Simply Economics Simply News from Qurrent

Economics must go back to its basics to stay relevant in a rapidly changing world. Explore the profound transformation of economics due to the digital revolution and rise of artificial intelligence. Plus, discover the environmental impact of superyachts and the need for greater sustainability in the industry.Sources:https://www.livemint.com/opinion/online-views/revive-political-economy-economics-must-go-back-to-its-basics-to-stay-relevant-11717916614331.htmlhttps://fortune.com/europe/2024/06/09/climate-economics-worlds-6000-superyachts-its-not-an-entirely-rational-decision/https://www.livemint.com/opinion/online-views/revive-political-economy-economics-must-go-back-to-its-basics-to-stay-relevant-11717916614331.htmlhttps://www.winnipegfreepress.com/business/2024/06/08/home-uneconomicsOutline:(00:00:00) Introduction(00:00:47) Revive political economy: Economics must go back to its basics to stay relevant(00:03:22) The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’(00:07:04) Revive political economy: Economics must go back to its basics to stay relevant(00:10:29) Opinion: Opinion: Buying a first home unlikely to get less challenging anytime soon, even with rate cuts

Non-Farm Payrolls mislead as the labor market weakens and inflation falls. ODU experts announce a positive economic outlook for the Hampton Roads area. Plus, state and local economic leaders call for more remote work opportunities. Also, an opinion piece explores the path to effective growth amidst housing affordability challenges in Canada.Sources:https://www.forbes.com/sites/greatspeculations/2024/06/07/non-farm-payrolls-mislead-the-labor-market-is-weakening-inflation-is-falling/https://www.wavy.com/news/local-news/odu-experts-announce-positive-economic-outlook-for-hampton-roads-area/https://www.wvnstv.com/news/state-and-local-economic-leaders-call-for-more-remote-work-opportunities/https://www.winnipegfreepress.com/business/2024/06/08/home-uneconomicsOutline:(00:00:00) Introduction(00:00:41) Non-Farm Payrolls Mislead: The Labor Market Is Weakening; Inflation Is Falling(00:02:55) ODU experts announce positive economic outlook for Hampton Roads area(00:06:07) State and local economic leaders call for more remote work opportunities(00:08:15) Opinion: Path to effective growth requires a balanced approach

Harvard economist Raj Chetty offers hope and strategies for economic inclusion. Croatia ponders mass exodus and economic woes ahead of Sunday's vote. AI aligns with Africa's economic landscape. The financial reality facing middle-class America.Sources:https://www.guilford.edu/news/2024/06/guilford-dialogues-raj-chetty-offers-hope-strategies-economic-inclusion-greensboro-andhttps://www.euronews.com/my-europe/2024/06/07/croatians-ponder-mass-exodus-and-economic-woes-ahead-of-sunday-votehttps://www.africanews.com/2024/06/06/ai-aligns-with-africas-economic-landscape-business-africa/https://www.deseret.com/utah/2024/06/06/middle-income-america-struggles-utah-cities/Outline:(00:00:00) Introduction(00:00:42) At Guilford Dialogues Raj Chetty Offers Hope, Strategies for Economic Inclusion in Greensboro and Beyond(00:03:23) Croatians ponder mass exodus and economic woes ahead of Sunday vote(00:05:37) AI aligns with Africa’s economic landscape {Business Africa}(00:08:31) The financial reality facing middle-class America

The UK's statistics watchdog investigates Rishi Sunak's use of the term 'economy going gangbusters'. Boab Metals enhances its Sorby Hills Project economics. Plus, a look at Oregon's latest economic forecast and the Indiana Research Consortium's efforts to advance tech and promote economic growth.Sources:https://www.theguardian.com/business/article/2024/jun/06/uk-statistics-watchdog-to-investigate-sunaks-use-of-term-economy-going-gangbustershttps://www.tipranks.com/news/company-announcements/boab-metals-enhances-sorby-hills-project-economicshttps://www.opb.org/article/2024/06/05/think-out-loud-oregon-latest-economic-forecast/https://news.nd.edu/news/indiana-research-consortium-will-advance-tech-promote-economic-growth-and-attract-top-talent-and-industries-to-the-state-of-indiana/Outline:(00:00:00) Introduction(00:00:40) UK statistics watchdog to investigate Sunak’s use of term ‘economy going gangbusters’(00:03:24) Boab Metals Enhances Sorby Hills Project Economics(00:05:44) A look at Oregon’s latest economic forecast(00:08:34) Indiana Research Consortium will advance tech, promote economic growth and attract top talent and industries to the state of Indiana

Discover the domino effect of global economic threats and the interconnectedness of challenges faced by business leaders. Explore the socio-economic and political implications of the Paris 2024 Olympic Games. Uncover the truth behind the myth of deglobalization and its consequences. Stay informed about the complex world of economics with 'Simply Economics'.Sources:https://fortune.com/2024/06/04/global-business-leaders-worries-risk-climate-change-inflation-cyberattacks-interconnected-problems/https://thepeninsulaqatar.com/opinion/04/06/2024/paris-2024-a-crossroads-of-sports-economics-society-and-politicshttps://www.foreignaffairs.com/china/globalization-dangerous-myth-economy-brad-setserhttps://thepeninsulaqatar.com/opinion/04/06/2024/paris-2024-a-crossroads-of-sports-economics-society-and-politicsOutline:(00:00:00) Introduction(00:00:42) The economic threats global business leaders worry about most—and how they could have a domino effect(00:03:27) Paris 2024: A crossroads of sports, economics, society and politics(00:06:20) The Dangerous Myth of Deglobalization(00:09:00) Paris 2024: A crossroads of sports, economics, society and politics

Renowned economist criticizes China's unwillingness to boost consumer demand. Explore the need for a new international economic order. Plus, gold prices await US economic reports and Thai economy shows signs of growth.Sources:https://theedgemalaysia.com/node/713956https://news.cgtn.com/news/2024-06-03/Building-a-stable-international-economic-order-1u3m9hrHWQ8/p.htmlhttps://www.thehindubusinessline.com/markets/gold/gold-prices-unchanged-as-market-awaits-us-economic-reports/article68245387.ecehttps://www.thailand-business-news.com/economics/143950-thai-economy-improved-in-april-with-growth-driven-by-tourist-arrivalsOutline:(00:00:00) Introduction(00:00:40) Economist says China is ‘bizarrely unwilling’ to boost demand(00:02:45) Building a stable international economic order(00:05:56) Gold prices unchanged as market awaits US economic reports(00:08:21) Thai economy improved in April with growth driven by tourist arrivals