Professor Dave Explains
Why Do People Like Free Markets?
We just learned about the four main economic systems. Now, it's time to dive a little deeper with each of them one at a time. We will start with free markets. Why do people like them? What are the advantages and disadvantages of free...
Professor Dave Explains
The Four Main Economic Systems
We've talked about free market economies and command economies, but the truth of the matter is that nearly every country on Earth utilizes a mixed economy, which blends aspects of each of the aforementioned economy types. Whether talking...
Institute for New Economic Thinking
The Death of ‘Homo Economicus’
Good incentives are no substitute for good citizens. Human beings, notes Sam Bowles, a Research Professor at the Santa Fe Institute, are complex, psychological beings given to all sorts of motivations well beyond naked self-interest....
Hip Hughes History
The Industrial Revolution Explained (World History Review)
What were the major causes and effects of the Industrial Revolution? HipHughes dances his way through the Industrial Revolution world history style, laying down tracks anyone can sit their caboose down and ride the train of learning.
Hip Hughes History
World Economic Systems in About Twenty Minutes
HipHughes hops through the essentials of Capitalism and Communism.
Bloomberg
Understanding the Changing Calculation of Value
Sep.12 -- Mariana Mazzucato, University College London professor in the economics of innovation and public value and author of "The Value of Everything," discusses changes in how value is calculated in markets and economies. They speak...
Bloomberg
Lynn Forester de Rothschild on Inclusive Capital
Dec.02 -- Lynn Forester de Rothschild, chief executive officer at E.L. Rothschild and founder of Coalition for Inclusive Capitalism, discusses the idea of inclusive capital to combat populism. She speaks with Bloomberg's Francine Lacqua...
Bloomberg
U.S. Congress to Become More Active in Sanctions: Smith
Adam Smith, partner at Gibson, Dunn & Crutcher and former senior adviser at the U.S. Department of the Treasury, discusses the latest round of sanctions imposed on Russia over the atrocities in Bucha, war crimes and what the U.S. can do...
Bloomberg
Rep. Adam Smith on Pentagon Funding, Impeachment Hearings and USMCA
Nov.22 -- U.S. Representative Adam Smith, a Washington Democrat and chairman of the House Armed Services Committee, discusses the fight over Pentagon funding, the House impeachment hearings and the prospects for the U.S.-Mexico-Canada...
Bloomberg
Gibson, Dunn & Crutcher Adam Smith on Hong Kong, US-China Ties
Former Senior Adviser in the U.S. Treasury Department’s sanctions unit, Adam Smith, discusses an anti-sanctions law on Hong Kong that could pose yet another challenge for multinationals caught in rising tensions between Washington and...
Curated Video
US Lawmakers slam plan to divert money for Mexico wall
House lawmakers on Tuesday denounced Defense Department plans to use military funds to pay for President Donald Trump's border wall, telling Pentagon leaders the "unbelievably irresponsible" maneuver will threaten the agency's future...
Curated Video
House Minority Leader Nancy Pelosi announced on Wednesday that she will appoint five Democrats on the 12-member panel. They will participate in the special, Republican-led select committee investigating the deadly 2012 attack in Benghazi, Libya. (May 21)
Minority Leader Nancy Pelosi announced on Wednesday that she will appoint the full complement of five Democrats on the 12-member panel, tapping lawmakers who have been deeply involved in previous congressional investigations of the Sept....
Curated Video
Pastor, congressman on stresses of deployment to war zones
Joint Base Lewis-McChord, Washington
1. Mid of Joint Base Lewis-McChord entrance, snow falling
2. Mid of sign outside base, vehicles passing
3. Wide of base entrance
4. Close-up of sign outside base
5. SOUNDBITE: (English) Congressman...
Curated Video
Just before President Barack Obama's announcement on a set of executive actions being taken on immigration reform, a group of young immigrants gathered in Seattle to speak about their experience. (Nov. 20)
President Barack Obama is set to announce legal rights for up to five million people who are undocumented immigrants - a move that would impact not only them, but also their families, communities and workplaces.
Across the country, some...
Curated Video
Lawmakers denounce plan to divert money for wall
House lawmakers on Tuesday denounced Defense Department plans to use military funds to pay for President Donald Trump's border wall, telling Pentagon leaders the "unbelievably irresponsible" maneuver will threaten the agency's future...
Curated Video
Lawmakers denounce plan to divert money for wall
House lawmakers on Tuesday denounced Defense Department plans to use military funds to pay for President Donald Trump's border wall, telling Pentagon leaders the "unbelievably irresponsible" maneuver will threaten the agency's future...
Curated Video
Lawmakers react to Pelosi's impeachment handling
House members are sharply divided about the process while they wait for Speaker Nancy Pelosi to take the next steps in the impeachment of President Donald Trump.
Curated Video
Lawmakers react to Pelosi's impeachment handling
House members are sharply divided about the process while they wait for Speaker Nancy Pelosi to take the next steps in the impeachment of President Donald Trump.
Khan Academy
Banking 18: Big Picture Discussion
Sal further ponders the meaning of wealth in this video, which explores the values of gold, land, and money. Touching on Adam Smith's definition of wealth, the presentation discusses the philosophy of utility and what different media of...
Federal Reserve Bank
Episode 3: The Role of Self-Interest and Competition in a Market Economy
Why do scholars go to school? Is it due to self-interest and wanting more for themselves? Adam Smith's concept of competition spearheads the third lesson of a 21-part economic series from Econ Lowdown. Scholars investigate how...