In this episode of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, explores how risk - or the possibility of unexpected outcomes - shapes today’s economy and the decisions we make every day.
Whether in global markets or our own households, consumers face situations where results are unpredictable — sometimes challenging, sometimes creating opportunity.
- Uncertainty is a defining feature of today’s economy. Ever-changing trade patterns, technological innovation and global events mean openings for new risks and possibilities.
- When risk increases, it prompts families, businesses, and investors to adapt, innovate and make more strategic choices in response to changing circumstances.
- By understanding that risk is about the likelihood of both gains and losses, we can make more confident decisions and help shape a more resilient future.
In economics, only one thing is certain: uncertainty. The real advantage comes from understanding it — and using that insight to build resilience for whatever comes next.
Michelle Meyer Chief Economist and Head of the Mastercard Economics Institute
Access previous episodes here:
Episode 6
The AI economy: turning innovation into impact
In this episode of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, explores how AI is reshaping the way we live, work and spend.
Episode 5
Circular sporting gear: rethinking what "new" mean
In this episode of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, explores how circular spending has reshaped back-to-school shopping. From refurbished gear to resale platforms, families are making choices that reflect a changing economy.