Latest / Economics Happy Hour Podcast
Is Canada Really Poorer Than Alabama?
A recent headline claimed that Canada’s GDP per capita has fallen below Alabama’s. That sparked a broader conversation about what GDP per capita actually measures and why it can change in surprising ways. We explored possible explanations, including immigration patterns, post-pandemic growth differences, and policy environments. Along the way, we asked a bigger question: what really drives long-run economic growth?
In this episode, we talk about:
* Why GDP per capita in Canada now trails Alabama’s
* The difference between GDP per capita and median income
* How immigration can lower averages…
The skinny
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