How the Economy Works Progress The Real Economy (What Peopled & Businesses Actually Do) 3 Lessons People Businesses Government as a Participant Money & Credit 3 Lessons Money Credit Banks & Financial Plumbing The Policy Levers 3 Lessons The Federal Reserve (Monetary Policy) Fiscal Policy (Congress & the Treasury) Regulation Economic Indicators 4 Lessons Growth Indicators (Where we’re heading) Labor Indicators (The true foundation) Inflation Indicators (The enemy of stability) Financial Indicators (Stress signals) Cycles 4 Lessons Short-Term Business Cycle Long-Term Debt Cycle Innovation Cycles Psychological Cycles What Actually Matters for Building Wealth 1 Lesson What Actually Matters for Building Wealth Crashes & Crises 12 Lessons The Tulip Mania (1630s) The South Sea Bubble (1720) The Great Depression (1929–1939) The Oil Crisis (1973) The Latin American Debt Crisis (1980s) Black Monday Crash (1987) The Savings & Loan Crisis (1980s–1990s) Japan’s Lost Decade (1990s) The Dot-Com Crash (2000–2002) The Great Financial Crisis (2008–2009) The Eurozone Debt Crisis (2010s) COVID-19 Economic Shutdown (2020) Booms & Transformations 9 Lessons The Industrial Revolution (1800s) The Second Industrial Revolution (1870–1914) The Post-WWII American Boom (1945–1960s) The Japanese Economic Miracle (1950s–1990s) The Reagan/Thatcher Market Liberalization Boom (1980s) The Dot-Com Boom (1995–2000) China’s Economic Rise (1980s–Present) India’s Economic Rise (1991–Present) The AI Boom (2020s) Notable Failures & Corporate Collapses 8 Lessons Long-Term Capital Management (1998) Enron Collapse (2001) Lehman Brothers Collapse (2008) Bernie Madoff (2008) AIG Collapse & Bailout (2008) Theranos (2018) Archegos (2021) FTX (2022) Business & Technology Inflection Points 8 Lessons The Information Age (1970s–Present) The PC Revolution (1980s–1990s) The Globalization Wave (1990s–2010s) The Social Media Boom (2000s–Present) The Smartphone Revolution (post-2007) The Rise of Big Tech (FAANG era) Cloud Computing Adoption (2010s) Cryptocurrency & Blockchain Emergence (2009–Present) Successful Country Transformations 3 Lessons Singapore’s Economic Rise (1965–Present) South Korea’s Economic Miracle (1960s–Present) The Rise of the UAE / Dubai (1970s–Present) Retake this course? Retaking this course from the beginning will reset all of your tracked progress. Retake Cancel
