Simply Economics

Reevaluating the Role of Taxation in the Great Depression, Americans’ Changing Saving Habits, Monroe’s Economic Development District, Fort Drum’s Impact

Economics Was A Cause Of The Great Depression challenges the conventional wisdom on taxation's role. Americans are saving less, a possible sign of economic strength. The City of Monroe is building an attraction along the I-20 Economic Development District. Fort Drum's economic impact last year was $2.5B. Stay informed about these economic topics and their implications for our understanding of history, current economic trends, local development, and military bases' influence.Sources:https://www.forbes.com/sites/briandomitrovic/2024/04/26/economics-was-a-cause-of-the-great-depression/https://www.marketplace.org/2024/04/26/americans-are-saving-less-that-might-actually-be-a-sign-of-economic-strength/https://www.knoe.com/2024/04/27/city-monroe-building-attraction-along-i-20-economic-development-district/https://www.wwnytv.com/2024/04/26/fort-drums-economic-impact-last-year-was-25b/Outline:(00:00:00) Introduction(00:00:40) Economics Was A Cause Of The Great Depression(00:03:24) Americans are saving less, a possible sign of economic strength(00:06:31) City of Monroe building attraction along I-20 Economic Development District(00:09:25) Fort Drum's economic impact last year was $2.5B

Texas Comptroller Report Reveals High Plains Economic Changes, First-Graders Learn Economics Through Doughnut Shop

A comprehensive report by the Texas Comptroller details population and economic changes in the High Plains region. Meanwhile, first-graders in Lisbon start a doughnut shop to learn economics. Plus, luxury car sales plunge in South Korea due to neon green license plates, and a major dredging project promises an economic boost in Virginia Beach.Sources:https://www.myhighplains.com/news/local-news/texas-comptroller-report-details-population-economic-changes-for-high-plains-region/https://www.wkbn.com/news/local-news/lisbon-news/first-graders-start-doughnut-shop-to-learn-economics/https://www.ft.com/content/b818ddd2-5359-4289-8756-677306c11961https://www.wavy.com/news/local-news/virginia-beach-dredging-project-promises-big-economic-boost/Outline:(00:00:00) Introduction(00:00:42) Texas Comptroller report details population, economic changes for High Plains region(00:02:43) First-graders start doughnut shop to learn economics(00:05:15) US High School Economics class: Luxury car sales plunge as buyers put off by South Korea’s neon green licence plates(00:08:27) Virginia Beach dredging project promises big economic boost

Thailand’s Economic Reform, Malaysia’s Special Economic Zone Plans

Thailand needs economic reform, not economic stimulus. Malaysia considers a casino as part of its Special Economic Zone plans to boost Forest City. Stay informed about the potential solutions for Thailand's economic future and the economic development plans in Malaysia.Sources:https://fulcrum.sg/thailand-needs-economic-reform-not-economic-stimulus/https://www.straitstimes.com/asia/se-asia/malaysia-mulls-over-casino-as-part-of-special-economic-zone-plans-to-boost-forest-cityhttps://www.straitstimes.com/asia/se-asia/malaysia-mulls-over-casino-as-part-of-special-economic-zone-plans-to-boost-forest-cityhttps://www.straitstimes.com/asia/se-asia/malaysia-mulls-over-casino-as-part-of-special-economic-zone-plans-to-boost-forest-cityOutline:(00:00:00) Introduction(00:00:42) Thailand Needs Economic Reform, Not Economic Stimulus(00:03:41) Malaysia mulls over casino as part of Special Economic Zone plans to boost Forest City(00:06:23) Malaysia mulls over casino as part of Special Economic Zone plans to boost Forest City(00:08:57) Malaysia mulls over casino as part of Special Economic Zone plans to boost Forest City

Academic Publishing’s Impact on Citations, Alabama Housing Market Report, Economic Security Cooperation, and Rising Tide Event Series

High prices and market power of academic publishing reduce article citations. Alabama Realtors release March economic and real estate report. Toward Germany-South Korea cooperation in economic security. Virginia Peninsula hosts Rising Tide economic event series.Sources:https://www.promarket.org/2024/04/24/high-prices-and-market-power-of-academic-publishing-reduce-article-citations/https://www.alreporter.com/2024/04/24/alabama-realtors-release-march-economic-and-real-estate-report/https://thediplomat.com/2024/04/toward-germany-south-korea-cooperation-in-economic-security/https://www.pilotonline.com/2024/04/24/virginia-peninsula-hosts-rising-tide-economic-event-series-chamber-notes/Outline:(00:00:00) Introduction(00:00:43) High Prices and Market Power of Academic Publishing Reduce Article Citations(00:03:10) Alabama Realtors release March economic and real estate report(00:05:27) Toward Germany-South Korea Cooperation in Economic Security(00:08:26) Virginia Peninsula hosts Rising Tide economic event series

Civil-Military Technology Debate, Global Food Price Outlook, Aligning Health Insurance Contributions

Starlink highlights economic security challenges facing democracies. High global food prices may finally see a bottom in 2024, says Oxford Economics. The economic benefits of aligning employee health insurance contributions to controllable lifestyle behaviors.Sources:https://www.japantimes.co.jp/commentary/2024/04/23/world/starlink-economic-security-challenges/https://www.nbcnewyork.com/news/national-international/high-global-food-prices-may-finally-see-a-bottom-in-2024-says-oxford-economics/5344751/https://www.managedhealthcareexecutive.com/view/economic-benefits-of-aligning-employee-health-insurance-contributions-to-controllable-lifestyle-behaviorshttps://www.japantimes.co.jp/commentary/2024/04/23/world/starlink-economic-security-challenges/Outline:(00:00:00) Introduction(00:00:46) Starlink highlights economic security challenges facing democracies(00:03:44) High global food prices may finally see a bottom in 2024, says Oxford Economics(00:07:02) Economic Benefits of Aligning Employee Health Insurance Contributions to Controllable Lifestyle Behaviors(00:10:35) Starlink highlights economic security challenges facing democracies

Economic Updates: Growth, Unemployment, Inflation | Japanese Ministry Lowers Economic Views | Battle Over India’s GDP Data | UK Rental Costs Rise

This week on Simply Economics, get the latest updates on economic growth, unemployment, and inflation. Also, learn about the Japanese Ministry lowering economic views for three regions. Dive into the battle between economists and statisticians over India's GDP data. Plus, explore the record rise in UK rental costs and its economic implications.Sources:https://www.newsday.com/business/Economy-Inflation-Unemployment-r02477https://www.nippon.com/en/news/yjj2024042200509/https://theprint.in/?p=2050553https://www.ft.com/content/3c91d965-f4fb-47ed-9617-f2c4f97ec0d0Outline:(00:00:00) Introduction(00:00:38) This week: economic growth, unemployment, inflation update(00:02:41) Japanese Ministry Lowers Economic Views for 3 Regions(00:05:00) Economists vs statisticians — the battle being fought over the soul of India’s GDP data(00:08:21) Economics class: UK rental costs rise at record 9.2%

Western Australia’s Economic Rise, Global Fragmentation, Chicago’s Economic Investment, and Neil Woodford’s Comeback

The state poised to become Australia's star performer. The global economy is fragmenting, what can Australia do about it? City Council votes to borrow $1.25B for economic investment in Chicago. Neil Woodford returns as an economics guru with 'reasons to be cheerful' for the UK.Sources:https://thewest.com.au/business/economics/wa-snapping-at-the-heels-of-south-australia-as-best-economic-performer-in-the-country-cba-says--c-14374378https://www.abc.net.au/news/2024-04-21/the-global-economy-is-fragmenting-what-can-australia-do-about-it/103748984https://news.wttw.com/2024/04/19/city-council-votes-32-17-borrow-125b-fund-economic-development-affordable-housinghttps://www.thetimes.co.uk/article/neil-woodford-returns-as-an-economics-guru-with-reasons-to-be-cheerful-for-the-uk-9sck0279fOutline:(00:00:00) Introduction(00:00:44) The State poised to become Australia’s star performer(00:03:17) After decades of rising economic integration, the global economy is fragmenting. What can Australia do about it?(00:06:59) City Council Votes 32-17 to Borrow $1.25B to Fund Economic(00:10:32) Neil Woodford returns as an economics guru with ‘reasons to be cheerful’ for the UK

Gold Rises Amid Geopolitical Tensions, Chicago Approves Migrant Funding and Economic Development Bond

Gold shines as geopolitical tensions and economic uncertainty drive its price up. Chicago City Council passes measures for migrant funding and economic development. Also, Super Bulldog Weekend brings an economic boost to Starkville, while Bronx businesses struggle with economic impacts.Sources:https://www.kitco.com/opinion/2024-04-19/gold-shines-amid-geopolitical-tensions-and-economic-uncertaintyhttps://wgntv.com/migrants-in-chicago/city-council-passes-migrant-funding-measure-1-25-billion-economic-development-and-housing-bond/https://www.wcbi.com/super-bulldog-weekend-brings-economic-boost-to-starkville/https://pix11.com/news/local-news/bronx/bronx-businesses-being-hit-hard-by-economic-impacts/Outline:(00:00:00) Introduction(00:00:39) Gold shines amid geopolitical tensions and economic uncertainty(00:02:53) City passes migrant funding, economic development bond(00:05:40) Super Bulldog Weekend brings economic boost to Starkville(00:07:56) Bronx businesses being hit hard by economic impacts

India’s Economic Success Amidst Global Challenges, Yellen’s Controversial Claim, Geopolitical Impact on European Ports, BOK’s New Appointments

India continues to showcase robust growth amidst sluggish global trends. Experts express skepticism over Janet Yellen's claim of overcapacity in China. Geopolitical and economic issues impact Rotterdam and Antwerp-Bruges ports. The Bank of Korea adds economists with global experience to its monetary policy committee.Sources:https://www.deccanherald.com/business/economy/india-standout-performer-amidst-sluggish-global-growth-trends-economic-affairs-secretary-ajay-seth-2985178https://english.news.cn/20240419/4947681596b3484db1806d1ce54ca53c/c.htmlhttps://maritime-executive.com/index.php/article/geopolitical-and-economic-issues-impact-rotterdam-and-antwerp-brugeshttps://www.koreatimes.co.kr/www/biz/2024/04/488_373068.htmlOutline:(00:00:00) Introduction(00:00:44) India standout performer amidst sluggish global growth trends: Economic Affairs Secretary Ajay Seth(00:04:07) (Poster) Yellen's assertion overcapacity gains no traction at major economic gathering(00:07:00) Geopolitical and Economic Issues Impact Rotterdam and Antwerp-Bruges(00:09:44) BOK to add 2 economists with global experience to monetary policy committee

San Antonio’s Economic Boom, EU Summit on Ukraine, Second Cold War’s Impact on Trade, Tamil Nadu’s Development

San Antonio sets the bar for economic recovery after COVID. The EU hosts a conference to boost economic ties with Ukraine. Decoding Economics: How will the Second Cold War skew trade and investment? Election-bound Tamil Nadu among top states in many socio-economic measures.Sources:https://www.ttownmedia.com/news/national/san-antonio-sets-the-bar-for-economic-recovery-after-covid/article_7dfd9ada-465a-5fac-b58d-d96e13f2ab08.htmlhttps://www.dw.com/en/ukraine-updates-eu-hosts-conference-to-boost-economic-ties/live-68853694https://www.moneycontrol.com/news/opinion/decoding-economics-how-will-the-second-cold-war-skew-trade-and-investment-12663281.htmlhttps://www.thehindu.com/data/election-bound-tamil-nadu-among-top-states-in-many-socio-economic-measures-data/article68078419.eceOutline:(00:00:00) Introduction(00:00:39) San Antonio Sets the Bar for Economic Recovery After COVID(00:03:31) Ukraine updates: EU hosts conference to boost economic ties(00:06:07) Decoding Economics | How will the Second Cold War skew trade and investment?(00:09:23) Election-bound Tamil Nadu among top States in many socio-economic measures: Data