Economics Explained

In and amongst all of the happenings in the world this year these awards have kind of flown under the radar which is unfortunate because they all recognized some very remarkable works. And in the fiel...

25 Okt 202022min

If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & D...

22 Okt 202018min

The long-suffering generation of millennials are now set to be significantly poorer than both baby boomers and Gen X'ers.  Having entered the workforce during the fallout of the 2008 mortgage crisis a...

21 Okt 202017min

This is California, the Golden State and one of the largest economies in the world in its own right.  If California was counted as a sovereign nation it would be the fifth-largest in the world by GDP,...

21 Okt 202017min

Communism vs Laissez-Faire Capitalism Both of these opposing theories are very extreme and, for what it's worth, don’t exist in any modern economies anywhere around the world today, despite what some ...

21 Okt 202023min

The bottom line is the most important part of any functioning business. Profit after costs, expenses, and taxes.  The money that the founders and investors in companies get to put back into their pock...

21 Okt 202016min

Inflation is something we more or less take for granted these days. The idea that 5 dollars today is not going to be able to buy 5 dollars worth of stuff in the future, and the fact that you used to b...

21 Okt 202014min

Inflation is something we more or less take for granted these days. The idea that 5 dollars today is not going to be able to buy 5 dollars worth of stuff in the future, and the fact that you used to b...

21 Okt 202023min