PBS
Six Historically True Facts about Money
Money isn't actually valuable. It's just pieces of metal, pieces of paper, or more recently, computer code. So how did money come to be such a driving force of modern life?
ACDC Leadership
Macro Unit 1 Summary- Basic Economic Concepts (Revised 2020)
In this video I cover the basics: scarcity (3:17), opportunity cost, the production possibilities curve (9:57), comparative advantage (15:15) and demand and supply (29:22). I also show you the quick and dirty (22:52). Don't worry, it's...
Economics Explained
Are The "Extreme" Economic Systems Totally Pointless?: Introduction
Karl Marx and Frederick Engels were philosophers, political theorists, and economists responsible for writing the communist manifesto, which is today probably the most widely recognized text outlining a system for a communal economy. An...
Institute for New Economic Thinking
Macroeconomic Hubris
In part 2 of INET's interview with John Kay, he says that unlike with the solar system, it's impossible to know all the laws and principles that govern economic systems
Institute for New Economic Thinking
First Time Economic System Bumping into the Boundaries of the Biosphere - John Fullerton
The founder of the Capital Institute, John Fullerton, says that climate change is just one symptom of a "full-world economy." Interviewed by Daniel Erasmus at King's College, April 2010.
Curated Video
Measuring Income Inequality within an Economic System
This video explains how income inequality can be measured within an economic system using the Lorenz curve and the Gini index. The presenter explains the Lorenz curve and how it visually represents the state of inequality within a...
Institute for New Economic Thinking
Mobilizing the Top 1%
Part 9 of INET's interview with John Fullerton: A transition to a sustainable economy is more than just politics: it's going to take focused energy from a small group of people with tremendous resources
Intelligence Squared
Tony Juniper - How to tackle the Climate Crisis
In light of the potential collapse of our climate, momentum garnered by Greta Thunberg and raging Australian wildfires, Intelligence Squared hosted a climate...[Part 4/5] Tony Juniper Has a Plan to Tackle the Climate Crisis
Economics Explained
The Economics of Automation: What Does Our Machine Future Look Like?: The Bad & The Ugly
The automation economy is here and it's important to understand what our future will look like in a world where we may not have the ability to work in order to provide for ourselves. We will look at what reputable economists have...
ACDC Leadership
Macro Unit 1 Summary- Basic Concept and Demand/Supply
The Macro Unit 1 Summary video is designed to help you understand economics and goes hand-in-hand with my Ultimate Review Packet. In this video I cover the basics: scarcity, opportunity cost, the economic systems, the production...
Intelligence Squared
Joseph Stiglitz: Trickle-down economics is 'absolutely wrong'
Joseph Stiglitz: Trickle-down economics is 'absolutely wrong'.
ACDC Leadership
Why Socialism Analyzing Einstein's Essay
Here is Einstein's article in the Monthly review magazine. Why Socialism? by Albert Einstein This article was originally published in the first issue of Monthly Review (May 1949). It was subsequently published in May 1998 to commemorate...
Professor Dave Explains
The Four Main Economic Systems
We've talked about free market economies and command economies, but the truth of the matter is that nearly every country on Earth utilizes a mixed economy, which blends aspects of each of the aforementioned economy types. Whether talking...
Professor Dave Explains
The Purpose of Mixed Economies
We've talked about free market economies and command economies, but the truth of the matter is that nearly every country on Earth utilizes a mixed economy, which blends aspects of each of the aforementioned economy types. Whether talking...
Curated Video
Policy Approaches to Alleviate Poverty in an Economic System
The video is a lecture presentation on policy approaches to alleviate poverty within an economic system. The speaker covers three areas: fiscal drag effect, the poverty trap, and the unemployment trap, and discusses potential remedies...
ACDC Leadership
Capitalism- EconMovies #10 Hunger Games
EconMovies explain economic concepts through movies. In this episode, I use The Hunger Games to explain the idea of specialization and comparative advantage. I also discuss the advatages and disadvantages of capitalism including the...
Mr. Beat
Capitalism, Socialism, and Communism Compared
Mr. Beat explains the difference between capitalism, socialism, and communism. Karl Marx was the one who first articulated it, but boy is he misunderstood by many today.
Hip Hughes History
World Economic Systems in About Twenty Minutes
HipHughes hops through the essentials of Capitalism and Communism.
Curated Video
Who will close the gap between rich and poor?
Leaders from the world of politics and business in Davos for economic forum as report reveals global inequality
Curated Video
It's not a choice between the economy and the health system, WHO says
Dr. Michael Ryan of the World Health Organization says there is a fear that lifting lockdowns prematurely could lead to a vicious cycle of public health disaster followed by economic disaster.
Curated Video
Beijing Slams Trump’s 125% Tariff, Claims It Threatens Global Economy; 'Won't Back Down'
Beijing has sharply criticised U.S. President Donald Trump's decision to impose a massive 125% tariff on Chinese imports, calling the move a direct attack on global trade norms. China warned that the tariffs not only hurt bilateral...
Curated Video
Could a carbon credit-backed digital currency help us fight climate change?
Toco believes its novel monetary system is a solution for the climate crisis that doesn’t compromise economic growth, but sceptics question whether a lack of oversight will undermine its impact.