The Democratic Republic of the Congo is the world's poorest country, with a large majority of its 70 million citizens living in absolute poverty. For a long time, poverty in Africa has been seen as a purely humanitarian issue. But could the answer just be good economic management? Unfortunately, this situation has an obvious solution that is impossible to at ... 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
Mar 2023
Mark Robert Rank, "The Poverty Paradox: Understanding Economic Hardship Amid American Prosperity" (Oxford UP, 2023)
The paradox of poverty amidst plenty has plagued the United States throughout the 21st century--why should the wealthiest country in the world also have the highest rates of poverty among the industrialized nations? Based on his decades-long research and scholarship, one of the n ... Show More
29m 42s
Mar 2023
Mark Robert Rank, "The Poverty Paradox: Understanding Economic Hardship Amid American Prosperity" (Oxford UP, 2023)
The paradox of poverty amidst plenty has plagued the United States throughout the 21st century--why should the wealthiest country in the world also have the highest rates of poverty among the industrialized nations? Based on his decades-long research and scholarship, one of the n ... Show More
32m 27s