We learned about fluvial processes, or those dealing with water, so now let's learn about aeolian processes, or those dealing with wind. How does wind weather rocks? Quite similarly to water, but with less force. Let's check out some...

“Factors That Affect Income” discusses various economic factors that affect profit and income, such as inflation, deflation, unemployment, capital goods, human capital, and productivity.

This video provides an explanation of what deflation is and the consequences that come with it, which includes a reduction in real output, consumption, and investment. The speaker uses Japan as an example of an economy that has suffered...

Japan became the first of the modern Asian countries to experience massive sustained economic growth. Japan had a lot going for it after the end of the war, it was able to rebuild with the help of the allies and go through its own...

EVE Online has a botting problem. Robots can be programmed to play this game for hours at a time with no rest needed.



This has meant that normal players looking to play the game have been pushed to the side by these armies...

In this video, the presenter discusses some issues around percentages and introduces the concept of percentage points. He explains the difference between percentages and real numbers, and the significance of the difference between the...

This video introduces the concept of inflation and its impact on economic behavior. He defines key terms such as inflation, deflation, price level, and consumer price index, and explains how they are related to each other. He also...

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...

Let's say you find yourself as the Head of State of some country during an impending economic crash. Your country's stock market is imploding, businesses are closing, unemployment is rising, and everyone is looking to you to provide...

Welcome to our new video series called "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...

You know how your parents always tell you about how cheap things were when they were kids? Well it's true, prices for literally everything have risen dramatically over the decades. Why? Because of something called inflation. What exactly...