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Everyday Economics (Video)

Updated 6 days ago

Education
Society & Culture
Science
Social Sciences
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Economics Courses

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Economics Courses

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iTunes Ratings

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Average Ratings
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Cover image of Everyday Economics (Video)

Everyday Economics (Video)

Updated 6 days ago

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Economics Courses

Rank #1: The Rise and Fall of the Chinese Economy

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A very poor country turned modern economy, China is now facing economic hardship. How did this happen? What led to its astonishing economic growth and what’s fueling its current woes? Join Tyler Cowen as he dives into the rise and fall of China’s economy...

Oct 20 2015

12mins

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Rank #2: 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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Rank #3: 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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Rank #4: 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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Rank #5: 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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