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Economic Education
International Trade
I still think this is one of the best 3-minute videos on economics.
I still think this is one of the best 3-minute videos on economics.
Oct 22 2011
He writes, There are no solid theoretical foundations for price level theory in a modern economy where hedonics is very important. It's not just that we're not good at measuring price changes for computers and consulting services; it's not even clear what we are trying to measure in theory. Is "a computer" something...
Oct 21 2011
Adam Schwiebert writes, citizens are told that the only choices they have are to either raise taxes or incur massive layoffs/program cuts. Absent from the False Duopoly is the third option: realign government compensation packages. I agree completely with the position he takes. But I don't think that "Duopoly" is t...
Oct 21 2011
READER COMMENTS
John Donnelly
Oct 21 2011 at 3:06pm
Excellent! I would love to see a short video on how we move from where we are today to the ideal libertarian economy.
somebodys_kid
Oct 21 2011 at 3:11pm
That’s very funny.
I fear most of my economics professors would not, however, be amused…
Skippy Maximus
Oct 21 2011 at 3:35pm
Doc,
Great video…but I think the Keynes vs. Hayek rap will be very hard to beat!
By the way, picked up “Free To Choose” for some light extracurricular reading this weekend.
If you find me ranting on Monday morning, you’ll know why.
Skippy
David R. Henderson
Oct 21 2011 at 4:14pm
@Skippy Maximus,
I agree that Keynes Hayek rap is hard to beat. Per minute, though, I think “My Friend Sarah” contends.
Kristoffer G.
Oct 22 2011 at 5:24am
Is the point that she got brainwashed and completely one-sided? Im an economy student and that video is what most professors would disregard as highly normative and biased. Also just plain wrong. Unregulated economies are not prosperous compared to highly regulated economies. Hello from scandinavia.
Lars P
Oct 22 2011 at 6:10am
I like the script. The acting isn’t up to the same standard.
Have Spike Jonze shoot it with some real actors, and this will sizzle!
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