Economy 99 Economy 99

In this episode I explore the factors behind Communism that cause it to be theoretically ideal scenario. I also look at historically the reasons why it has gone wrong, and how that is due to some fundamental aspects of people and how we organize into groups.

In this episode I go over what trickle down economics is, why it is a convenient myth, and how it can harm society in ways that are hard to see. 

In this episode I delve into why you can't buy a PS5. Why ticket sales have been scalped forever and probably won't be fixed anytime soon. I also go into why scalpers aren't good for either the producer or the consumer. All this to show the economic factors at play with scalping that you may not have thought about.

This episode focuses on the GDP measure, what it is, and what its limitations are. I also highlight the pitfalls of relying too heavily on GDP to make decisions around, wrapping up with some alternatives to suggest and a better way forward.

In this episode I talk about the reasons why using the stock market as the yardstick for an economy is not entirely accurate. I also go over how it can lead law makers astray when crafting policy. I make sure to mix in a not-so-brief history lesson and the potential long term damage of putting too much faith in the stock market.

I'm really excited to announce Economy 99. This a passion project for me to be able to try and articulate the economic ideas that sometimes keep me up at night. With everything going on in the world it may be time to take a step back and rethink, how we deal with money, how we talk about money, and how we got here in the first place. While I won't be able to touch on every aspect of an issue, my hope is to dive deep into these issues. Hopefully, we will all learn something along the way.