Відео

Love it. Thank you so much for your sharing

Complicated explanation

Very informative

I think promoting graduate education via subsidisation will create a synergy between tech and academia which will create Pareto improvement in the long run and not an externality for people looking to get into acedimia.

thanks for the sharing

Omitted variable bias is leaving out an essential variable.

Easy to fix for the forced rider dilemma, just tax negative externalities and land for the services it receives.

Amazing Video, props to the Profs but also to the editors as this video is still amazing 8 years later.

This is a good video. Austrian economics is just an over-simplication. Blaming interest rates as sole reason for 2008 housing crisis. excessive options and derivatives market, laws allowing financial firms to transfer savings to investment funds to gamble, unethical credit rating system. that is not accounted by original austrian economics.

Amazing debate!! Thank you so much for your insightful analysis!!

Protecting the steel and aluminum industries hurts the appliance and automotive industries.

that is so clearly explained,thank you so much!

hold barrels sell when high

I love how deflation (prices going down) is a bad thing to the Keynesian economist. Oh noes! We will have less slaves to exploit if that happens!

It would have been nice to have a discussion of how the process would work if you did it at scale across the country, but without changing the laws. I suppose that would not illustrate the economic principle as well, but I think it would be interesting because the problem is in some sense one of collective action.

Thanks to this video I could answer the classic "are polar bears counted in GDP?" exam question

So countries that implement PPP projects for hydropower or solar purposely for clean energy will also qualify as electricity is non tradeable? Thanks for sharing this very informative presentation. I think developing countries should look critically about this before implementing PPP for public services that are non tradaeable

It's a trap neoclassical economics isn't worth your while unless it is to pick out it's flaws.

This is a good advice learning😊😊😊❤❤

Welfare programs started develop during the English poor law.

ihave to suck threw paper straws but they cant make Electric planes

Turgot knew France could not afford to pay for the American Revolution in any way shape or form! He tried to warn King Louie but Louie wouldn't listen to him and fired him. Other links say Turgot resigned in protest but to Turgot's credit he never doubted American victory with or without French help.

I offer this theory: Due to the domination of religion, thinkers explained economic concepts (emergent order, human action but not human design) as the grace or design of god(s). It took the Enlightenment for people to look for non-theistic explanations, particularly in economics.

I tried to post, not sure why it was deleted and agree with this dude... look up Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats

I've seen this before and love it. Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats ua-cam.com/video/jbkSRLYSojo/v-deo.html

lets analyze nixons failed attempt to stop inflation instead of addressing fractional reserve lending itself, smart!

fuck corporate profits. bohoo the CEO made 20 less billions that what he would otherwise and paid advertisers to call this move communist

Sounds like some propaganda corporations made up the First time anybody ever slapped them on the wrist

was it greed if you stop because you cant charge more. thats a big money flex that they control the market?

All these years later and democrats still haven’t learned basic economics…

That is such a communistic move I thought communism was the enemy.

This is what happens when you don't let the free market work. Prob. is due to gov. over spending on pointless war. Here's to you JOE.

That was an absolute disaster, and also ILLEGAL.

This is so valuable. I love what you've done with this series. Thank you - it is a great resource to show to my female high school economics students!

Yes being able to afford living without suffering in pain for 12h would make me very happy

People say money cant buy happiness. If i can buy a yacht im happy.

Can’t eat money

LOVE THIS SO MUCH, SO WELL EXPLAINED

Thanks

gdp/c is only good for finding tax havens at this point

NIMBY. Rich leftists are a big hypocritical.

This is a very well conducted discussion; both men speak sense and listen well. It would be good to have a repeat of this meeting, what with everything that's happened since. For instance "...a lot of people feel that the Federal Reserve printed too much fiat money..." - this, prior to the insanity of the printing since March 2020. Mr Sumner makes a good point in that what we need is Government restraint and intelligence. Again, given the political pantomime we find before us, good luck with that hope.

❤

thanks bruv u saved my butt the econs notes buggy 😢

It doesn't even measure the 'things we buy' bro

That's bullshit. That's corpocracy, not corporatism. Corporatism is an economic plan based on the cooperation of the working class and the CEOs, with a common goal of production. Corporatism based itself in the concept of the medieval guilds.

Most Mexicanos were subsistence farmers. That’s what this video leaves out. So when she says subsistence agriculture was hurt as if it’s a small externality. Is wrong. Immigration didn’t increase because the United states looked so much better than their ancestral culture. NAFTA replaced a way of life with cheap goods and increased factory based work conditions

Mickey Mouse!

Well, someone has definitely watched the Prestige by Christopher Nolan :)

Thanks alot! keeps up the quality!