Watch our YouTube Channel for more videos: https://www.youtube.com/channel/UCj77H54JCFCbKTkIaLC8bRQ EconomicRaven discusses everything related to Economy! It's is your weekly dose of economics taught in an easy and fun way. No complicated graphs, no sophisticated formulas, EconomicRaven makes economy easy to understand for people who have always wanted to learn!
Language
🇺🇲
Publishing Since
12/31/2020
Pitch yourself as a guest, propose sponsorships, or reach out directly to the host.
July 5, 2022
<p>WATCH VIDEO HERE: https://youtu.be/x6sLoit6_kM</p> <p>What if you distribute the wealth of the world equally among everyone? Well, Wealth inequality is not a distribution issue entirely. Individual choices and temperament can’t be neglected. A one-time reset does not change anything. Wealth distribution may sound like choosing altruism over greed, but there is a lot more to it. This utopian fantasy attracts a lot of people so let’s dig deep into it. </p> <p>First you have to answer questions like what do you mean by wealth? do you want it to happen as a one-time event? Who would you sell all the assets to? Who would manage this whole event? Do you consider taking money from rich as stealing? How would you redistribute the wealth without halting the production lines? </p> <p>The episode also answers what would happen if you actually go through the process of distributing wealth among everyone. It also discusses scarcity economics, demand and supply, inflation, and various groups inclination with newly found wealth. The video also mentions communism and capitalism . </p> <p>The episode also discusses human psychology and disparity. It also highlights the Pareto Principle also known as the 80/20 rule. Please share your thoughts by writing in the comment section below. </p>
May 2, 2022
<p>WATCH VIDEO: https://youtu.be/xKk6l18yTLw</p> <p>Collective ownership vs private ownership is a debate-able topic in economics. The video highlights some of the things wrong with collective ownership and how it can't sustain in large groups and how fundamentally it goes against the human nature. </p> <p>’What is common to many is taken least care of, for all men have greater regard for what is their own than for what they possess in common with others.’ </p> <p>Some of the issues with collective ownership are: there is a big disconnect between the utilization and obligations, it suppresses individual freedom as you are dependent on other people to use a resource, its capability to drift towards authoritarianism as people who preach collective ownership have a high tendency to enforce their so-called “good idea” as something mandatory. </p> <p>The video also discusses 'the tragedy of the commons', that describes a scenario where individuals have free collective access to a resource without any social structure or governing rules, they act in their self-interest for a while but eventually end up depleting a resource. </p> <p>“For that which is common to the greatest number has the least care bestowed upon it. Everyone thinks chiefly of his own, hardly at all of the common interest; and only when he is himself concerned as an individual. For besides other considerations, everybody is more inclined to neglect the duty which he expects another to fulfill.” </p> <p>#communism #capitalism #socialism </p>
October 5, 2021
<p>WATCH VIDEO HERE: https://youtu.be/Qr-5xJ9p8xY</p> <p>The Netherlands is among the top 20 biggest economies in the world, and a GDP per capita of over fifty thousand dollars. </p> <p>There is this topic that individualistic societies are more likely to gain economic success collectively. The government traditionally had a higher regulatory role in the economy. It remains highly regulated but still a ‘market economy.In fact, it is arguably often referred to as the birthplace of modern capitalism with a history of The Dutch East India Company. </p> <p>It also discusses "Tulip Mania" and "Greater Fool Theory”.It also discusses Groningen gas and it's impact on the Dutch economy as well as "The Dutch Disease". </p> <p>It also discusses certain behavioral economics aspects, employment rate, part-time employment, income inequality, wealth inequality, welfare programs and spending, household debt and housing, population density, tax havens and corporate tax avoidance, importance of Rotterdam, EuroZone and the possibility of Nexit, Agricultural innovation & Wageningen University, and Doughnut Economics. </p> <p>#netherlands #dutch #Amsterdam </p>
Have a different question and can't find the answer you're looking for? Reach out to our support team by sending us an email and we'll get back to you as soon as we can.
Watch our YouTube Channel for more videos: https://www.youtube.com/channel/UCj77H54JCFCbKTkIaLC8bRQ
EconomicRaven discusses everything related to Economy!
It's is your weekly dose of economics taught in an easy and fun way. No complicated graphs, no sophisticated formulas, EconomicRaven makes economy easy to understand for people who have always wanted to learn!
This podcast updates daily.
This podcast is available on 4 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
No, this podcast does not typically feature guests.
Pod Engine is not affiliated with, endorsed by, or officially connected with any of the podcasts displayed on this platform. We operate independently as a podcast discovery and analytics service.
All podcast artwork, thumbnails, and content displayed on this page are the property of their respective owners and are protected by applicable copyright laws. This includes, but is not limited to, podcast cover art, episode artwork, show descriptions, episode titles, transcripts, audio snippets, and any other content originating from the podcast creators or their licensors.
We display this content under fair use principles and/or implied license for the purpose of podcast discovery, information, and commentary. We make no claim of ownership over any podcast content, artwork, or related materials shown on this platform. All trademarks, service marks, and trade names are the property of their respective owners.
While we strive to ensure all content usage is properly authorized, if you are a rights holder and believe your content is being used inappropriately or without proper authorization, please contact us immediately at hey@podengine.ai for prompt review and appropriate action, which may include content removal or proper attribution.
By accessing and using this platform, you acknowledge and agree to respect all applicable copyright laws and intellectual property rights of content owners. Any unauthorized reproduction, distribution, or commercial use of the content displayed on this platform is strictly prohibited.