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Author: robert

PB Video Analysis: The Changing Nature of Work

PB Video Analysis: The Changing Nature of Work

In the old days, careers would be long, mortgages cheap and job titles easy to understand. But the nature of working is changing. Our grandparents would struggle to understand what we do… YouTuber, anyone? Income inequality has risen. Job security has disappeared. Is this the result of rapacious capitalists? Is it because of globalist politicians and George Soros? Or are there fundamental forces at work: do the people who employ us just know too much about our economic output? Computers,…

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PB Video Analysis: Demographics, First They Lift You Up…

PB Video Analysis: Demographics, First They Lift You Up…

Economically speaking, the last two centuries have been pretty good for much of Europe, North America and Asia. People live longer, are healthier, and are richer than ever before. Before about 1850, economies grew slowly, barely more than a percent a year on a per capita basis. Since 1850, they’ve powered ahead. This spurt is usually attributed to technology – you know, the industrial revolution, electricity, Angry Birds, that kind of thing. But something else also matters: demographics. In short,…

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PB Video Analysis: Five Questions

PB Video Analysis: Five Questions

So, I started doing these videos a couple of months ago, and some of them have been very successful. And others are about the Italian economy. In doing so, I discovered something: if you put video content out onto the web, you will get deluged in comments. So, I’ve been accused of being a racist, and of being soft on illegal immigrants. I’ve also received a ton of emails asking me questions, some of which were not (metaphorically) written in…

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PB Video Analysis: What Chance a US-UK Free Trade Deal

PB Video Analysis: What Chance a US-UK Free Trade Deal

Brexit is approaching. And with it – in President Trump’s mind – comes an opportunity for a transatlantic free trade deal, bringing together the World’s two largest English speaking democracies. Atlantacists in Britain are excited, those who believe we should be supping with the Europeans are scared. But before the trigger is pulled, what are the compromises that would be needed to put together a US-UK free trade deal? Could Dr Liam Fox get something in place before the 2020…

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PB Video Analysis: Will Donald Trump be Re-Elected in 2020?

PB Video Analysis: Will Donald Trump be Re-Elected in 2020?

https://www.youtube.com/watch?v=KdakzE5R9n8 So, after many economics and finance related posts, I thought why not do a politics one? It’s a simple question: will President Trump be re-elected in 2020? But while the answer will – Schrodinger’s cat-like – resolve itself when the box is opened in two years time, for now the answer is unknowable. Which is the stronger force: an improving economy or the drip, drip of scandals? What matters more: who the Democrats choose or whether inflation returns? And…

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PB Video Analysis: How To End Illegal Immigration

PB Video Analysis: How To End Illegal Immigration

OK, call me Amerocentric, but this video is really all about the US and illegal immigration. Specifically, in the US more than 3% of people are illegal immigrants, more than twice the level of the UK, four times that of Switzerland, and something absurd relative to Norway. Now, the US has poor people on its Southern border – but probably fewer than Europe has on its. Mexico is as rich as Turkey, and a lot richer than – for example…

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PB Video Analysis: Five Things That Will Surprise You

PB Video Analysis: Five Things That Will Surprise You

https://youtu.be/OCOFYFDLWic We’re all routinely wrong. Mostly that’s because we’re simply don’t know any better. But increasingly it’s the result of us reading things on Facebook, Twitter, and the like that push persuasive narratives. The stories make sense, so we believe them. But all too often, the data and stories don’t match. And when they don’t… well, our first instinct is to discard the data, looking for reasons why it’s not true. So this video looks at five things where reality…

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PB Video Analysis: How Bad Is The US-China Trade Deficit?

PB Video Analysis: How Bad Is The US-China Trade Deficit?

The US runs a trade deficit with China of $375bn. It’s a staggering number, larger than the economies of Ireland or Israel. Little wonder than Donald Trump frets that the US is being taken advantage of. But how meaningful are bilateral trade numbers anyway? Should governments aim to balance volumes of trade with other countries, or is it all a bit irrelevant? And if you impose tariffs on countries with whom you have deficits, will your overall balance of trade…

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