If unintended consequences aren't considered, there can be a real and deadly trade-off between economic benefit and human wellbeing. Making poor policy decisions that may seem like economic opportunities can and have lead to famines, economic collapse and people losing their livelihoods, homes and lives. This is why economics is so important, and poor econom ... 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 2025
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 2024
How to live with economic doomsaying | Philipp Carlsson-Szlezak
Economic crises can and do happen. But for every true crisis, there are many false alarms, says economist Philipp Carlsson-Szlezak. He explains how to live with the media’s pervasive economic doomsaying, why we should stop treating financial forecasts like a precise science — and ... Show More
10m 25s
May 2024
How to live with economic doomsaying | Philipp Carlsson-Szlezak
Economic crises can and do happen. But for every true crisis, there are many false alarms, says economist Philipp Carlsson-Szlezak. He explains how to live with the media's pervasive economic doomsaying, why we should stop treating financial forecasts like a precise science — and ... Show More
13m 38s
Dec 2021
S E52: Useful Economics in Everyday Life
We're all actors in the economy, with different habits, dilemmas and choices. And economics is about everyday decisions in our daily lives as much as it is about government policy. As economics professors, Betsey Stevenson and Justin Wolfers have honed the ways to show how econom ... Show More
18m 33s
May 2024
How can macroeconomics answer the call for greater social justice?
In this Future of Work podcast, the ILO’s Richard Samans and economic historian Lord Robert Skidelsky discuss how we can begin to transform macroeconomics to deal more effectively with ongoing challenges to social justice, such as inequality, underemployment, precarity and enviro ... Show More
19m 20s
Aug 2019
4: Timur Kuran - The Economics of Revolution and Mass Deception
What if everything we are taught in economics 101 is not only wrong, but may even be setting us up for populism, dictatorship or revolution? On this episode of the Portal, Eric is joined by renegade Economist Professor Timur Kuran whose theory of Preference Falsification appears ... Show More
2h 46m