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 pla...
Why Does The US Import Oil When They Produce So Much?
The United States is the largest oil producer in the world, yet it remains one of the biggest oil importers. Explore why the USA imports oil despite record-breaking production, what this means for energy security, and how long this oil boom can last.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
16:17
How Africa’s Biggest Economy Lost 50% of Its GDP
Nigeria was once predicted to be the fastest-growing economy in the world, but it has faced serious challenges since 2014. In this video, we explore how Nigeria grew with oil wealth and urbanization and what led to its struggles with corruption, instability, and missed chances. Learn how its resources, regional differences, and global reputation have shaped its journey. Can Nigeria overcome these issues and become Africa’s top economy again? Watch to find out.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
20:27
How Chile's Economy Was Sold to The Highest Bidder
Explore the surprising story of Chile’s rise to economic prosperity in South America. From its early days of political infighting to the influence of the “Chicago Boys,” discover how Chile became one of the region's wealthiest nations. We’ll dive into its reliance on copper exports, the impact of inequality, and the unique challenges it faces today. Can Chile continue its growth while addressing the demands of its people and balancing global interests? Join us for a deep look into Chile’s complex journey and discover where it stands on the Economics Explained Leaderboard.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
18:33
The 2024 Nobel Prize in Economics: Explained
Why do some nations flourish while others remain trapped in poverty? This year’s Nobel Prize in Economics goes to three economists whose groundbreaking work explores this question. Join us as we dive into the theories and insights of Daron Acemoglu, Simon Johnson, and James A. Robinson, who have helped shape policy across the globe with their research on economic growth and inequality.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
16:52
Why Paying People to Have Babies is a Billion-Dollar Mistake
Overpopulation has been our biggest fear for decades, but now, shrinking populations are the real crisis. From aging societies to dwindling birth rates, countries worldwide are grappling with the risks of a declining population and struggling with radical measures to reverse it. In this video, we uncover why this shift could redefine our future, and why simply paying people to have more kids may lead to unexpected, even dangerous consequences. Dive into the surprising story behind the global population plunge and its impact on all of us.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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.