Try to explain consciousness. Go ahead… we’ll wait. It’s almost impossible, but that doesn’t make it any less real! Same with gravity. You can’t see it, but it shapes every movement you make, and it did long before anyone could fully explain it, even after Isaac Newton put words and math to it. Economic forces work similarly to gravity. You don’t always see them, you might not fully grasp them, but they quietly influence every financial decision you make, from the biggest to the smallest. That’s what today’s show is all about. Alex Mayyasi is a journalist, podcaster, and author of the new book, Planet Money, where he explores the hidden economic forces shaping everyday life. Today we discuss:
- Pricing is more than just a number
- Tariffs as taxes and their impact on quality of goods
- Our personal choices in an uncertain world
- Absolute wealth vs relative wealth
- Expectations for continued economic growth
- Housing supply and demand as a game of musical chairs
- Alex’s new podcast about the business of food, Gastronomics
- And much more!
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