2 Richest Countries in the World (per capita) 🇨🇭 🇱🇺
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- Опубліковано 29 тра 2024
- Which counties have the highest GDP per capita in the world? What are the causes of this wealth?
Learn Austrian Economics in a fun way!
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00:00 Introduction
00:37 The economy of Switzerland
06:05 The economy of Luxembourg
12:38 Summary
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Econ Clips is an economic blog. Our objective is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, inflation, money, investing, monetary systems, financial markets, financial institutions, cental banks, wealth, financial crises and business cycles. If you want to know how the economy works and understand why it works this way - join us on econclips.com and learn Austrian Economics in a fun way!
These videos are super high quality.
Free markets result in better conditions for the poor. Good video. Thanks!
I personally confirmed this message.
How do you get innovation? Lack of regulation.
great video
Well, these two countries do not have military spending. It's important they live in a geopolitically stable area.
Switzerland has nearly everyone owning a rifle. And they live in the mountains. I think they have it covered.
Oh come on, counties spend 2-3% of GDP on military now. This wouldn't change much.
@@EconClips
Comparing to the country size, it is enough. They wouldn't spend more because its not necessary.
I would pay to see videos of this high quality once a week,; It's amazing that this content is free.
Can you guys do a video on saving vs consuming? It seems our society is geared toward consumption as the primary goal, with incentives aligned to encourage it. I'd like to see something on how our preference for consumption is affecting us, how an economy can incentivize saving more, and what impact this would have if implemented. Would less consumption mean more unemployment?
Switzerland an Luxembourg are very good examples of how good capitalism can be. Why so many countries don't follow their way?