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Inside the Economist’s Mind
Economic Insight
55 episodes
1 week ago
Inside the Economist’s Mind is a podcast that opens the door to how economists think, work, and solve real-world problems. Designed for economics students, early-career professionals, and curious minds, this show explores the logic behind big decisions—combining theory, data, and modelling with practical insights from the field.
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Education
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All content for Inside the Economist’s Mind is the property of Economic Insight and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Inside the Economist’s Mind is a podcast that opens the door to how economists think, work, and solve real-world problems. Designed for economics students, early-career professionals, and curious minds, this show explores the logic behind big decisions—combining theory, data, and modelling with practical insights from the field.
Show more...
Education
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The World Ahead 2025
Inside the Economist’s Mind
18 minutes 24 seconds
3 months ago
The World Ahead 2025

"The World Ahead" is an **annual predictive publication** from The Economist, released every November. It serves as a **forward-looking guide**, offering in-depth analysis, forecasts, and informed speculation across a wide spectrum of global affairs for the upcoming year.


The Transformative Impact of Donald Trump's Return: A significant focus is placed on the ramifications of Mr. Trump's re-election, anticipating shifts in **U.S. immigration policy** towards mass deportations and stricter border controls. Globally, this is expected to lead to **renewed trade wars**, particularly with China, and a more transactional American foreign policy that could **strain traditional alliances**, raising questions about global security commitments. His administration is likely to push for a **winding down of the Ukraine conflict** and grant Israel greater autonomy in its regional engagements. The publication also notes the world's entry into a **"third nuclear age"** with more weapons and fewer arms control treaties, presenting new challenges for his presidency.

Accelerating Technological Evolution and Its Constraints: The publication highlights a **"crunch time" for artificial intelligence (AI)**, with massive investments in data centers and advanced chips (like Nvidia's Blackwell), yet also acknowledges concerns about patchy adoption, uncertain real-world productivity boosts, and looming issues with data supply and regulation. On a more positive note, AI is expected to **accelerate drug development**, with AI-inspired medicines nearing regulatory approval, and will play a role in **cancer vaccine advancements**. The clean energy sector is poised for a **boom in grid-scale energy storage**, driven by renewable energy surges and demand from AI data centers, alongside progress in diverse storage technologies and even **fusion power** moving closer to commercial viability through private ventures.

* **Evolving Global Geopolitics and Regional Dynamics**: Challenges and opportunities are foreseen across continents. **China's aging population** is driving the development of a "silver economy," while its entrepreneurs navigate domestic policy shifts and U.S. chip bans, pushing many Chinese firms to **expand globally** to circumvent tariffs. Conflicts in **Sudan**, the **Middle East**, and rising tensions in the **South China Sea** are identified as critical flashpoints. Europe is urged to bolster its **defence capabilities**, facing a potential decrease in U.S. security commitment. India's economy is projected to **overtake Japan's**, though without creating a comparable "China shock," and democratic stability in various Asian nations, like Indonesia and Thailand, faces challenges.

* **Key Economic and Societal Trends**: The **American economy is anticipated to remain robust** despite potential risks from Trump's protectionist and anti-immigration policies. The **British economy** seeks sustained growth after years of sluggishness, with domestic political fragmentation anticipated within the new Labour government. There's an expected **backlash against "radical" diversity, equity, and inclusion (DEI) schemes**, leading to their "slimmed down" adoption, while genuine diversity efforts may continue. The **streaming "golden era" is expected to slow**, with rising prices and more advertisements, while **video game adaptations** are set to become a major force in film and television. Furthermore, the publication explores the potential for global **emissions to peak** and discusses the phenomenon of **"overtourism"** beginning to subside as travel patterns normalize.

* **"Implausible-Sounding Scenarios"**: Reflecting the unpredictable nature of modern times, the publication also explores a range of unlikely but potentially high-impact events for 2025, including a **devastating solar storm**, the use of **4G cellular technology on the Moon**, the possibility of **another global pandemic**, or even the **discovery of lost ancient texts using AI.

Inside the Economist’s Mind
Inside the Economist’s Mind is a podcast that opens the door to how economists think, work, and solve real-world problems. Designed for economics students, early-career professionals, and curious minds, this show explores the logic behind big decisions—combining theory, data, and modelling with practical insights from the field.