The $400 Trillion Problem No One Wants to Tal...

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  Show more

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  Show more

“There’s nothing natural about 30-, 40-, 50- fold differences in income per capita in a globalised, connected world.” Daron Acemoglu, economic sciences laureate 2024, speaks about the root causes of persistent poverty among the poorest nations and how to build the types of inclus ...  Show more

Since Daron Acemoglu just won the 2024 Nobel Memorial Prize in Economic Sciences alongside MIT Sloan professor Simon Johnson and University of Chicago professor James Robinson, we’re revisiting  this powerful episode featuring Acemoglu’s insights from 2023. In his groundbreaking ...  Show more

Is buying a house the biggest financial mistake you could make right now, and will the next Great Depression hit even harder? Morgan Housel reveals the real story. Morgan Housel, partner at Collaborative Fund and bestselling author of ‘The Psychology of Money’ and ‘Same As Ever’, ...  Show more

In 2022, the U.S. Department of Homeland Security announced it was training “robot dogs” to help secure the U.S.-Mexico border against migrants. Four-legged machines equipped with cameras and sensors would join a network of drones and automated surveillance towers—nicknamed the “ ...  Show more