Simply Economics

Every day, a team of AIs deliver simple, straightforward updates from the world of economics.

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Episodes

Monday Apr 08, 2024

Egypt's fragile economic recovery is threatened by a gas shortage. Hong Kong considers steps to revitalize its stock market amidst economic challenges. China's economy is expected to surge fueled by property sector stabilization and regional growth. The UK economy shows signs of growth as it gains momentum. Stay informed about these key economic developments with Simply Economics.Sources:https://www.thenationalnews.com/business/economy/2024/04/08/egypts-fragile-economic-recovery-threatened-by-gas-shortage/https://www.wionews.com/business-economy/hong-kong-considers-further-steps-to-revitalise-stock-market-while-economic-challenges-persist-708887https://www.benzinga.com/markets/asia/24/04/38135895/chinas-economy-expected-to-surge-5-3-this-year-fueled-by-property-sector-stabilization-and-regionalhttps://www.thetimes.co.uk/article/growth-at-a-turning-point-as-uk-economy-gains-momentum-5dg7t5ns3Outline:(00:00:00) Introduction(00:00:45) Egypt's fragile economic recovery threatened by gas shortage(00:03:32) Hong Kong considers further steps to revitalise stock market while economic challenges persist(00:05:52) China's Economy Expected To Surge 5.3% This Year, Fueled By Property Sector Stabilization And Regional Growth: AMRO(00:08:13) Growth at a ‘turning point’ as UK economy gains momentum

Sunday Apr 07, 2024

Explore the political economy of inflation and the economic lessons learned during the COVID-19 pandemic. Discover why land disappeared from some economic models and the implications for wealth inequality. Learn about Saudi Arabia's financial challenges in implementing Vision 2030. Uncover the economic impact of the upcoming solar eclipse and the opportunities it presents for local businesses and communities.Sources:https://www.therepublic.com/2024/04/07/michael-hicks-the-political-economy-of-inflation/https://www.abc.net.au/news/2024-04-07/why-land-disappeared-from-economic-models-henry-george-australia/103673238https://english.almayadeen.net/news/Economy/saudi-arabia-bleeding-funds-for-vision-2030--broken-economichttps://www.kwtx.com/2024/04/06/solar-eclipse-could-deliver-6-billion-economic-boom-whole-community-is-sold-out/Outline:(00:00:00) Introduction(00:00:40) Michael Hicks: The political economy of inflation(00:04:28) Why did land disappear from some economic models?(00:07:20) Saudi Arabia bleeding funds for Vision 2030: Broken economic model(00:10:24) The solar eclipse could deliver a $6 billion economic boom: "The whole community is sold out"

Saturday Apr 06, 2024

US and China plan talks on economics, including manufacturing 'overcapacity' issue. The economic arguments surrounding a united Ireland take center stage. California is gripped by economic problems, with no easy fix. Plus, concerns arise over potential US tariffs on green tech during Yellen's visit to Beijing.Sources:https://www.wvnews.com/newsfeed/world/us-and-china-plan-talks-on-economics-including-manufacturing-overcapacity-issue-yellen-says/article_3f7e8a11-8c11-58dd-a276-9ba01617bbab.htmlhttps://www.bbc.com/news/uk-northern-ireland-68743937https://www.hindustantimes.com/world-news/california-is-gripped-by-economic-problems-with-no-easy-fix-101712343203474.htmlhttps://www.newsday.com/news/nation/US-China-Yellen-economics-trade-tariffs-diplomacy-g72025Outline:(00:00:00) Introduction(00:00:41) US and China plan talks on economics, including manufacturing ‘overcapacity’ issue, Yellen says(00:03:23) United Ireland economic arguments take centre stage(00:05:53) California is gripped by economic problems, with no easy fix(00:08:53) As Yellen heads to Beijing, China worries that the U.S. is planning more tariffs on green tech

Thursday Apr 04, 2024

Slowing global economy intensifies economic war against China. Economic globalization's transformative impact on higher education. Plus, BOJ cuts economic assessment for 7 of Japan's 9 regions. Also, grants support Career Technical Education programs in North Central Idaho.Sources:https://www.wsws.org/en/articles/2024/04/04/hkpx-a04.htmlhttps://www.financialexpress.com/jobs-career/education/economic-globalisation-a-catalyst-for-the-internationalisation-of-higher-education/3445901/https://wtaq.com/2024/04/04/boj-cuts-economic-assessment-for-7-of-japans-9-regions/https://www.clearwatertribune.com/news/business/economic-activity-march-2024/article_b73054ae-f156-11ee-b797-c386b1574415.htmlOutline:(00:00:00) Introduction(00:00:42) Slowing global economy intensifying economic war against China(00:04:06) Economic globalisation: A catalyst for the internationalisation of Higher Education(00:07:40) BOJ cuts economic assessment for 7 of Japan’s 9 regions(00:09:37) Economic activity, March 2024

Wednesday Apr 03, 2024

NRF economist bullish on nation's economic outlook. Japan's economy recovers to full capacity. New Jersey's film industry advocates point to trickle-down economics spurred by tax credit luring productions. The role of education in development and economic reasoning in education.Sources:https://storebrands.com/nrf-economist-bullish-nations-economic-outlookhttps://business.inquirer.net/453114/japans-economy-recovers-to-full-capacityhttps://www.roi-nj.com/2024/04/03/lifestyle/role-models-n-j-s-film-industry-advocates-point-to-trickle-down-economics-spurred-by-tax-credit-luring-productions/https://www.hindustantimes.com/opinion/the-role-of-education-in-development-of-economic-reasoning-in-education-101712158260490.htmlOutline:(00:00:00) Introduction(00:00:40) NRF Economist Bullish On Nation's Economic Outlook(00:01:20) Role models: N.J.’s film industry advocates point to trickle-down economics spurred by tax credit luring productions(00:03:49) The role of education in development, of economic reasoning in education

Tuesday Apr 02, 2024

Veronique de Rugy discusses the discrepancy between rosy economic data and the American people's dissatisfaction with the economy. India's surging economy outpaces China's growth, forcing Beijing to reassess its calculations. Foreign direct investment into China hits a 30-year low, highlighting structural problems and geopolitical tensions. Plus, a preview of Germany's flash inflation data and UK mortgage approvals in European economic news.Sources:https://bismarcktribune.com/opinion/columnists/veronique-de-rugy-americans-can-tell-the-difference-between-rosy-economic-data-and-reality/article_9e4b155c-ede9-11ee-998e-0f5c4e412e72.htmlhttps://www.forbes.com/sites/miltonezrati/2024/04/01/india-gains-on-china/https://gfmag.com/economics-policy-regulation/china-foreign-direct-investment-hits-30-year-low/https://www.rttnews.com/3436144/european-economic-news-preview-germany-flash-inflation-data-due.aspxOutline:(00:00:00) Introduction(00:00:41) Veronique de Rugy: Americans can tell the difference between rosy economic data and reality(00:03:19) India Gains On China(00:06:06) China: Foreign Direct Investment Hits 30-Year Low(00:09:03) European Economic News Preview: Germany Flash Inflation Data Due

Monday Apr 01, 2024

FBM KLCI starts 2Q upbeat on economic developments. Oil prices rise amid tight supply, upbeat Chinese economic data. Eurozone economic confidence strengthens in March. China's industrial upswing shows economic recovery.Sources:https://www.thestar.com.my/business/business-news/2024/04/01/fbm-klci-starts-2q-upbeat-on-economic-developmentshttps://economymiddleeast.com/news/oil-prices-rise-amid-tight-supply-upbeat-chinese-economic-data/https://timesofmalta.com/article/eurozone-economic-confidence-strengthens-march.1090097https://wiscnews.com/chinas-industrial-upswing-shows-economic-recovery/video_5ba4b343-a1f0-5d78-9202-de912eb731d0.htmlOutline:(00:00:00) Introduction(00:00:40) FBM KLCI starts 2Q upbeat on economic developments(00:02:31) Oil prices rise amid tight supply, upbeat Chinese economic data(00:05:48) Eurozone economic confidence strengthens in March(00:07:42) China's Industrial Upswing Shows Economic Recovery

Sunday Mar 31, 2024

China's factory activity hits one-year high, signaling economic recovery. Labour's alternative vision for economic recovery and the impact of Brexit. The crucial role of housing in driving local economic growth. The economic impact and cost concerns of the upcoming 2025 Expo in Japan.Sources:https://www.scmp.com/economy/economic-indicators/article/3257359/chinas-factory-activity-hits-one-year-high-adding-signs-economic-recovery-picking-pacehttps://www.theguardian.com/business/2024/mar/31/rachel-reeves-the-chess-player-has-an-eye-on-the-economic-endgamehttps://www.hdnews.net/housing-key-to-local-economic-growth/https://japantoday.com/category/business/economic-impact-of-2025-expo-raised-to-19-bil.-amid-inflated-costsOutline:(00:00:00) Introduction(00:00:40) China’s factory activity hits one-year high in latest sign of economic recovery(00:03:25) Tories don’t realise that investment isn’t a cost: it’s a benefit(00:06:07) Housing key to local economic growth(00:08:26) Economic impact of 2025 Expo raised to ¥2.9 trillion

Saturday Mar 30, 2024

Discover the importance of incorporating ethics into economic systems with journalist Nick Romeo. Also, explore the remarkable growth of West Virginia's tourism industry under the leadership of Chelsea Ruby. Plus, the potential risks of a market meltdown in the US economy and the economic impact of the Baltimore bridge collapse.Sources:https://www.kqed.org/forum/2010101905213/the-alternative-describes-more-ethical-economic-practiceshttps://www.wvnews.com/news/wvnews/west-virginia-is-tapping-into-tourisms-economic-potential/article_08c02368-dfbd-11ee-a87f-f33e343faeaa.htmlhttps://watcher.guru/news/?p=134563https://www.kfvs12.com/2024/03/29/siu-professor-speaks-about-economic-impact-baltimore-bridge-collapse/Outline:(00:00:00) Introduction(00:00:38) 'The Alternative' Describes More Ethical Economic Practices(00:03:09) West Virginia is tapping into tourism's economic potential(00:06:48) US Economy: America Is at Risk of a Market Meltdown, Warns CBO(00:09:19) SIU professor speaks about the economic impact of the Baltimore bridge collapse

Friday Mar 29, 2024

West Virginia taps into tourism's economic potential, corporate profits soar in the latest GDP report, the passing of renowned psychologist Daniel Kahneman, and Lowell lands a major economic development project with Draper Labs. Join us as we explore these stories and their implications for the economy.Sources:https://www.wvnews.com/news/wvnews/west-virginia-is-tapping-into-tourisms-economic-potential/article_08c02368-dfbd-11ee-a87f-f33e343faeaa.htmlhttps://thehill.com/newsletters/business-economy/4562622-corporate-profits-soar/https://timesofindia.indiatimes.com/world/us/daniel-kahneman-who-plumbed-psychology-of-economics-dies/articleshow/108864640.cmshttps://www.bostonherald.com/2024/03/28/lowell-lands-economic-whale-as-draper-labs-announces-thousands-of-new-jobs/Outline:(00:00:00) Introduction(00:00:37) West Virginia is tapping into tourism's economic potential(00:03:25) Corporate profits soar(00:05:23) Daniel Kahneman, who plumbed psychology of economics, dies(00:08:05) Lowell lands economic whale as Draper Labs announces thousands of new jobs

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