Tag: Economy

Trump Supporters’ Main Problem Was Never The Economy

ROBERTO SCHMIDT/AFP via Getty ImagesSupporters of President Donald Trump rampage through the U.S. Capitol on Jan. 6 as Congress met to count the Electoral Votes that named Joe Biden the winner of the November election. Safe to say, the Donald…

Government funds are not ‘taxpayer money’ — media and politicians should stop confusing the two

Rhetoric plays an important role in tax debate and therefore tax policy. If your side manages to gain traction in the public imagination with labels such as “death tax” or “dementia tax”, you have gone a long way to normalising…

All eyes on Federal Reserve chair Jerome Powell as interest rates creep higher

With long-term U.S. interest rates creeping higher and the stock market rally looking increasingly bubblicious, market participants will have a keen eye on remarks by Fed chair Jerome Powell today at Princeton University. Why it matters: The uncertainty created by…

Democrats seek progressive overhaul of the U.S. financial system

Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…

How Ireland Became 2020’s Fastest Growing Economy

Join the Trends Community today. Get your first week for just ONE dollar!👉 https://trends.co/economicsexplained to get started. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Ireland, or more specifically the Republic of Ireland which is a sovereign nation that is home to 5 million people…

2021 could be the year automation and AI truly accelerate the economy

The coronavirus pandemic hit the global economy hard in 2020, but the economy may be close to consolidating years of technological advances — and ready to take off in a burst of productivity growth. Why it matters: Productivity is the…

What’s the best way to boost the economy? Invest in high-voltage transmission lines

When, in the midst of the pandemic, the Economic Society of Australia invited 150 of Australia’s keenest young thinkers to come up with “brief, specific and actionable” proposals to improve the economy, amid scores of ideas about improving job matching,…

U.K. and EU reach historic post-Brexit trade

The United Kingdom and the European Union have reached a historic trade deal, staving off a potentially catastrophic “no-deal” Brexit cliff on Dec. 31. Why it matters: The two sides appear to have defied the odds, striking a complex free…

The New COVID-19 Relief Package Is Flawed but Essential

Speaking on the Senate floor on Sunday, Chuck Schumer, the Minority Leader, said that the new COVID-19 spending bill that both parties have agreed on was “far from perfect, but it will deliver genuine relief to a nation in the…

2021 will harden the winners’ and losers’ brackets created by the pandemic economy

Heading into 2021, the economy is in a state of gross divergence, presenting opposing narratives that are drifting further apart, creating ostensible winners’ and losers’ brackets. Why it matters: The pandemic has accelerated shifts in the economic makeup of the…

The Economy of Cyberpunk 2077 – A Game of Cautionary Tales (And Bugs)

This video was made possible by our Patreon community! ❤️See new videos early, participate in exclusive Q&As, and more!➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is night city, the futuristic metropolis which is home to most of the action taking place in cyberpunk…