TED Talks
Mariana Mazzucato: What is economic value, and who creates it?
Where does wealth come from, who creates it and what destroys it? In this deep dive into global economics, Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems -- so...
TED Talks
Nicola Sturgeon: Why governments should prioritize well-being
In 2018, Scotland, Iceland and New Zealand established the network of Wellbeing Economy Governments to challenge the acceptance of GDP as the ultimate measure of a country's success. In this visionary talk, First Minister of Scotland...
TED Talks
Dan Ariely: What makes us feel good about our work?
What motivates us to work? Contrary to conventional wisdom, it isn't just money. But it's not exactly joy either. It seems that most of us thrive by making constant progress and feeling a sense of purpose. Behavioral economist Dan Ariely...
TED Talks
Barry Schwartz: The way we think about work is broken
What makes work satisfying? Apart from a paycheck, there are intangible values that, Barry Schwartz suggests, our current way of thinking about work simply ignores. It's time to stop thinking of workers as cogs on a wheel.
Crash Course
Specialization and Trade: Crash Course Economics
In which Adriene Hill and Jacob Clifford teach you about specialization and trade, and how countries decide whether they're going to make stuff or trade for stuff. You'll learn about things like comparative advantage, the production...
Crash Course
The Enlightenment: Crash Course European History
So far in this series, we've covered a lot of war, disease, climate disaster, and some more war. Well, prepare yourself for something a little more positive. This week, we're talking about the Enlightenment. In this video, you'll learn...
Institute for New Economic Thinking
What Is Economics About? | How & How NOT to Do Economics with Robert Skidelsky
Why did economists largely fail to predict the 2008-09 financial crisis? In the first lecture in his INET series, “How and How Not to do Economics,” Robert Skidelsky looks at a neglected cause: methodology. The way economists build their...
Food Farmer Earth
David Korten: Assessing Capitalism's Impact on Democracy and Society
David Korten critiques the current capitalist system for exacerbating economic disparities and undermining the democratic process, suggesting that it operates counter to the interests of the broader society by prioritizing corporate...
Institute for New Economic Thinking
Capitalism: Competition, Conflict, Crisis
Competition and conflict are intrinsic features of modern societies, inequality is persistent, and booms and busts are recurrent outcomes throughout capitalist history. State intervention modifies these patterns but does not abolish...
Curated Video
Specialization and Division of Labor: Improving Productivity and Potential Problems
This video discusses the concept of specialization and division of labor in economic theory. It starts by giving an example of a rudimentary village where individuals have to produce all their own goods and services, and then explains...
Institute for New Economic Thinking
The Long Road Back Toward Ethical Banking Practices
We all know the story of the last 30 years in financial services: The ‘big bang’ deregulation initiated in the Thatcher/Reagan period (and carried on through to the 21st century) led to a much more permissive and international trading...
Curated Video
Rent Seeking: Taking Without Giving
The video explains the concept of rent seeking, which is the behavior of seeking profits without creating new wealth for others. It provides a classic example of a lord setting up a chain across a river to charge fishermen a fee, which...
Institute for New Economic Thinking
Nicola Sturgeon Opening Remarks @ #INET2017
First Minister of Scotland Nicola Sturgeon kicks off #INET2017 in Edinburgh.
Institute for New Economic Thinking
Paul Davidson - Legal Arbitrage Is Not Comparative Advantage 4/4
In the fourth and final part of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Journal of Post Keynesian Economics co-founder Paul Davidson about Davidson's book The Keynes...
Institute for New Economic Thinking
New Economic Thinking Needs Old Ideas
Bruce Caldwell, Director of the Center for the History of Political Economy at Duke University, uses his scholarship on F.A. Hayek to explain why studying the economists of the past is essential to developing the economics of the future
Institute for New Economic Thinking
A Market for Votes?
Michael Sandel and Joe Stiglitz discuss why selling votes is bad for democracy, and how individual self-interest doesn’t always serve the public good In this full-length interview from What Money Can’t Buy, political philosopher Michael...
Institute for New Economic Thinking
Teaching Economics the Adam Smith Way
In many ways, Adam Smith had a better economics education than today’s students. During the Scottish Enlightenment, moral philosophy was the first course taught at university. It grounded everything else, leading to a more nuanced...
Economics Explained
Grandfather of Economics: Industrial Revolution
This is Adam Smith. Adam Smith was a Scottish philosopher and author who is probably best known for writing a book titled “An Inquiry Into the Nature and Causes of … The Wealth of Nations!” This book effectively marked the beginning of...
Economics Explained
Grandfather of Economics: Introduction and Economics Explained
This is Adam Smith. Adam Smith was a Scottish philosopher and author who is probably best known for writing a book titled “An Inquiry Into the Nature and Causes of … The Wealth of Nations!” This book effectively marked the beginning of...
Curated Video
Learn Git in 3 Hours- Installing and Configuring Git
Learn how to install Git on your machine, be it OS X or Windows. • Download the installer for your operating system • Run the installer • Configure Git on your machine This clip is from the chapter "Version Control and the Terminal" of...
Economics Explained
Grandfather of Economics: Trade
This is Adam Smith. Adam Smith was a Scottish philosopher and author who is probably best known for writing a book titled “An Inquiry Into the Nature and Causes of … The Wealth of Nations!” This book effectively marked the beginning of...
Economics Explained
Why Economists Never Agree on Anything?
An economy is a collection of production and consumption processes that are all working towards solving the central economic problem. The problem is that we only have access to a finite amount of resources, but the potential for human...
Institute for New Economic Thinking
Nicola Sturgeon on The Legacy of Adam Smith @ #INET2017
Nicola Sturgeon on The Legacy of Adam Smith @ #INET2017
Professor Dave Explains
Business Cycles: Boom and Bust
We are all somewhat familiar with economic expansion and recession. And pretty much everyone has heard of The Great Depression. What are recessions and depressions? How do we describe the business cycles that produce them? Let's define...