20 episodes

Covering the entire globe, I try to explain economics in an engaging manner.

Economics with Mani Manraj Nijjar

    • News

Covering the entire globe, I try to explain economics in an engaging manner.

    15 - Inflation and Unemployment: Frenemies?

    15 - Inflation and Unemployment: Frenemies?

    With inflation soaring and the central bank raising interest rates, many are wondering about the relationship between unemployment and inflation. I explain the original Phillips curve and how it was debunked in the 70's. Finally, I explain what the new Phillips curve says. Full video: https://youtu.be/RNPyrIsgCdg#phillipscurve #unemploymentandinflationMore videos: When was US inflation LAST this HIGH? - https://youtu.be/kxFes-Hil7c The Inflation Reduction Act ...

    • 3 min
    14 - Why is Wage Growth So SLOW?

    14 - Why is Wage Growth So SLOW?

    Over the past few decades wage growth has been very slow. I explain why this is an issue given how inflation is soaring. I give two potential explanations: decentralised labour markets (enterprise bargaining) and slow productivity growth. Full video: https://youtu.be/_JkShN7ZeCY More videos: When was US inflation LAST this HIGH? - https://youtu.be/kxFes-Hil7c The Inflation Reduction Act - https://youtu.be/_y9VVm8Ee3s Social: Facebook: https://www.facebook.c...

    • 3 min
    13 - The Inflation Reduction Act: What Does it Even Do?

    13 - The Inflation Reduction Act: What Does it Even Do?

    The inflation reduction act was recently signed. But behind the confusing name and the range of different policies included, it can be difficult to figure out exactly what the impact of this bill will be. I give a simplified explanation of what this bill is about. How it won't really affect inflation, and how it's mainly a climate change bill. Finally I explain how this bill will be paid for: via additional taxes on firms and a big budget upgrade for the IRS. Full video: https://youtu.be...

    • 4 min
    12 - When Was US Inflation Last This High?

    12 - When Was US Inflation Last This High?

    With inflation so high, many are drawing comparisons to the huge inflation we saw in the 1970's. In this video I explain what led up to the "great inflation" of the 1970s as well as what makes the situation back then different from today. Time stamps 00:00 | Preview 00:19 | Memory refresher 00:33 | Misconceptions 00:51 | Factors Leading to 70's Inflation 01:57 | Difference 1 - Stagflation 02:41 | Difference 2 - Market flexibility 03:28 | Differenc...

    • 4 min
    11 - Why Construction Costs are NOT Going DOWN!

    11 - Why Construction Costs are NOT Going DOWN!

    With construction costs going through the roof, many want to believe that they will go down soon. In this video I discuss the inflationary pressures driving costs up in the construction industry from labour shortages to shipping delays. Finally, I explain why construction costs are likely to continue rising although at a slower pace for the coming years. Time stamps 00:00 | Preview 00:31 | Context 00:44 | Labour shortage 01:25 | Material shortages 01:51 | Shippin...

    • 3 min
    10 - Property Development - 4 Steps That You NEED to Know!

    10 - Property Development - 4 Steps That You NEED to Know!

    At the most fundamental level, property development can be broken down into four distinct areas. Failure to manage any one of these 4 areas can limit the probability of turning a profit as a property developer. In this video I explain how financing is only 1 of the 4 steps required to be a successful property developer. Time stamps 0:00 Intro 0:10 1)Purchasing site 01:01 2)Financing 01:50) 3)Construction 02:44 4)SellingMore videos...

    • 3 min

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