What is a Recession? | Ask an Economist

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  • Опубликовано: 23 дек 2024

Комментарии • 23

  • @kareemkalisari
    @kareemkalisari 2 года назад +2

    It’s part of what made him not only a great economist but a great teacher - someone who could make complicated subjects accessible and even fun. A landmark, real-world study on the positive impact of the minimum wage. His creation of the “Gatsby Curve” that illustrated the connection between concentrated wealth and social mobility between generations. A rollicking speech at the Rock and Roll Hall of Fame on how understanding the economics of rock and roll might help us solve one of his deepest concerns: rebuilding the middle class in a changing economy. Through it all, he had a perpetual smile and a gentle spirit - even when he was correcting you.

  • @kareemkalisari
    @kareemkalisari 2 года назад +1

    He saw economic policy not as a matter of abstract theories, but as a way to make people’s lives better.
    He believed that facts, reason, and evidence could make government more responsive, and his enthusiasm and curiosity was truly infectious.

  • @kareemkalisari
    @kareemkalisari 2 года назад +1

    During his tenure as the Chair of my Council of Economic Advisors, he helped us return the economy to growth and sustained job creation, to bring down the deficit in a responsible way, and to set the stage for wages to rise again.
    But Alan was someone who was deeper than numbers on a screen and charts on a page.

  • @kareemkalisari
    @kareemkalisari 2 года назад +1

    That’s what made him Alan - a fundamentally good and decent man.
    My thoughts today are with his wife, Lisa, their kids, Ben and Sydney, his many students and colleagues, and everyone who loved and will miss Alan Krueger.

  • @timothyandrews3443
    @timothyandrews3443 2 года назад +11

    This a great video, I learn alot watching your videos and it has been helpful to me. building a steady income is quite difficult for newbies. Thanks to Mrs Leerah Hughs for improving my portfolio,💼
    keep up with good videos
    🚀

    • @christabelbillings3836
      @christabelbillings3836 2 года назад

      I’m surprised you know her too. I’ve been making alot of profits investing with her for a few months now.

    • @clintonmichaelson697
      @clintonmichaelson697 2 года назад

      I invest with Mrs Leerah Hughs too, she charges a 20% commission on profit made after every trading session which is fair compared to the effort she put in to make huge profits

    • @timothyandrews3443
      @timothyandrews3443 2 года назад

      you can communicate with her on TELEGRAM with the username below.

    • @timothyandrews3443
      @timothyandrews3443 2 года назад

      investwithleerah

  • @luigislim
    @luigislim Месяц назад

    Great video, thank you very much

  • @atuljain8922
    @atuljain8922 2 года назад +1

    Suisse credit crises please explain

  • @luvkush2941
    @luvkush2941 2 года назад +1

    Very well👍🏽

  • @kareemkalisari
    @kareemkalisari 2 года назад +1

    When I asked Alan Krueger to serve as my chief economist in the White House, he’d already had a stellar career inside and outside of government.
    He spent the first two years of my administration helping to engineer our response to the worst financial crisis in 80 years, and to successfully prevent the chaos from spiraling into a second Great Depression.

  • @photophoebus
    @photophoebus 2 года назад +1

    awesome!!

  • @JenJen623
    @JenJen623 2 года назад

    I have a question about IMF where I was being told to operate a new account from overseas. I'm required to pay a fees to IMF in order to start the process. Is this true. Truly appreciate your advice 🙏🏻

  • @gonebamboo4116
    @gonebamboo4116 2 года назад +2

    never met a rich economist.
    so just ignore their manipulation

  • @temitopeerinkitola3119
    @temitopeerinkitola3119 2 года назад +1

    Very well done. However, the tricky part is about that "buffer to society " solution...it must be strategically done...Governments must come up with policies that speedily enhances the process. Rather than dole out money, use that to subsidise production, target specific supply chains, those with the highest rate of return and a short "gestation period"...it is a process that takes time but it is entirely worth...people learn to adjust, they do it better when they are guaranteed of a rewarding future...inflation is a global issue now, mostly as a result of enormous spending of governments across the world to cushion the effects of covid, the war also contributed, they gave people cash and food...money spent on an outcome rather than the process...now the world is both in an economic and financial crisis, and the less developed countries bear the brunt of it...my humble opinion!!!

    • @s.m_salam33M
      @s.m_salam33M 2 года назад +1

      Every well done about me :))))

  • @FlyinDogRecords
    @FlyinDogRecords 10 месяцев назад

    Wealth inequality is the issue here. The rich own all the assets. Tax the rich!!!