Economics Explained
The Stagnating Economy of Canada | Economics Explained
Canada is one of the wealthiest economies in the world today, but the OECD forecasts that the country will stagnate and is poised for the lowest growth of any advanced economy over the next 5 years. So why is Canada struggling to grow...
Institute for New Economic Thinking
Nicholas Wapshott: The Humble Hayek (3/5)
Let us be humble, and appreciate the limits of our knowledge -- such was Hayek's credo, as Nicholas Wapshott explains in part 3 of this INET interview.
Institute for New Economic Thinking
How to Account for the Socially Optimal
Institutions like INET and heterodox thinking can return economics to its fundamental goal of being a public good, says Adair Turner
Economics Explained
Can An Economy Grow Forever? part 2: Growth
Can An Economy Grow Forever part 2: In this video, the speaker discusses the concept of economic growth and how it is measured using GDP. They go on to discuss how improvements in education and innovation have contributed to sustained...
Economics Explained
The Economics of Automation: What Does Our Machine Future Look Like?: Predicting the Future & The Good
The automation economy is here and it's important to understand what our future will look like in a world where we may not have the ability to work in order to provide for ourselves. We will look at what reputable economists have...
Economics Explained
Are The "Extreme" Economic Systems Totally Pointless?: Anarcho-Capitalism and Final Thoughts
Karl Marx and Frederick Engels were philosophers, political theorists, and economists responsible for writing the communist manifesto, which is today probably the most widely recognized text outlining a system for a communal economy. An...
Institute for New Economic Thinking
The Need for Eclectic Perspectives and Reality Checks - John Kay
A Financial Times columnist promotes the idea that economics now needs many new perspectives and a constant grounding of theory with actual practices on the ground.
Institute for New Economic Thinking
Rise-up and Stop the Doomsday Machine!
In the final part of his conversation with Rob Johnson, Daniel Ellsberg talks about his hopes for this generation and why he wrote The Doomsday Machine
Institute for New Economic Thinking
John Kay: Should Economists Be Statesmen? (5/5)
In part 5 of this INET interview, John Kay discusses economists' quality of perception. The question is: Should economists be statesmen? Maybe, but they still have much to learn from other professions about how the world works.
Economics Explained
Can Saving Too Much Money Cause a Recession?: Side Effects of Saving
People are told from the time they get their first job to save money. Save for a car, have an emergency fund, send your kids to college, a house deposit, oh and not to mention retirement (if that is still a thing). There are a million...
Institute for New Economic Thinking
Advice to Young Economists
Leading Economists and Professors inspire the next generation of economists by giving advice on what to study and why the future is so open and promising.
Economics Explained
Is Hyperinflation Coming?: Is Inflation Good or Bad
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...
Step Back History
How Can We BEAT Neoliberalism?
Neoliberalism is the defining economic idea of our current moment, and we're all suffering for it. What is it, and how can we beat it?
Economics Explained
Are Economists Too Pessimistic?: It's Their Job
Economists have predicted 15 of the past 5 recessions, so should we take them seriously? Helping you become more knowledgeable about how the world works, our content covers the biggest topics and headlines through the eyes of economists....
Institute for New Economic Thinking
A Stop on the Campus Tour: UC Berkeley
In this documentary-style video, INET Executive Director Rob Johnson meets and interacts with students and professors at the UC Berkeley Graduate School of Economics. This is one stop on INET's Campus Tour, which is going to graduate...
Institute for New Economic Thinking
INET President: Rebuilding A Moral Economics
Rob Johnson kicks off INET's "Reawakening" conference with his take on how economists can win back the trust of a world that has rejected experts Introducing #INET2017, our "Reawakening" conference in Edinburgh, INET President Rob...
Institute for New Economic Thinking
Steve Keen: Predicting a Crash Makes You Lonesome 4/7
In part 4 of this INET interview, Steve Keen tells us why he prefers to speak of the credit accelerator, rather than the credit impulse. "An impulse implies it comes and it goes; acceleration is always with you."Keen also talks about how...
ACDC Leadership
Thinking Like An Economist- Macro/MicroTopic 1.1
This episode is about scarcity, guns and butter (trade-offs), the factors of production, and the difference between microeconomics and macroeconomics.
Institute for New Economic Thinking
Economics Opens Up into Long-term Turmoil - Martin Wolf
The economics profession is heading into years of turmoil that will be tremendously beneficial for academics, particularly young people who can help invent the new theories and ideas.
Professor Dave Explains
The Difference Between Fiscal and Monetary Policy
Governments are typically concerned with curbing both unemployment and inflation, and there are two ways they approach this, fiscal policy and monetary policy. These are tools that can be used to speed or slow economic growth. What are...
Institute for New Economic Thinking
Wealth Inequality in the US and Beyond
It’s no secret that wealth inequality has grown, both in the US and abroad over the past several decades (after moderating somewhat in the post-WWII era). What has been particularly notable about the work of Emmanuel Saez, Professor of...
Curated Video
Opportunity Cost: The Hidden Cost of Everything
This video explains the concept of opportunity cost and how it affects decision-making, using examples such as the cost of going to college and choosing between a career in medicine or helping in a family business.
ACDC Leadership
The Economics of TRUMP with Jacob Clifford- Part 1: Trade
Thanks for watching my videos. I’m excited to have an intelligent discussion about the economic policies of President Trump. In this video I cover what what most economists think about international trade and protectionism. Do you think...
Economics Explained
Are Economists Too Pessimistic?: Paying Attention to Scary News
Economists have predicted 15 of the past 5 recessions, so should we take them seriously? Helping you become more knowledgeable about how the world works, our content covers the biggest topics and headlines through the eyes of economists....