Tag Archives: Economics

International Affairs: “Does The World Need Davos?” (The Economist)

AT THE WORLD EC ONOMIC FORUM, which celebrates its 50th anniversary, The Economist’s editor-in-chief Zanny Minton Beddoes, Anne McElvoy and Patrick Foulis debate the future of the annual alpine gathering.

How did a young academic’s pet project come to be seen as the ultimate A-list bash for global CEOs, political leaders and celebrities alike? Anne McElvoy speaks to the CEO of Youtube, Susan Wojcicki, actress and activist Priyanka Chopra Jonas and Natalia Vodianova, a supermodel and philanthropist, about what they achieve at Davos and the mission behind the glamour. Is it a forum for effective decision-making—or just a week in the snow for the global elite? And finally, snow boots or stilettos?

Runtime: 32 min

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Baby Boomer Economics: “Have Boomers Pinched Their Children’s Futures?”

The post-war baby boom of 1945-65 produced the biggest and richest generation in British history. David Willetts discusses how these boomers have attained this position at the expense of younger generations.

Have The Boomers Pinched Their Children's Futures Lord David Willetts The Royal Institution Video January 23 2020

Lord Willett’s book “The Pinch – How the Baby Boomers Took Their Children’s Future – And Why They Should Give it Back” is available now – https://geni.us/B0Gvq

Watch the Q&A: https://youtu.be/_qEjTXrQ7vs

Lord Willetts is a visiting Professor at King’s College London, Governor of the Ditchley Foundation, Chair of the British Science Association and a member of the Council of the Institute for Fiscal Studies. He is also an Honorary Fellow of Nuffield College, Oxford. Lord Willetts has written widely on economic and social policy.

His book ‘The Pinch’, which focused on intergenerational equity, was published in 2010, and he recently published ‘A University Education’. Lord Willetts served as the Member of Parliament for Havant, as Minister for Universities and Science and previously worked at HM Treasury and the No. 10 Policy Unit.

This talk was filmed in the Ri on 28 November 2019.

Future Of Food: An Inside Look At The Promise Of “Alternative Meats” (Video)

With our current food systems accounting for about a quarter of all greenhouse gas emissions, a growing number of companies are producing an alternative to meat produce. From lab-engineered burgers to fake fish, vegan dining and bug cafes, which ideas could actually help reduce climate change and keep consumers happy.

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Economics: A Review Of The U.S. Economy Over The Decade Of The 2010’s (PBS)

As the year comes to a close, we look back at the past decade in the American economy — the first without a recession since record-keeping began in the 1950s. While unemployment remains at a historic low, wage growth has been sluggish, and inequality continues to divide the country. David Wessel of the Brookings Institution and The Washington Post’s Catherine Rampell join Jeffrey Brown.

Baby Boomer Economics: American 50+ Population Would Be World’s Third Largest Economy (AARP)

From an AARP.org online article:

AARP Real Possibilities logo“As the number of people over 50 grows, that age cohort is transforming markets and sparking new ideas, products and services across our economy,” AARP CEO Jo Ann Jenkins says. “And as people extend their work lives, they are fueling economic growth past the traditional retirement age.

AARP People 50+ are a growing economic engine that benefits society now and in the future December 20 2019

Americans age 50 and up contribute so much to the U.S. economy that they’d constitute the world’s third-largest economy if they were counted as their own country, a major new AARP study finds.

The economic contributions of 50-plus Americans totaled $8.3 trillion last year, which puts them just behind the U.S. and China when measured by gross domestic product.

And that economic impact will grow significantly in decades to come, tripling to more than $28 trillion by 2050 as millennials and Generation Z begin to turn 50 in 2031 and 2047, respectively, the report finds.

To read more: https://www.aarp.org/politics-society/advocacy/info-2019/older-americans-economic-impact-growth.html?cmp=EMC-DSO-NLC-RSS—CTRL-122019-P1-4245164&ET_CID=4245164&ET_RID=46870725&encparam=tVgeMOhoNxx%2bfrc9AGTzSoruA9hrsex1YvrQ7Ez59ks%3d

Economics & Finance: “Economics For People” With Cambridge Author & Professor Ha-Joon Chang (New INET Video Series)

Economics For People With Ha-Joon Chang Institute for New Economic Thinking (INET) Cambridge UniversityIn the new series “Economics For People” from the Institute for New Economic Thinking (INET), University of Cambridge economist and bestselling author Ha-Joon Chang explains key concepts in economics, empowering anyone to hold their government, society, and economy accountable.

 

Lecture 1.1: The Nature of Economics

Lecture 1.2: Five Reasons Why Economics Is Political

Lecture 2: What Is Wrong With Globalization?

To view more videos: https://www.ineteconomics.org/perspectives/videos/economics-for-people

1970’s & 80’s Economics : Former Chairman Of Federal Reservce Paul Volcker Dies At 92

From a Wall Street Journal online article:

He became one of the most unpopular Fed chairmen in history for pushing interest rates as high as 20% to break the soaring inflation that consumed the U.S. economy in the 1970s. But his actions succeeded in bringing inflation, making Mr. Volcker one of the most successful central bankers in history.

Keeping At It Paul VolckerPaul Volcker, who defeated runaway inflation as Federal Reserve chairman in the 1980s, establishing the importance to the economy of an independent central bank, and whose “Volcker Rule” became a controversial element of postcrisis banking regulation in the Obama administration, has died at 92 years old.

Mr. Volcker died Sunday at his home following a long illness, his family said.

Mr. Volcker served in government across Democratic and Republican administrations for almost three decades in roles guiding monetary policy and overseeing the nation’s financial system.

To read more: https://www.wsj.com/articles/paul-volcker-who-guided-u-s-monetary-policy-and-finance-for-nearly-three-decades-is-dead-11575901675

Global Economics: “The Trade War Explained” (The Economist Video)

America and China are edging closer to signing a deal in the trade war. But that won’t mark the end—the issues at the heart of the conflict will be very difficult to resolve.

The world’s leading superpowers are locking horns. Over the past 16 months America and China have been trading blows through tariffs on goods. The impact is being felt on industries worldwide. But what is the story behind the America-China trade war? So the trade war, what have you guys been looking at? The US doesn’t like that China is growing so fast and set to overtake America as the biggest economy in the world if it hasn’t already by certain measures. Basically China and the US are caught in this race of imposing tariffs on each other so the US slaps a high tariff on certain products then China retaliates.

Read more here: https://econ.st/2qQItl6

Top Podcast Interviews: JPMorgan Chase CEO Jamie Dimon On Elizabeth Warren, Income And Economics (60 Minutes)

60-Minutes-LogoFrom a November 10, 2019 “60 Minutes” program: In an interview with Lesley Stahl, the chairman and CEO of JPMorgan Chase talks about Elizabeth Warren and the state of the global economy.