financial downturn, and yet again household debts are at record levels. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 18, 2020 • 11min
Why Australia is Actually an American Company
Australia is a major world economy, with highly developed industries and close to 25 million of the wealthiest citizens in the world. But Australia is harboring a deep, dark secret ... it is an American company! Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 18, 2020 • 18min
Why Amazon is Begging For Regulations: The Twisted Economics of Amazon
In two short decades, Amazon has grown from a modest online bookstore to an international conglomerate. A conglomerate that seems hellbent on moving into every growing industry out there. Amazon will only be the second company this channel has ever explored but it is extremely important to understand for a few reasons. most curiously, why amazon is pushing for reform in key areas that wouldn't really be expected... Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 18, 2020 • 19min
Adam Smith: The Grandfather Of Economics
Adam Smith was a Scottish philosopher and author who is probably best known for writing a book titled “An Inquiry Into the Nature and Causes of … The Wealth of Nations!” This book effectively marked the beginning of economics as an academic discipline as Adam Amith, (now heralded as the father of economics) laid the foundation for economic rules and principles that guide decision making the world over. Learn more about your ad choices. Visit megaphone.fm/adchoices
