How a complex global trade system has reduced poverty, raised incomes, increased productivity, and lowered prices while a trade war will reverse those trends. In this episode you’ll learn: Why does the U.S. run such a huge trade deficit with China. What has the U.S. tariff rate on imports been historically. How global trade decreased poverty. Why there are both good and bad unintended consequences. How businesses adapt to tariffs. Show Notes The Power Economy by John Oliver … [Read more...]
177: How Business Contributes To Income Inequality
How high profits and low investment by business in R&D and workers lead to income inequality. Why the current situation is unsustainable and what can be done about it. In this episode you’ll learn: Show Notes As Amazon Pushes Forward With Robots, Workers Find New Roles - New York Times Gone with the Headwinds : Global Productivity - International Monetary Fund Too much of a good thing. Profits are too high - The Economist Profits Without Prosperity - William … [Read more...]
154: Do Homeowner Tax Breaks Cause Homelessness?
How a transitioning economy, government regulation and tax policy have contributed to stagnating wages, rising housing costs, and homelessness. In this episode you'll learn: Show Notes Differing attitudes for various population groups towards homeless people - Krajewska-Kułak E. et al. Housing America: Issues and Debates - Emily Tumpson Molina The Underserving Poor: America's Enduring Confrontation with Poverty - Michael B. Katz Income and Poverty in the United States - … [Read more...]
142: Why Are Some Nations Wealthier Than Others?
Poor nations work harder than rich ones. Why then are they still poor? In this episode you'll learn: Show Notes OECD Average Annual Hours Worked Per Worker Salaries In Mexico Numbeo Cost of Living The Facts of Economic Growth - Charles I. Jones BEA Gross Domestic Product By Industry data Exponential - Bruno Giussani - Edge Peer Street Wunder Capital Summary Article Why Are Some Nations Wealthier Than Others We were walking home from dinner the … [Read more...]
141: The Universal Law You Need To Overcome To Thrive
How to overcome the second law of thermodynamics in investing and living. In this episode you'll learn: Show Notes The Second Law of Thermodynamics - Steven Pinker - Edge Neanderthals Were People Too - Jon Mooallem - New York Times Just 8 Men Own Same Wealth As Half The World - Oxfam Spirit and Place - Christopher Day Peer Street Summary Article Combatting Disorder With Beauty I found Maria sitting on the outside step of a small convenience store on the … [Read more...]
