Do We Actually Need Recessions?
Most people would agree that recessions are terrible things, they cause widespread fear among people that will be anxious about their savings, their livelihood, or even their next meal. On a nationwid...
1 Feb 202317min
Why Game Theory is Not About Competition
Game Theory is supposed to show how businesses (and prisoners) can outdo each other to win out over their competition. While this is great in theory Game Theory actually shows us much more about how t...
31 Jan 202313min
The Brutal Economics of Migrant Labour
Qatar has one of the highest rates of migrant workers of any country in the world with over 90% of residents being non-citizens. So why does Qatar need so many migrant works and why are so many migran...
23 Jan 202313min
The Failing Economy of Sri Lanka
Over the past decade Sri Lanka was one of the fastest growing economies in Asia. However, they took on too much debt and now the country is collapsing. Learn more about your ad choices. Visit megaphon...
19 Jan 202320min
What Would Happen if China's Economy Collapses?
It's no secret that China is facing a myriad of economic problems with many commentators predicting the impending collapse of the Chinese economy. But what would really happen is the world's second la...
10 Jan 202313min
Is There a Better Economic System than Capitalism?
Over time it is almost taken as given that science and technology will evolve and improve over time. But does the same hold true for the field of economics? Will future generations achieve superior le...
5 Jan 202314min
How the World's Richest Country Lost 90% of its GDP
In the 1980s Nauru was the richest country in the world on a per capita basis. Nauru's wealth can be entirely attributed to its deposits on Phosphate, a substance used in fertilizers. However, by the ...
24 Dec 202216min
Is inflation finally coming to an end?
Inflation has been perhaps the single biggest issue facing the global economy over the past year and has proven far more persistent than most people originally assumed. But with central banks around t...
20 Dec 202213min
