Complex ideas, made clear. Agora Explainers breaks down technical concepts in economics, politics and global affairs into short, accessible passages. From commonly confused terms to ideas that can feel intimidating at first, our explainers make it easier to understand the language behind the issues shaping our world.
Explainers
Central Banks A central bank is a public institution that a nation's currency - or that of a currency union, like the EU - and controls the money supply. It's primary goal is maintaining price stability, though some central banks also carry a mandate to support maximum employment.
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What actually ended Liz Truss’ brief time in office? Why are bond markets having such an effect on UK Prime Minister Andy Burnham's premiership? And what on earth are bond vigilantes - and why do they hold so much power? Government Expenditure When the government wants to spend money,
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100 million dollars. 200 million dollars. 45 million dollars. These are all purported figures on the sum of Elon Musk's extravagant financial investment to his America First super PAC, and the American political system as a whole. However, it is unlikely that newspapers will report of hearing Musk