Curated Video
Understanding Merit and Demerit Goods: Definitions, Causes, and Value Judgments
This video discusses the concepts of merit and demerit goods in economics. The presenter defines both terms and explains why these goods can be under or over provided by the market.
Institute for New Economic Thinking
Is Economics a Science? | How & How NOT to Do Economics with Robert Skidelsky
Most economists think of economics as a science. But are they right? If so, what kind of science is it? You can put on the uniform of a policeman, but does that make you a policeman? These, and more questions, are answered in this fourth...
ACDC Leadership
Micro Unit 6 Summary- Market Failures and the Role of the Government
This video introduces the topic of market failures and the role of government in addressing them. They cover concepts such as public goods, externalities, antitrust laws, and income distribution. The teacher emphasizes the importance of...
The Wall Street Journal
Goldman Sachs CEO on the Economy and Cryptocurrencies
With the IPO market on ice and faith faltering in cryptocurrencies, Goldman Sachs Chief Executive David Solomon speaks about inflation, geopolitical instability, the economic slowdown and whether next year will bring any relief
Institute for New Economic Thinking
We Can—And Must—Reform Capitalism.
Fred Block says capitalism is not an unchanging monolith—which means we can make it better One of the Right’s greatest successes has been claiming that their definition of capitalism is as radically laissez-faire is fixed. It’s time to...
The Economics of Seinfeld
The Economics of Seinfeld: The Muffin Tops
Video clip [4:24] of Seinfeld episode through which students learn about the economic concept of complementary and substitute product with Elaine's idea to sell only the tops of muffins.
Khan Academy
Khan Academy: Property Rights in a Market System
Market systems only function well when property rights are well defined. Take a deeper dive into the role of property rights in a market system in this video. [5:54]
Khan Academy
Khan Academy: Forward Contract Introduction
This video is an example of how Forward Contracts benefit all parties involved in a volatile market. [3:11]