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.

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Can Corruption Be Good for the Economy?

Can Corruption Be Good for the Economy?

We all know that corruption is a bad thing. People in government or the public sector using their position to personally enrich themselves is a form of stealing, but in some situations this can actual...

8 Dec 20238min

Bhutan: The Country That Doesn’t Want to Be Rich

Bhutan: The Country That Doesn’t Want to Be Rich

Most countries really want to bring in tourists for the big infusion of money into the local economy. But Bhutan makes it incredibly expensive to visit, and bans all visitors from climbing the parts o...

5 Dec 202315min

Economics Is the Deadliest Science

Economics Is the Deadliest Science

If unintended consequences aren't considered, there can be a real and deadly trade-off between economic benefit and human wellbeing. Making poor policy decisions that may seem like economic opportunit...

4 Dec 202316min

Is South Korea’s Economic Bubble About to Burst?

Is South Korea’s Economic Bubble About to Burst?

We're exploring South Korea's impressive economic transformation, from an agrarian backwater to a global powerhouse. Home to internationally recognized companies and cutting-edge industries, South Kor...

30 Nov 202316min

The Controversial 2023 Nobel Prize Explained (Gender Pay Gap)

The Controversial 2023 Nobel Prize Explained (Gender Pay Gap)

We've avoided talking about the gender pay gap for a long time because, frankly, it's an emotional topic. But this year's Nobel Prize in Economics (Sveriges Riksbank Prize) was awarded to Claudia Gold...

27 Nov 202313min

Why Argentina Is Doomed to Fail Over and Over Again

Why Argentina Is Doomed to Fail Over and Over Again

Argentina's prosperity used to rival the US, but now it is bouncing between economic highs and lows. In just decades, it's seen rapid growth and dire crashes five times. What keeps derailing this nati...

23 Nov 202317min

China’s Crumbling Economic Story

China’s Crumbling Economic Story

Deng Xiaoping's reforms in the 80s transformed Shenzhen, a small town near Hong Kong, into an economic powerhouse. China's rapid growth lifted millions from poverty but did it grow too quickly to be s...

20 Nov 202317min

Is Poland the New Economic Powerhouse of Europe?

Is Poland the New Economic Powerhouse of Europe?

Poland defies European economic trends by having one of the fastest-growing economies on the continent. While many European nations face stagnation, Poland shines, even outperforming its former Soviet...

8 Nov 202319min

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