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In this video we go over the pros and cons of a universal basic income. The US government spent over $5 trillion of economic stimulus and relief payments during the pandemic of 2020 and 2021. This is enough money to give every adult in the country $1,000 per month during this 2 year period. Would the ... Show More
Dec 22
Did China Just Drop The Ball On Global Dominance?
China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ... Show More
16m 15s
Dec 2
A Short Story About Why You Cannot Buy A House
Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ... Show More
12m 51s
Nov 17
The $400 Trillion Problem No One Wants to Talk About
The world’s pension promise is unraveling. In the 1950s, sixteen workers supported each retiree; today, that number has shrunk to just 2.7. This dramatic shift is straining pay-as-you-go pension systems to the breaking point. By 2050, one in six people will be over 65, yet politi ... Show More
17m 5s
Apr 2022
⚖️ The governments should give each citizen a basic income, so they have enough money to live on, even if they are unemployed. To what extent do you agree or disagree?
Introduction: It has been argued that, in order for citizens to be able to maintain an acceptable standard of living in a country, the government should institute a policy of payments to them regardless of their employment status. While such an idea may be appealing in principle, ... Show More
18m 44s
Aug 2018
Annie Lowrey, “Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World” (Crown, 2018)
How can we end the scourge of poverty? How we can sustain ourselves once robots eliminate the need for many jobs? Annie Lowrey offers an answer in the title of her book, Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World (C ... Show More
36m 58s
Jul 2020
Planet Money Summer School
Introducing an economics education for your ears! We're calling it Planet Money Summer School. It's all the economics you meant to learn, but didn't get around to. Each Wednesday, we'll serve up a Planet Money story, or selection of excerpts, paired with insights from our economi ... Show More
2 m
Mar 2019
141 SP 5 Ways Money May Be Costing Your Humanity
<p>With the widest wealth gap on record between America’s wealthiest families and, well, everyone else, economic inequality is making headlines. History teaches us that concentrated wealth isn’t good for nations, but emerging science is teaching us it’s not good for individuals, ... Show More
9m 47s