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Everyday Economics (Video)

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Cover image of Everyday Economics (Video)

Everyday Economics (Video)

Latest release on Apr 04, 2017

All 14 episodes from oldest to newest

The Great Reset

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Economic progress is not continual and inevitable. It can be disrupted with short downturns and, as we’ve seen in this series, periods of stasis. If we continue on this trajectory, there is the possibility of a “great reset” and there are some strong...

Apr 04 2017

7mins

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The Missing Men

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We’re going to paint a not-so-pretty picture of the current U.S. labor force: Millions of working age (25-54) American men do not have jobs and, because they are not actively seeking work, do not count towards our primary unemployment statistic. Many of...

Mar 27 2017

4mins

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American Stasis

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Disruption. This is the big buzzword when it comes to startups and Silicon Valley. Many of the top tech businesses today have caused major disruptions in their industries – from Uber, to Airbnb, and even Facebook, these tech giants are changing the game...

Mar 20 2017

7mins

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The New Era of Segregation

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Do you live in a “bubble?” There’s a good chance that the answer is, at least in part, a resounding “Yes.”
In our algorithm-driven world, digital servants cater to our individual preferences like never before. This has caused many improvements to our...

Mar 06 2017

7mins

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The Complacent Class

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Restlessness has long been seen as a signature trait of what it means to be American. We've been willing to cross great distances, take big risks, and adapt to change in ways that have produced a dynamic economy. From Ben Franklin to Steve Jobs,...

Feb 27 2017

7mins

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Economist's Christmas

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What do you really want for the holidays? And how can you be sure you’re giving the perfect gift to someone else?
Of course, you want to get your loved ones something they will appreciate, but you face a knowledge problem: you don’t know everything about...

Dec 04 2016

5mins

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Comparative Advantage and the Tragedy of Tasmania

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What can a small, isolated island economy teach the rest of the world about the nature and causes of the wealth of nations? When Tasmania was cut off from mainland Australia, it experienced the miracle of growth in reverse, as the reduction in trade and...

Oct 23 2015

7mins

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How the Division of Knowledge Saved My Son's Life

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In this video, Professor Boudreaux explains how the specialization of knowledge helped his two-year old son overcome a life-threatening illness. The science of medicine has enjoyed significant progress since the 19th century thanks to the vast size of...

Oct 23 2015

4mins

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Division of Labor: Burgers and Ships

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A simple example of hamburgers being made at home versus at a restaurant can help illuminate the explosion of prosperity since the Industrial Revolution. The story of the division of labor and development of specialized tools is not a new one — Adam...

Oct 23 2015

3mins

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The Hockey Stick of Human Prosperity

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In this series, Professor Don Boudreaux explores the question economists have been asking since the era of Adam Smith – what creates wealth? On a timeline of human history, the recent rise in standards of living resembles a hockey stick – flatlining for...

Oct 23 2015

4mins

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