ACDC Leadership
Macro Unit 3 Summary- Aggregate Demand/Supply and Fiscal Policy
A quick overview of what you will cover in the third unit of Macroeconomics. Virtually all teachers will cover the same topics, but keep in mind that some teachers might teach a few concepts in a different order.
Curated Video
Fiscal Rules: Importance, Impact, and Challenges
This video is a lecture discussing fiscal rules in economics. The speaker explains how governments must project their spending and tax revenue in order to maintain fiscal responsibility, and how fiscal rules are individual targets and...
Hip Hughes History
US Federalism For Dummies: American Government Review
For the discerning dummy and smart smart people, this video is designed for AP American Government students, College students lost in the wilderness in a political science course and just crazy people on the internet with nothing better...
Curated Video
Who Stole Ireland's Pot of Gold
Banking crises come and go, but they become exceptionally complicated matters when the affected country is non-sovereign in the sense that it does not issue its own currency. This is essentially the problem faced by Ireland, which was...
Economics Explained
Is Hyperinflation Coming?: What Can Governments Do
Inflation is something we more or less take for granted these days. The idea that 5 dollars today is not going to be able to buy 5 dollars worth of stuff in the future, and the fact that you used to be able to buy a family home for 10...
Curated Video
Age of Jackson Crash Course US History
In which John Green teaches you about the presidency of Andrew Jackson So how did a president with astoundingly bad fiscal policies end up on the $20 bill? That's a question we can't answer, but we can tell you how Jackson got to be...
Curated Video
Optimal Currency Areas: Assessing the Eurozone's Suitability
This video lecture discusses the concept of optimal currency areas and applies specific criteria to assess whether the eurozone is an optimal currency area. The four criteria to assess the optimality of a single currency are symmetry of...
ACDC Leadership
Fiscal Policy and the Multiplier Practice (1 of 2)- Macro Topic 3.8
Time to practice. In this video I explain how to use the spending multiplier to close a recessionary gap. This is an old video, but it's still good.
Curated Video
Fiscal Rebalancing and Austerity Measures Explained
The video provides an in-depth explanation of two key terms in economics: fiscal rebalancing and austerity. The presenter covers aspects such as GDP components, trade imbalances, fiscal finances, and the size of the public sector. The...
Curated Video
Understanding Fiscal Finances: Government Budgets and Deficit Measurements
The video discusses fiscal finances, specifically government budgets and deficit measurements in the UK. The presenter goes through various terms and calculations used when assessing UK fiscal performance, such as the government budget,...
Curated Video
Philippe Aghion: The Market or the State? (1/6)
State-owned firms are not as innovative as private firms. But it does not follow, Philippe Aghion says, that government ought to be small. Government is needed as investor in the economy's productive capacity -- R&D, education, green...
Financial Times
Coronavirus how to tackle the economic crisis
FT economics commentator Martin Sandbu analyses the emergency fiscal and monetary measures being taken to deal with the global financial and economic fallout from coronavirus.
Curated Video
Richard Koo: How the West is Repeating Japan's Mistakes
In INET's exclusive interview with the Chief Economist at Nomura Research Institute's Richard Koo, he discusses the ideas behind "Balance Sheet Recessions," why QE2 won't work, and how China's monetary policy was effective in the wake of...
Curated Video
Understanding UK Fiscal Finances: Government Budgets and Deficit Measurements
In this video, the lecturer discusses fiscal finances, which involve government budgets and deficit measurements. He explains the government budget and the terms surplus, balanced and deficit budgets and the importance of knowing these...
Curated Video
Cost-Push Inflation: Causes, Effects, and Policy Responses
This video provides an explanation of cost-push inflation, which is caused by a rapid rise in the cost of factor inputs like commodities, exchange rates, and wages. It discusses the effects of this type of inflation on short-run...
Curated Video
Robert Skidelsky: Economics and Political Power during the Crisis
Welcome to our new video series titled "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
Curriculum Reform & Rethinking Economics
Mainstream economic theory has been increasingly questioned following the Global Financial Crisis of 2008. The disconnect between reality and theory manifested itself most clearly when the Queen of the United Kingdom pointedly asked why...
Curated Video
Sylvia Nasar: Keynes and Fisher (3/5)
In part 3 of this INET interview, Sylvia Nasar discusses the work of Keynes and Irving Fisher and how they changed the field of economics in the early 20th century. Their ideas on monetary economics introduced the idea that the economy...
Curated Video
Understanding and Using Automatic Stabilizers in Economics
This video discusses automatic stabilizers and how they adjust to economic cycles and affect fiscal stimulus. He explains the technical aspects of automatic stabilizers, such as tax revenue, government spending, and welfare costs....
Economics Explained
The Economics of Stimulus Packages
Inarguably, it's pretty bad right now. Businesses are closing, unemployment is rising, and people are scared for their health. Fortunately, governments are coming to the rescue with a swath of economic bailouts, stimulus checks, and...
Economics Explained
What is "The Great Reset" & Why are People So Worried About It? | Economics Explained
Never let a good crisis go to waste. Winston Churchill’s famous words from the darkest days of world war 2 have taken on a more sinister meaning as the decades have passed. This quote was actually meant to be an inspirational message of...
The Wall Street Journal
Oliver Bäte of Allianz and Ana Botín of Santander on the Covid Economy
As the global economy claws its way out of the deepest slump in generations, markets have rallied sharply -- in hopes of a rebound in growth and a wave of fiscal and monetary stimulus. What do the next six months hold for the economy and...
Curated Video
William White: Which Way Forward? 5/6
William White, Chairman of the Economic Development and Review Committee, Organization for Economic Co-operation and Development (OECD) speaks on panel, entitled "Which Way Forward: Reflections on Global Turmoil and the Role of Markets,...
Curated Video
Massimo Cingolani: Identifying Weaknesses in the Eurozone
The great achievement of the EU has been to reduce the probability of violent nationalist conflict among some of its members to a vanishing small probability while improving the economic lot of its members. But in spite of the...