What is the economy, really? In this episode, we discuss the intricate maneuvering of goods, services, and decisions that shape our world. We'll unravel the myths, explore how government policies influence markets, and examine why inflation and wage growth often leave us feeling conflicted. Along the way, you'll discover that economics isn’t simple math—it’s human behavior, culture, and choices all rolled into one big, fascinating puzzle. Tune in to see how your morning coffee connects to the vast web of economic activity!
Recommendations
Holidays for 12/18/24:
- Arabic Language Day
- Bake Cookies Day
- Flake Appreciation Day
- International Answer the Telephone Like Buddy the Elf Day
- International Migrants Day
- National Ham Salad Day
- National Twin Day
- National Wear a Plunger on Your Head Day
- Christmas Bird Count Week
- Cookie Exchange Week
- Drive Sober or Get Pulled Over (Winter Enforcement)
- Gluten-Free Baking Week
- Saturnalia
Links and References: - https://www.investopedia.com/terms/e/economy.asp
- https://youtu.be/2YULdjmg3o0?si=B_SvNG8vMFDkddML
- https://www.investopedia.com/economy-4689801
- https://globalpeoservices.com/top-15-countries-by-gdp-in-2024/
- https://www.investopedia.com/gdp-growth-by-president-8604042
- https://youtu.be/2YULdjmg3o0?si=8ohYgtoD73w1fQQO
- https://ocw.mit.edu/courses/14-03-microeconomic-theory-and-public-policy-fall-2016/pages/instructor-insights/common-misconceptions-about-economics/
- https://www.sbsun.com/2021/10/20/the-3-indicators-of-economic-well-being-and-what-they-really-tell-us/
- https://www.npr.org/transcripts/1197965022
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