What does economics have to say about the huge amount of advertising directed at us everyday, much of it specifically targeted in this age of surveillance capitalism? Is it informative, manipulative, or something else? Should governments do anything about it and regulate advertisers and surveillance capitalists such as Google, Facebook, and other big tech companies?…Read More
In early June 2022, the World Bank downgraded its global economic growth forecast and warned of the rising risk of stagflation, the uncommon combination of high inflation and high unemployment, or falling GDP growth. Stagflation is a portmanteau word, combining stagnation with inflation. Economists first noticed stagflation in 1970s USA (see the chart below) and…Read More
In Economics Explored episode 142, Michael Knox, Chief Economist of Morgans Financial, explains how he predicted high US inflation based on the magnitude of the federal deficit compared with the GDP/output gap. He gives his view on whether a US recession is likely anytime soon, based on his analysis of some key indicators. Michael isn’t…Read More
In Economics Explored episode 141, host Gene Tunny discusses his career path as an economist and offers advice for aspiring economists in an interview with Francisco Garcia, host of the University of Queensland Economics Society (UQES) podcast Worldonomics. You can listen to the episode using the embedded player below or via Google Podcasts, Apple Podcasts, Spotify, and Stitcher, among…Read More
Kate Schecter leads World Neighbors, an international NGO helping poor communities in developing economies lift their living standards through local savings and credit groups among other measures. In Economics Explored episode 140, hear Kate describe how these local savings and credit groups differ from Grameen-style microfinance. Also hear Kate describe how on-the-ground, practical measures can…Read More
I had a great conversation with regular Economics Explored guest Darren Brady Nelson on the Go Woke, Go Broke hypothesis in episode 139 of the podcast. I’ve cut a couple of clips (see below) from the video of our Zoom conversation so you can quickly see some of the highlights. You can listen to the…Read More
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