Institute for New Economic Thinking
This is the Institute for New Economic Thinking
Economics can be creative, it can be rigorous, it can be relevant.Founded in the wake of the financial crisis in 2009, the Institute for New Economic Thinking (INET) is a nonpartisan, nonprofit organization devoted to developing and...
Institute for New Economic Thinking
The Corruption in Academic Economics: Part 1 of INET's Interview with Charles Ferguson
In part 1 of INET's interview with Charles Ferguson, the director of the film "Inside Job" talks about how the financial services industry is shaping and corrupting academic programs in economics
Institute for New Economic Thinking
INET's Interview with Charles Ferguson, the Director of "Inside Job"
In this interview, INET's Executive Director Rob Johnson talks to Charles Ferguson, the director of the new documentary film "Inside Job," about corruption in academia, the failure of both political parties in dealing with the financial...
ACDC Leadership
Micro 2.5 Government Price Controls (Old Version): Econ Concepts in 60 Seconds
Mr. Clifford's 60 second explanation of price floors and price ceilings. Remember that a floor only has an effect if it is above equilibrium and that a ceiling needs to be below equilibrium.
Curated Video
Understanding Crowding Out and the Laffer Curve in Fiscal Policy
The video is a lecture on fiscal policy and the concepts of crowding out and the Laffer curve. The presenter discusses the theory behind the Laffer curve and covers supply-side and Keynesian views. He emphasizes the importance of...
Curated Video
Understanding Liquidity Coverage Ratio in Banking Sector
In this video, the presenter discusses ratios and fractions in the context of the banking sector. He explains the liquidity coverage ratio and how regulators use ratios to control and regulate the amount of liquefiable assets that a bank...
Curated Video
Monetary Policy: Introduction and Basic Terms
This video provides an overview of what monetary policy means and how it is executed. He discusses the functions and characteristics of money and how they relate to monetary policy. It also introduces key terms and concepts including the...
Curated Video
Understanding Demand Pull Inflation
This video is a lesson on demand pull inflation. The presenter explains the basics of demand pull inflation, including its association with aggregate demand and its impact on price level and real output. He also discusses the pros and...
Economics Explained
India Will Not Be The Next China: Introduction
Up until 1990 India was slightly richer than China on a per capita basis, but since then China's economy has grown far faster than India's. In this video we look at the structural issues in India's economy have thus far prevented it from...
Curated Video
The Role of Central Banks in an Economy: Functions and Impacts
This video explores the role and functions of central banks within the economy, including their responsibility to grease the financial wheels of the financial system, ensure macroeconomic stability, and provide liquidity to banks and...
Curated Video
Understanding Bounded Rationality and Cognitive Biases in Behavioral Economics
The video is a lecture about bounded rationality and cognitive biases in the context of behavioral economics. The speaker discusses the limitations of human decision-making and how it differs from the idealized model of homo economicus....
Curated Video
Patterns of Employment and Unemployment in the UK: Understanding the Impact of Historical Changes and Influential Factors
The video is a lecture on patterns of employment and unemployment in the UK. The presenter discusses the factors that influence employment patterns, such as consumer preferences, technology, trade, population growth, and social changes....
ACDC Leadership
Long-Run Aggregate Supply, Recession, and Inflation- Macro Topic 3.4 and 3.5
In this video I explain the most important graph in your macroeconomics class. The aggregate demand and supply model. Make sure that you understand the idea of the long run aggregate supply and how to draw a recessionary gap and...
ACDC Leadership
Macro Unit 4, Question 15- Crowding Out
Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your macroeconomics course.
Financial Times
How energy transition is driving strong commodities prices
The executive chair of Trafigura expects the higher prices paid for minerals and metals to last amid a prolonged commodities supercycle as traders look to collect a big mix of sources to meet future needs
Financial Times
How Brexit disruption will change London's financial centres
The FT's head of Lex Jonathan Guthrie takes a high-speed tour of Mayfair, the City of London and Canary Wharf to see how leaving the EU will affect the capital's financial landmarks
Institute for New Economic Thinking
Anton Korinek, Y. V. Reddy, Helene Rey, Charles Dallara - Toward a New Global Financial Architecture
The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 4 Q&A: Toward a New Global Financial Architecture
Institute for New Economic Thinking
Three Major Economic Fault Lines
In part 1 of INET's interview with Raghuram Rajan he connects rising inequality and debt, government stimulus programs, and international capital mobility to explain the crisis and fragility in the world economy. About international...
ACDC Leadership
AP Economics Activity- The Push Up Machine
A great resource market simulation that demonstrates MRP and MRC and explains why each worker generates less revenue than previous workers. Have the students calculate the additional revenue generated by each worker to determine if they...
Curated Video
Understanding Aggregate Supply: Short Run Perspective
This video introduces the concept of aggregate supply and distinguishes the factors that affect long run aggregate supply from those that affect short run aggregate supply. The presenter explains key terms and definitions related to...
Institute for New Economic Thinking
The Money View: G2 Trade Balance Explained
This video visually illustrates the concepts behind Perry Mehrling's Money View post titled "G2 Trade Balance Explained" at ineteconomics.org
Institute for New Economic Thinking
Money Matters
Neoclassical economics dismisses the role of money and the state in the economy. Keynes scholar Robert Skidlesky says it’s time for a re-evaluation. Robert Skidelsky discusses his new book, Money and Government: A Challenge to Mainstream...
Institute for New Economic Thinking
Ken Rogoff - Debts, Deficits and Global Financial Stability
The Inaugural Conference @ King's, Institute for New Economic Thinking, Opening Session. Where are we now? Debts, Deficits and Global Financial Stability