TED Talks
TED: How sci-fi informs our climate future — and what to do next | Zainab Usman
Science fiction authors have warned us for decades: division among global leaders can quickly create dystopia. Political economist Zainab Usman thinks present-day power struggles may seriously hinder the world's ability to fight climate...
Curated Video
7225A UK: THE DOG SKINS CONTROVERSY
The English are world-famous for their sentimental
attitude to animals. This is reflected in the animal
charities that exist in Britain. Chief among these is the
Royal Society for the Prevention of Cruelty to
Animals, or RSPCA, one of...
TED Talks
TED: To save the climate, we have to reimagine capitalism | Rebecca Henderson
Business is screwed if we don't fix climate change, says economist Rebecca Henderson. In this bold talk, she describes how unchecked capitalism destabilizes the environment and harms human health -- and makes the case for companies to...
The Business Professor
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price systems, private...
The Business Professor
Angel and Venture Capital Investments
What are Angel and Venture Capital Investments? Venture Capitalist vs. Angel Investor: What's the difference? Venture capitalists are business professionals who invest money into startups on behalf of a risk capital company (they use...
Curated Video
Government Intervention: State Provision and Regulation Explained
In this video, the speaker discusses how government intervention in the market can take the form of state provision and regulation. The video provides examples and nuanced arguments for both state provision and regulation as forms of...
Curated Video
Understanding Trade Deficits and Ways to Resolve Them
In this video, the speaker discusses the concept of trade deficits and the implications of large recurring trade deficits on an economy. The speaker explores different potential solutions to resolving trade deficits, including...
Curated Video
Understanding Strategic Interactions between Economic Agents
The video explains the economic applications of game theory and how it can help us understand the interactions between economic agents such as countries, firms, and producers. The concepts of game theory, players, rules, outcomes, and...
Institute for New Economic Thinking
Joon Yun: Healthcare In The 21st Century
The 21st Century will be the Healthcare Century. Human endeavor creates prosperity, and health is an engine that powers human endeavor. Prosperous societies, in turn, consume more healthcare in a procyclical fashion. The effect of...
ACDC Leadership
Perfect Competition Short Run (1 of 2)- Old Version
In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit.
Curated Video
Supply Curve Basics: Deriving the Shape and Understanding the Law of Supply
This video explains the basics of the supply curve and how to derive its shape. It also explores the law of supply and its relationship to the quantity supplied and the price of a product. The video also gives examples of firms and the...
Healthcare Triage
Wellness Programs Don't Seem to Work as Advertised
The latest Kaiser Family Foundation survey on employer sponsored health insurance focused on the fact that growth in premiums in 2013 was as low as it has ever been in the 16 years of the survey. And that's awesome. Health insurance...
Curated Video
Types of Efficiency in Economics and their Importance in Market Structures
This is a video lecture on the topic of efficiency in economics. The lecturer explains how firms and markets allocate their scarce resources to their activities and the types of efficiency that exist within the market: productive...
Institute for New Economic Thinking
Exploring New Economic Space | #6 | Venture Capital in the 21st Century
What is the relationship between core general purpose technologies (e.g. steam engine, electricity, computers) and the sectors to which they are applied (e.g. railways, radio communications, e-commerce)? There is positive feedback...
Curated Video
Understanding and Analyzing Monopsony Power in the Labor Market
This video is a lecture on the topic of monopsony power in the labor market. The speaker explains the concept of monopsony and how it impacts the labor market for both workers and employers. The speaker also compares a perfectly...
Curated Video
Introduction to Price Discrimination and Its Impact on Consumers and Producers
This video is a lesson on the concept of price discrimination. The speaker explains what consumer surplus is and how firms may engage in price discrimination to take advantage of it. The different forms of price discrimination, including...
Curated Video
Understanding X-Inefficiency in Different Market Structures
The video lecture discusses X-Inefficiency. The video explains that X-Inefficiency can lead to rising costs, poor decision-making, and reduced productivity, and identifies issues such as patents, lack of incentive to innovate, and...
Curated Video
Understanding Economies of Scale
The video explains the concept of economies of scale in microeconomics. It describes how businesses can increase their production scale and reduce their unit costs over time by becoming more experienced in producing goods and services,...
ACDC Leadership
Micro 5.3 Comparing Product and Resource Markets: Econ Concepts in 60 Seconds- Review
Mr. Clifford's 60 second explanation of the differences between a perfectly competitive product market and a perfectly competitive resource market. Notice that the firms both have a horizontal curve but in the product market it is demand...
ACDC Leadership
5.2 Perfectly Competitive Labor Market and Firm: Econ Concepts in 60 Seconds- Advanced Placement
Mr. Clifford's 60 second explanation of how to draw a perfectly competitive labor market and firm hiring workers. Notice that the perfectly elastic (horizontal) curve is now supply.
Curated Video
Market Competition: Understanding Perfect Competition and Monopoly
This video discusses the concept of market competition and how it affects outcomes like prices, efficiency, and outputs. The video then introduces two important forms of market competition: perfect competition and monopoly. The speaker...
Curated Video
Introduction to Collusion in Oligopoly Markets
This is a lecture video discussing collusion in markets, particularly in oligopoly markets. The speaker introduces the concept of collusion and explains why and how it prevails in certain markets. The video provides examples and explains...
Curated Video
Diagrammatic Analysis of Monopoly Market Structure
This video explains the concept of monopoly market structure, its diagrammatic analysis, and the behavior of monopolists. The video covers topics such as the downward-sloping demand curve, the profit-maximizing output, the price, and the...
Curated Video
Understanding Price Controls: Minimum and Maximum Prices
This video discusses price controls and explains the two main types of price restrictions, minimum prices and maximum prices, and illustrates their impact on the market using diagrams. Examples of price controls in different sectors,...