Explore the political economy of inflation and the economic lessons learned during the COVID-19 pandemic. Discover why land disappeared from some economic models and the implications for wealth inequality. Learn about Saudi Arabia's financial challenges in implementing Vision 2030. Uncover the economic impact of the upcoming solar eclipse and the opportunities it presents for local businesses and communities.
Sources:
https://www.therepublic.com/2024/04/07/michael-hicks-the-political-economy-of-inflation/
https://www.abc.net.au/news/2024-04-07/why-land-disappeared-from-economic-models-henry-george-australia/103673238
https://english.almayadeen.net/news/Economy/saudi-arabia-bleeding-funds-for-vision-2030--broken-economic
https://www.kwtx.com/2024/04/06/solar-eclipse-could-deliver-6-billion-economic-boom-whole-community-is-sold-out/
Outline:
(00:00:00) Introduction
(00:00:40) Michael Hicks: The political economy of inflation
(00:04:28) Why did land disappear from some economic models?
(00:07:20) Saudi Arabia bleeding funds for Vision 2030: Broken economic model
(00:10:24) The solar eclipse could deliver a $6 billion economic boom: "The whole community is sold out"
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