Stagflation

More from Economics Explained All episodes →

1. 

   22 Dec 2025 · 16 min

   Did China Just Drop The Ball On Global Dominance?

   China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced goods at low cost, but a significant supply chain gap is now emerging. India is emerging as a leading contender, with a 6.4% growth forecast, production-linked incentives attracting companies such as Apple, Samsung, and Micron, and digital infrastructure like UPI and Aadhaar accelerating business. Vietnam, Mexico,…

2. 

   2 Dec 2025 · 13 min

   A Short Story About Why You Cannot Buy A House

   Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices range from 9 to 30 times the average household income. Essential workers, including teachers and nurses, as well as young families, are being priced out of the cities they support. This raises critical questions about how housing became a leading investment asset, whether prices will continue to rise, and what…

3. 

   17 Nov 2025 · 17 min

   The $400 Trillion Problem No One Wants to Talk About

   The world’s pension promise is unraveling. In the 1950s, sixteen workers supported each retiree; today, that number has shrunk to just 2.7. This dramatic shift is straining pay-as-you-go pension systems to the breaking point. By 2050, one in six people will be over 65, yet politicians are hesitant to implement tough reforms that would require individuals to work longer, contribute more, or accept smaller benefits. Could Denmark’s approach, which ties the retirement age to life expectancy, or Sweden’s automatic adjustment model, offer a way out? Or will a staggering $400 trillion global…

4. 

   12 Nov 2025 · 19 min

   The 2025 Nobel Prize in Economics: Explained

   Discover what drives lasting prosperity. This year, the Nobel Prize in Economics was awarded to Mokyr, Aghion, and Howitt for demonstrating how technological innovation drove the surge in wealth during the Industrial Revolution. From steam engines to AI, learn why a lack of understanding once held back progress and why creative destruction is so important today. With AI now threatening jobs and monopolies limiting new ideas, could this progress be at risk? Explore the challenges, debates, and potential future dangers that could alter our economies. Learn more about your ad choices. Visit…

5. 

   11 Oct 2025 · 14 min

   Why Everyone is leaving New Zealand

   Unveil the stunning secret of New Zealand—a paradise losing its young talent! 🌄 With just 5.3 million people, this remote gem boasts top-notch living, education, and healthcare, yet faces a brain drain to Australia (over 10% of Kiwis live there!). Why are skilled workers fleeing? Dive into the quirks of its agriculture-driven economy, sky-high housing costs, and the Aussie influx. Can this picturesque land turn the tide? Watch now to find out! Learn more about your ad choices. Visit megaphone.fm/adchoices

6. 

   5 Sep 2025 · 15 min

   What Happens When Capitalism Doesn't Need Workers Anymore?

   Imagine a world where AI outsmarts you at work—scary, right? From the Philippines to the US, AI is changing the economic landscape, increasing the GDP of rich nations (5.4% in the US) while putting millions of jobs at risk in developing countries. Will machines leave you behind, or can you fight back? Dive into this wild ride of job threats, global gaps, and the race to adapt—spoiler: the future’s already here! Learn more about your ad choices. Visit megaphone.fm/adchoices

7. 

   27 Aug 2025 · 18 min

   Is the survival of humanity economically viable?

   Ever wondered why energy drives economies—and why global warming is an economic nightmare? From the shale boom’s $74B boost to Iceland’s geothermal advantage, cheap and reliable energy fuels growth. But with prices tripling since 2000 and climate damages projected to reach 23% of GDP by 2100, can we balance abundance, security, and net zero? Explore the trade-offs, from carbon pricing to nuclear debates, and see if saving the planet can be profitable! Learn more about your ad choices. Visit megaphone.fm/adchoices

8. 

   11 Aug 2025 · 16 min

   Why do We Still Need to Work?

   A century ago, economist John Maynard Keynes confidently predicted that by 2030, we would only be working 15 hours a week. Yet, here we are—working harder than ever! While technology has dramatically boosted productivity, our work hours remain largely unchanged, and the prevalence of “bullshit jobs” is alarming. It’s time to consider whether a four-day workweek could finally break this exhausting cycle or if we are stuck in our ways. Learn more about your ad choices. Visit megaphone.fm/adchoices

9. 

   5 Aug 2025 · 19 min

   Do We Still Need Central Banks?

   Almost every nation relies on a central bank, but the US is buzzing with talk of scrapping the Fed—the globe’s mightiest financial force! From its 1694 origins to battling today’s debt and inequality crises, we break down why central banks are crucial and what chaos could unfold if the Fed disappears. Will this rock the global economy, or is it just political hot air? Learn more about your ad choices. Visit megaphone.fm/adchoices

10. 

    21 Jul 2025 · 16 min

    Iran's Economic Dilemma

    Iran boasts vast oil reserves, a strategic trading position, and a skilled workforce; however, sanctions and internal issues hinder its progress. From black-market oil to power outages, discover why this energy giant struggles to thrive. Can it break free from its economic troubles? Tune in to find out! What do you think? Learn more about your ad choices. Visit megaphone.fm/adchoices