Economics Explained

On the 30th of July 2020, the U.S. Bureau of Economic Analysis released its 2nd quarter Gross Domestic Product report. The report noted a 32.9% contraction in annual GDP growth in the months of April,...

8 Sep 202020min

Ancient Egypt was amongst the first major human civilizations in existence.  Outside of being genuinely fascinating the economy of ancient Egypt is enlightening to really pull apart because it represe...

8 Sep 202015min

The big short was a fantastic movie, for finance nerds and regular viewers alike. One of the lines that stood out the most, amongst many memorable lines, was the claim that for every 1% increase in un...

8 Sep 202013min

Black Market Economics - What Drives the Underground Economy? Learn more about your ad choices. Visit megaphone.fm/adchoices

7 Sep 202018min

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...

5 Sep 202018min

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 ...

18 Jul 202014min

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 ...

18 Jul 202018min

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...

18 Jul 202016min