Bill Carmody
The Mission Test: Aligning Your Schedule with Your Purpose
In this video, Bill Carmody emphasizes the importance of aligning your schedule with your mission as a business owner. He encourages viewers to evaluate each item on their calendar and determine if it truly contributes to their larger...
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...
ACDC Leadership
2006 FRQ #2- Profit Maximizing with Perfect Competition
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.
Curated Video
Money and Its Core Functions in a Modern-Day Economy
This video discusses the functions and evolution of money in a modern economy. The host explains the three key functions of money, which are medium of exchange, store of value, and unit of account. They also describe the characteristics...
Curated Video
International and Non-Governmental Organizations in Economic Development
This video is a lecture on intergovernmental and nongovernmental organizations that play an important role in promoting economic development around the world. It discusses the International Monetary Fund and World Bank, as well as NGOs...
Institute for New Economic Thinking
Understanding the Economics of Networks
Prof. Sanjeev Goyal explains his general theory of network formation based on individual incentives, and their economic implications
Institute for New Economic Thinking
Fixing the Eurozone
I just re-read the introduction for Hans Werner-Sinn. There's a few grammatical errors that I picked up. Maybe you can replace with this version (which fixes the mistakes): As the interview with Hans Werner-Sinn illustrates, there is no...
Institute for New Economic Thinking
The Regeneration of Economics Going Forward
Lord Adair Turner describes what needs to happen for economics to move forward, and how institutions like INET can help
Institute for New Economic Thinking
Applying the Right Model
In part 3 of INET's interview with John Kay, he tells us what the London Tube map and Max Planck can tell us about oversimplifying systems and models
Bill Carmody
The Devastating Consequences of the War on Drugs
In this video, Richard Branson discusses the recent events in Crock Alandia, highlighting the negative consequences of the war on drugs. They criticize the actions of the mayor, who invaded the area where drug dealers and users used to...
Bill Carmody
Treating Your Best Customers: The Key to Retention and Support
Your best customers should know that they are your best customers and you should treat them as so. In this video, Bill Carmody explains why.
Institute for New Economic Thinking
Gerald Epstein - Banks: How Big Is too Big?
We all know it: The financial sector is bloated and banks are too big to fail. But just how bloated is it, and how much should it be shrunk? Gerald Epstein and his collaborator James Crotty use both micro and macro data to deliver the...
Institute for New Economic Thinking
Adam Posen: What Japan and the UK Demonstrate about Macroeconomic Stimulus
Welcome to our new 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 first episode...
Curated Video
Understanding the Balance of Payments and its Significance for Economic Performance
This video lesson is an introduction to the balance of payments, a financial document that measures a country's economic activities with all other countries over a period of time. The instructor explains the components of the balance of...
Curated Video
Understanding the Importance of Trade Balance in Goods and Services
In this video, the trade balance of a country in terms of goods and services is discussed as an important indicator of the country's competitiveness in the global market. The video also discusses the impact of trade deficits and...
Curated Video
Interventionist Strategies for Economic Development
This video discusses interventionist strategies that can be implemented in developing economies to capture the benefits of economic development. The focus is primarily on trade policies, such as import substitution and protectionism, at...
Curated Video
Understanding Exchange Rates
The video provides an overview of exchange rates and their importance in the global economy. The video also delves into the impact of exchange rate fluctuations on a country's competitiveness in terms of trade, and how a fixed vs....
ACDC Leadership
Consumer and Producer Surplus and Dead Weight Loss
My 60 second explanation of consumer's surplus (CS) and producer's surplus (PS) and how to identify where it is on the graph. The bonus round shows how a price ceiling changes CS and PS and results in dead weight loss.
Curated Video
Income and Wealth Inequality: Causes and Consequences
The video is a lesson on the topic of inequality in economics. The presenter explains the difference between income and wealth and how an unequal distribution of these can result in market failure. The video also touches on the impact of...
Bill Carmody
Know Your Best Customers: Securing Your Future in Marketing
Most businesses don't know who their best customers are. Bill Carmody tells you why you must know who your best customers are in order to grow and succeed.
Institute for New Economic Thinking
Brunnermeier: Europe’s Future Will Be Settled By a Battle of Ideas
Interviewed by Institute President Rob Johnson, Princeton Professor Markus Brunnermeier — co-author of Europe and the Battle of Ideas — sees the fate of the embattled European union as depending on the outcome of a battle of ideas...
Institute for New Economic Thinking
Ha-Joon Chang: Economics Upside Down
In INET's full interview with Ha-Joon Chang, he discusses some ideas that seem contrary to traditional thinking in economics, such as free trade does not necessarily make countries richer, and that there is no such thing as a free market.
Institute for New Economic Thinking
Irwin Collier - How Economists Used to Be Made
Economists aren't born, they're made. Irwin Collier digs into archives to find out how Paul Samuelson and his generation were made. What did they learn, and how did they learn it? While today's graduate schools focus on quantitative...