Institute for New Economic Thinking
James Heckman: Early Interventions Lead To Higher IQs
The Jesuits used to argue that if they could get someone in their church by age five, they’d have them hooked for life. Nobel Laureate James Heckman doesn’t go quite so far in his ideas for early childhood education, but he does suggest...
Institute for New Economic Thinking
Jan Kregel: The Continuing Risk of Derivatives
Everybody now knows the narrative of the Great Financial Recession of 2008, in particular, the impact that toxic derivatives had in terms of exacerbating the crisis. And the usual defense of those who misdiagnosed the crisis is that the...
The Business Professor
Consolidated Omnibus Budget Reconciliation Act (COBRA )
Consolidated Omnibus Budget Reconciliation Act (COBRA )
Institute for New Economic Thinking
John Kay: People, Not Iron Ore: The Limits of Math in Economics (4/5)
In part four of this INET interview, John Kay suggests that economists need to broaden their skill set and reconnect with the humanities and other social sciences. While math is a useful tool, it is not the only language appropriate for...
Healthcare Triage
Palliative Care, Informed Consent, and the Horrors of Cystoscopy
Dr. Tim Broach is our guest on this installment of the Healthcare Triage Podcast. Tim is a palliative care physician at Indiana University, an internist by training, and also an excellent Dungeon Master with a flair for storytelling....
TLDR News
How to Solve the Housing Crisis - TLDR News
A few weeks ago we made a video explaining the housing crisis in Britain; today we're here to solve it. So in this video, we run through some proposals for how the crisis could be stopped and what the future of housing in Britain could...
TLDR News
Biden's Immigration Plan: Why Republicans AND Democrats Hate It - TLDR News
The border is proving to be a difficult topic for Biden, with both Republicans and Democrats on his back about his policies. So in this video we unpick what Biden's immigration policy looks like, why it's fairly universally disliked &...
ACDC Leadership
Who's the spokesperson for economics?
Most students today have probably never heard of one of the economist that Paul Krugman, called “possibly the most brilliant communicator of economic ideas to the general public that ever lived.” Milton Friedman won the Nobel prize in...
Curated Video
China's influence in Europe
China's investment in Europe is growing. Our cover leader this week explains why the money is welcome, but not when it is used to buy political influence.
Curated Video
Elaborating on Supporting Details with Anecdotes
In this video, the teacher explains the importance of elaborating on supporting details in persuasive writing. They discuss how elaboration helps the reader understand the argument and connect it back to the thesis statement. The teacher...
The Business Professor
General Structure of an Insurance Contract
General Structure of an Insurance Contract
Institute for New Economic Thinking
Credit Booms & Credit Busts
There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the “macroprudential” orientation of regulatory and supervisory frameworks....
Curated Video
Understanding Supply Side Policies: Interventionist and Free Market Approaches
The video discusses supply-side policies and their aim to increase the quantity and quality of an economy's factors of production. The two forms of supply-side policies are interventionist and free market policies, and examples of each...
Curated Video
Design a computer system using tree search and reinforcement learning algorithms : Coding up Your First Solution to CartPole-v0
From the section: Lights, Camera, Action – Building Blocks of Reinforcement Learning. In this section, we learn about the main building blocks of reinforcement learning, including the action space, the environment, and the rewards. To...
Healthcare Triage
Prescription Opioids: Balancing Short Term Pain and Long Term Gain
A new simulation study published in the American Journal of Public Health shows that reducing opioids for short-term pain saves lives in the long run, even as it leaves some patients experiencing more pain. This is the fundamental...
TLDR News
Will The UK Become A Tax Haven After Brexit? - Brexit Explained
After Brexit, the UK will have a lot more control over their laws, taxes and tariffs. It could, and according to some, should use this power to become a tax haven. So can the UK become a tax haven and should it?
Curated Video
CompTIA Security+ Certification SY0-601: The Total Course - Securing the Cloud
Cloud security is generally split between the Cloud Service Provider (CSP) and the cloud tenant, depending on which type of cloud service is being used. Security solutions include firewalls, data loss prevention tools as well as a Cloud...
Healthcare Triage
The Trump Admin is Back to Sabotaging Obamacare
Last week, we gave the Trump department of Health and Human Services some credit for approaching the administration Obamacare as honest brokers. This week, it's back to sabotaging the ACA.
TLDR News
Points Based Immigration: The UK's New System Explained - Brexit Explained
Last week the UK government finally explained how immigration will work post brexit, laying out their new points-based immigration system. We explain how the new system works, how points are earned and who will gain entry to the UK. We...
The Wall Street Journal
Growth and Investment
Trade disputes and other forces are cascading through the region. What effect will they have on growth?
The Business Professor
Common Legal Disputes Over Insurance Agreement
Common Legal Disputes Over Insurance Agreement
Curated Video
Understanding Government Failure in Economics
This video discusses the concept of government failure and why it occurs in certain situations where a government intervention has a harmful effect on society's welfare despite being intended to improve it. The video provides examples of...
Curated Video
Competition Policy: Principles and Practices in the UK
This video introduces the topic of competition policy and explains why governments are interested in promoting competition. It outlines the benefits of competition, such as lower prices for consumers and the idea of consumer sovereignty....
Curated Video
Evaluating the Macroeconomic Concept of Monetary Policy
This video is an educational session on macroeconomics, focusing specifically on the concept of monetary policy. The video examines the impact of an increase in interest rates, discussing its impact on inflation, output, and economic...