TLDR News
Will The UK Become A Tax Haven After Brexit? - Brexit Explained
After Brexit, the UK will have a lot more control over their laws, taxes and tariffs. It could, and according to some, should use this power to become a tax haven. So can the UK become a tax haven and should it?
ACDC Leadership
Micro Unit 2, Question 5: Double Shifts in Supply and Demand
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
Mediacorp
Exploring Poverty in Singapore
This video focuses on government handouts and there attempts to bridge the ever widening class gap. Furthermore, it questions whether it is structural or social factors which best explain the class disparity. Regardless of Class part 7/8
ACDC Leadership
Macro 3.12- Economic Growth
Mr. Clifford explains how to show economic growth on the aggregate demand and supply model. LRAS shifts when there is a change in the quantity of resources, technology, or productivity.
Curated Video
Understanding Deflation and Its Consequences
This video provides an explanation of what deflation is and the consequences that come with it, which includes a reduction in real output, consumption, and investment. The speaker uses Japan as an example of an economy that has suffered...
Institute for New Economic Thinking
Eric Weinstein: What Math and Physics Can Do for New Economic Thinking
Welcome to our video series called "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today. This episode features...
Curated Video
Understanding the Different Types of Unemployment in Economics
In this video, the speaker discusses the different types of unemployment in economics and provides explanations and examples for each one. The four main types of unemployment discussed are cyclical unemployment, seasonal unemployment,...
Curated Video
The Three Functions of Prices in a Market Economy
The video discusses the role of prices in a market economy and how they serve three main functions: rationing goods, providing incentives to economic agents, and signaling the state of a market. It explains how the price mechanism works...
Institute for New Economic Thinking
‘Stratification’ Theory Tackles the Racial Blindspots of Orthodox Economics
Economist Darrick Hamilton and Institute President Rob Johnson discuss “stratification economics”, which addresses the failure of orthodox economics to see, explain and point to remedies for persistent racial inequality.
Institute for New Economic Thinking
What Financial Regulators Can Learn from Network Theory
When regulators seek to identify systemically important financial institutions (SIFIs), they tend to focus on an institution's size and connectedness. But this approach mises an important dimension of systemic risk, according to Imre...
Curated Video
The Best Way to Measure Inequality
Thomas Piketty and his colleagues have insisted that tax records are better for measuring inequality than income surveys. They’re wrong. James K. Galbraith, the Lloyd M. Bentsen Jr. Chair of Government/Business Relations at the Lyndon B....
Institute for New Economic Thinking
David Weinstein - When Banks Fail, the Case of Japan
What happens to Main Street when Wall Street fails? Japan expert David Weinstein squeezes a unique data set to answer this question. While in the US you will find data on banks and data on firms separately, in Japan there's data that...
Institute for New Economic Thinking
Can Economics Be a Value Neutral Science?
INET President Rob Johnson talks with Michael Sandel about the consequences of financialization, and how economics' obsession with self-interest has failed society.
Institute for New Economic Thinking
The Economics Analogy to the Revolution in Physics - Martin Wolf
Economics is poised to go through a process similar to what physics did in the early 20th century when the Theory of Relativity superseded Newtonian physics, but did not negate it.
ACDC Leadership
The Shut Down Rule- Old Version
My 60 second explanation of the shut down rule. When the price falls below AVC a firm should shut down and produce nothing. It is better for them to take their fixed costs as a loss then to continue to produce.
Institute for New Economic Thinking
Narrative as Destiny: Steering Markets and Innovation to Serve Society
Tim O’Reilly, founder and publisher of O’Reilly Media, technology thought leader, and investor known to many as the “conscience of Silicon Valley,” brings a lens of storyteller to explore the role of technology and economics in today’s...
Institute for New Economic Thinking
The Discreet Charm of the Bourgeoisie?
Capitalism may not be much in fashion among younger Americans these days, but renowned University of Illinois at Chicago economist Deirdre McCloskey believes the system holds the key to expanded prosperity and human liberation. In this...
ACDC Leadership
Graphing Practice- AD/AS and the Phillips Curve
In this video I explain how to show recession and inflation on four different models: AD and AS, Phillips Curve, PPC, and Business Cycle. Enjoy!
PBS
The Ugly Truth About Airline Miles
That "free" vacation might be costing you a lot more than you think...
Curated Video
Understanding Government Failure in Economics
This video discusses the concept of government failure and why it occurs in certain situations where a government intervention has a harmful effect on society's welfare despite being intended to improve it. The video provides examples of...
ACDC Leadership
Bank Balance Sheets Practice- Macro 4:13
In this video I explain what a bank balance sheet is and help you practice calculating the reserve ratio, the required reserves, the excess reserves, and the total change in the money supply. Remember that the total change in the money...
Curated Video
Competition Policy: Principles and Practices in the UK
This video introduces the topic of competition policy and explains why governments are interested in promoting competition. It outlines the benefits of competition, such as lower prices for consumers and the idea of consumer sovereignty....
Curated Video
Individual and Market Supply Curves: Understanding the Differences and Deriving the Market Curve
This video is about individual supply curves and market supply curves in the context of economics. It explains how each firm within an industry decides on how much of a given product they want to produce and sell at different prices, and...
Curated Video
Introduction to AD-AS Diagrams and Analysis
This video is an introduction to AD/AS diagrams in macroeconomics. The video covers three separate curves in these diagrams, including the aggregate demand curve, the short-run aggregate supply curve, and the long-run aggregate supply...