The phenomenon of brain drain is when the best and brightest workers from poor countries immigrate to rich countries in the pursuit of higher pay and living conditions. This can hinder the development of poor countries because many of their best workers leave.
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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
Nov 12
The 2025 Nobel Prize in Economics: Explained
Discover what drives lasting prosperity. This year, the Nobel Prize in Economics was awarded to Mokyr, Aghion, and Howitt for demonstrating how technological innovation drove the surge in wealth during the Industrial Revolution. From steam engines to AI, learn why a lack of under ... Show More
18m 50s
Oct 11
Why Everyone is leaving New Zealand
Unveil the stunning secret of New Zealand—a paradise losing its young talent! 🌄 With just 5.3 million people, this remote gem boasts top-notch living, education, and healthcare, yet faces a brain drain to Australia (over 10% of Kiwis live there!). Why are skilled workers fleeing ... Show More
14m 23s
Aug 2024
The case for good jobs — and why they're good for business too | Zeynep Ton
<p>Many of the jobs that keep the world running — like cleaning bathrooms, picking up trash, caring for the elderly — pay so poorly that workers can barely make ends meet. Nonprofit leader Zeynep Ton is intent on changing that, showing why everyone wins when companies pay their p ... Show More
15m 9s
Aug 1
Episode 10 (Researchers edition). Beyond Borders: Rethinking Migration for Global Development
<p>In this episode, we explore key insights from the World Bank World Development Report 2023: Migrants, Refugees, and Societies. With over 184 million people living outside their country of nationality—nearly half in low- and middle-income countries—the report highlights how mig ... Show More
15m 1s
Feb 2025
Arvid J. Lukauskas and Yumiko Shimabukuro, "Misery Beneath the Miracle in East Asia" (Cornell UP, 2024)
Misery beneath the Miracle in East Asia (Cornell University Press, 2024) challenges prevailing views of the East Asian economic miracle. Existing scholarship has overlooked the severity, persistence, and harmful consequences of the social-welfare crises affecting the region. Dr. ... Show More
1h 8m