Emergent Order
"The Cluster of Errors" - The Austrian Theory of Boom and Bust
Does the financial crises of 2008 fit the Austrian economic theory of "boom and bust"? American economics professor Lawrence H. White discusses economists' rationale for following interest rates and the reliability of...
Jacob Clifford
Macroeconomics 15 Minute Review
Don't underestimate the amount of content you can review in under 15 minutes! Watch as this familiar and savvy economics instructor provides an overview of all macroeconomics, from scarcity and the production possibilities...
Jacob Clifford
The Laffer Curve - Economic Theories
Delve into the world of economic theory with the Laffer curve and introduce your young economists to the relationship between tax revenue and tax rates.
Emergent Order
Deck the Halls with Macro Follies
Does consumer spending really grow the economy? Check out this well-produced, comical and memorable video to consider this question with your young economists.
The Martin Luther King, Jr. Center for Nonviolent Social Change
MLK: Economic Power and Nonviolent Resistance
A stirring video, accompanied by audio clips from many of Dr. Martin Luther King, Jr.'s speeches, provides viewers with King's ideas about how civil rights activists can use economic boycotts as a powerful non-violent resistance tool.
TED-Ed
What Causes an Economic Recession?
Recession, depression, economic slowdown, weak market—we're familiar with the words but not ascertain what they mean and the causes of these economic fluctuations. A short video attempts to explain a very complex system.
Federal Reserve Bank
Episode 19: Costs of Production and the Shutdown Decision
The 19th podcast of a 21-part series on economics focuses on the costs of production when running a business. Historians analyze the difference between fixed, explicit, and implicit costs. They use mathematical equations to find total...
Federal Reserve Bank
Episode 1: Opportunity Cost
The concept of opportunity cost challenges historians to analyze how some choices come at a loss in the opening lesson of a 21-part economic series. Podcasts offer insight into the subject of what a decision costs the consumer....
TED-Ed
What Is the Tragedy of the Commons?
What's good for all of us is good for each of us. The Tragedy of the Commons refers to a situation in which one person's decision to act in his or her own best interest negatively affects the rest of the population—and ultimately, him or...
Crash Course
Economic Schools of Thought
Adam Smith, Karl Marx, and John Maynard Keynes held different beliefs about economic systems that evolved from their predecessors, and then shaped by their countries' economic situations. A video from Crash Course Economics...
Emergent Order
"The Bust" - The Austrian Theory of Boom and Bust with Lawrence H. White
In the "boom and bust" of a business cycle, what takes place during a recession? What should the role of government be? Watch as an American professor of economics comments on this theory, which mixes the interview with relevant graphics...
Emergent Order
Hayek's Gift
Two economists walk into a restaurant...Here is a fun video clip that provides a small glimpse into the influential economic theories of John Maynard Keynes and Friedrich Hayek.
Emergent Order
Fight of the Century: Keynes vs. Hayek Round Two
In a witty and entertaining video, world-renowned economists John Maynard Keynes and Friedrich Hayek come to life and debate impact of government spending on the economy through the medium of a rap song and metaphor of a boxing match.
Khan Academy
More Fiscal Cliff Analysis
Continuing from a previous video explaining the various budgetary proposals of 2013 in the United States, this video illustrates a more in-depth analysis of the fiscal cliff. It reviews complex concepts such as the pros and cons of...