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Institute for New Economic Thinking
Is History Important? [Robert Skidelsky]
If we’re headed for a recession, blame the economists who flunked history class.History has long been downplayed by economists, even though it holds the keys to answering some of the most important questions today. Why did the stock...
Institute for New Economic Thinking
Fighting Neoliberalism with Keynes & Minsky?
Riccardo Bellofiore explains how managerial capitalism of the post-war era entered into a crisis of profitability in the 1970s, and subsequently metamorphized into a new stage, where the role of banks changed, households became net...
Professor Dave Explains
The Difference Between Fiscal and Monetary Policy
Governments are typically concerned with curbing both unemployment and inflation, and there are two ways they approach this, fiscal policy and monetary policy. These are tools that can be used to speed or slow economic growth. What are...
Economics Explained
Why Economists Never Agree on Anything?
An economy is a collection of production and consumption processes that are all working towards solving the central economic problem. The problem is that we only have access to a finite amount of resources, but the potential for human...
Professor Dave Explains
Business Cycles: Boom and Bust
We are all somewhat familiar with economic expansion and recession. And pretty much everyone has heard of The Great Depression. What are recessions and depressions? How do we describe the business cycles that produce them? Let's define...
Bloomberg
Skidelsky: Trump Is an 'Instinctive Keynesian'
Jan.31 -- Warwick University Professor Emeritus Robert Skidelsky and Geoffrey Yu, head of U.K. investment officer at UBS Wealth Management, discuss the market impact of U.S. President Donald Trump's unpredictability. They speak with...
Emergent Order
Deck the Halls with Macro Follies
Does consumer spending really grow the economy? Check out this well-produced, comical and memorable video to consider this question with your young economists.
Macat
An Intro to Keynes’s The General Theory of Employment, Interest and Money
How quickly can an economy recover from a shock? John Maynard Keynes challenges the classical economist view of a self-correcting economy with his 1936 work, The General Theory of Employment, Interest and Money. A short view...
Crash Course
Economic Schools of Thought
Adam Smith, Karl Marx, and John Maynard Keynes held different beliefs about economic systems that evolved from their predecessors, and then shaped by their countries' economic situations. A video from Crash Course Economics...
Crash Course
Fiscal Policy and Stimulus
A country with high recessionary and inflationary gaps has several options to stimulate growth. A video focused on fiscal policy inspires young economists to explore the ways a government can influence, regulate, and stabilize (or...
Emergent Order
Hayek's Gift
Two economists walk into a restaurant...Here is a fun video clip that provides a small glimpse into the influential economic theories of John Maynard Keynes and Friedrich Hayek.
Emergent Order
Fight of the Century: Keynes vs. Hayek Round Two
In a witty and entertaining video, world-renowned economists John Maynard Keynes and Friedrich Hayek come to life and debate impact of government spending on the economy through the medium of a rap song and metaphor of a boxing match.
Emergent Order
Robert Skidelsky on Keynesian Economics - It's All About Spending
Get the full scoop on John Maynard Keynes and the origins of his incredible influence on macroeconomics and the role of government. British economist Robert Skidelsky offers unique insight into Keynesian economics and its fundamental...
Emergent Order
"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
Opt out of another dry economics lesson with this crazy video featuring a performance and rap song about the contributions and theories of economists Friedrich Hayek and John Maynard Keynes. The primary topic of focus is a boom...
Crash Course
Crash Course Economics #14: Economic Schools of Thought
Crash Course Economics video discusses various economic schools of thought such as Keynesian, socialism, communism, the Chicago and Austrian schools. [10:04]
Khan Academy
Khan Academy: Keynesian Thinking: Risks of Keynesian Thinking
Do you know why Keynesian thinking might not be ideal sometimes? This video lecture focuses on exploring Keynesian thinking and this risk of using this economic model. [8:13]
Khan Academy
Khan Academy: Keynesian Thinking: Keynesian Economics
Contrasting Keynesian and Classical Thinking
Khan Academy
Khan Academy: Risks of Keynesian Thinking
This video [8:14] explains why Keynesian thinking might not be ideal sometimes.
Khan Academy
Khan Academy: Connecting the Keynesian Cross to the Is Curve
This video is an introduction to the investment/savings curve. [9:57]
Khan Academy
Khan Academy: Details on Shifting Aggregate Planned Expenditures
Sal Khan shows how a change in government spending can lead to a new equilibrium. [11:45]