Economics Explained

China has invested over $1T to tackle poverty; however new solutions are needed to make it sustainable. One proposed solution is a livestock program where the poor are given cows rather than free money.

New Zealand has a prosperous market economy—driven by agricultural innovation—and a robust legal system that protects businesses. However the government needs to manage issues like expensive housing and an influx of immigrants.

Movie ticket sales have been decreasing for 20 years with COVID-19 causing a 71% decline in the global box office. Understanding the economics of the film industry including funding subsidies and theater concessions is complex.

Iceland's economy is remarkably resilient. Learn how the tiny nation of Iceland has survived economic turbulence through its unique industries: aluminum smelting geothermal power and Bitcoin mining.

Delve into the economic forces shaping the ever-changing landscape of the airline industry. Which drivers are pushing ticket prices both up and down and how are airlines adapting in the midst of intense market saturation?

Supply chain design complexity and pandemic-induced restrictions on international shipping are impacting companies' adaptability and bottom line.

From Nyan Cat to LeBron James digital collectibles called non-fungible tokens or NFTs are reshaping the market. Explore their value potential and reasons for their seemingly absurd prices.

The Suez Canal disaster has impacted the already struggling shipping industry. Who is responsible for the $400 million per hour cost and will we turn to modern airships for cost-effective transport instead?

For modern economies hyperinflation has been an economic menace over the last century. Past examples from failed countries such as Venezuela and Hungary reveal warning signs that are emerging in the U.S.

Silicon Valley and Shenzhen are two of the world's most prominent technology hubs. But while Silicon Valley has excess venture capital Shenzhen's innovation is limited due to investment restrictions.

House prices have risen drastically—particularly during the pandemic—leading to overcrowding and affordability issues. Housing values should be treated as commodities with stable prices encouraged.

In 2020 the U.S. unemployment rate spiked to 15% due to COVID-19 forcing businesses to implement cost-cutting measures or close. A shift in the non-accelerating inflation rate of unemployment has added to this problem.

Hit hard by the pandemic Spain's decentralized government is struggling to recover. It has advantages such as policies to prevent poverty but also lacks power over international policies.

While struggling with inflation El Salvador adopts Bitcoin as legal tender to attract foreign investment. Bitcoin offers a solution to monetary shortages and lower transaction fees for foreign workers.

Dive into the central banks' quantitative easing reversal to see how the Fed's $1T Reverse Repos undo 8 months of easing—and mask other issues. Learn about Repos the impact of cash hoarding and the post-pandemic money velocity drop. Balancing GDP money supply and inflation is crucial.

China faces rolling blackouts due to an energy crisis caused by regulations and market failures amid energy industry reforms. Energy is valuable and a core of economic prosperity so it could become a future currency.

Australia’s successful economy relies on unstable industries foreign investment in education a well-integrated financial system and high per capita income. However it lacks diverse exports and has high taxes.

Inflation fuels the surge of luxury secondhand markets. Rare items are exempt from price controls allowing sellers to pocket pure profit. Authorized dealers use exclusive Veblen goods to build relationships with wealthy clients.

Access to energy is crucial for economic prosperity and standards of living. Energy could become the currency of the future but it is difficult to produce and distribute. Government control is necessary to prevent monopolies due to high capital and land requirements.

Three economists win the Nobel Prize in labor economics. Their impactful contributions reshape modern economies with lasting influence ahead.

It has been more than five years since the UK voted to leave the European Union. Explore the aftermath of this decision. Are there regrets?

In 1972 MIT predicted wide-spread societal collapse by 2040 due to environmental political social and economic issues. KPMG's report shows our current system is economically fragile with declining population and resources as well as pollution.

It is smart for a nation to strategically invest in robust infrastructure but China's experience highlights the perils of excess. Achieving equilibrium is vital for long-term success and sustainability.

Economists have predicted 5 of the past 15 recessions. Let's explore their track record and credibility. Should we take them seriously?