Does foreign aid work, or does it merely trap countries in poverty? Each year, billions are spent, yet 692 million people still live in extreme poverty. From success stories like South Korea to struggles in Sub-Saharan Africa, we explore why aid often fails to stimulate economic growth, the hidden pitfalls of dependency, and what occurs when the funding ceases. Curious about the truth behind foreign aid? Watch now and join the debate!
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22:13
Is Gen Z Actually As Poor As They Claim To Be?
Why is Gen Z stuck in a world drowning in wealth? Homes, families, and financial freedom—milestones older generations nailed, but young folks are falling behind! Are boomers hogging the riches, or is inequality the sneaky villain? From crushing student debt to tech-creating billionaire gaps, we uncover the shocking truth! Could Gen Z still become the richest and poorest generation?
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16:50
How Malaysia Did Economics Differently
Ever wondered how a small nation like Malaysia transformed from a colonial commodity hub into a Southeast Asian economic powerhouse? Nestled in the heart of global trade routes, Malaysia’s rise is a masterclass in leveraging geography, smart policies, and foreign expertise. But can it maintain the momentum to rival giants like Japan or China? From the bustling Strait of Malacca to cutting-edge semiconductor hubs, we unpack the secrets of Malaysia’s success, the challenges that lie ahead, and what its growth means for the region.
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18:38
Is This the Recession the US Needs to Have?
The world faces a staggering $315 trillion debt crisis—three times global GDP! Are we on the verge of economic collapse with 10% of production going to interest payments? From meme coins exceeding major car manufacturers' values to escalating trade threats and actual wars, could a recession be the wake-up call we need? Or will it harm workers and small businesses while the wealthy exploit the situation? We examine why we avoid economic hardship, who suffers the burden, and whether this turmoil could lead to a more enlightened future or total disaster! Don’t miss our analysis on the trade war.
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16:08
Why Everyone Thinks California Is Collapsing
California’s economy is a global powerhouse, but is it crumbling? We dive into why the Golden State keeps growing despite sky-high housing, taxes, and trade war threats, from Silicon Valley's tech giants to Hollywood studios. Unpack the real story behind migration, wildfires, and overhyped headlines. Watch to see if California still got it or if it’s on the edge!
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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.
México