Ultimate List of Economic Videos

Dr. Walter Williams on Legitimate Government

2012-02-20T05:04:00.000-06:00

While the topic of government is not the key focus of this blog this fresh video of economist Walter E. Williams speaking at Villanova University connects the personal and societal factors of government policies on taxation and rights.

A great look at how economics matters when it comes to government and your life!

Edgar the Exploiter

2012-02-19T09:40:00.000-06:00

A simple study on workers, greed and minimum wage: Edgar the Exploiter by Thomasz Kaye

Removing the bottom rungs from the economic ladder?

Links to the concepts used in this video:

The Law by Frederic Bastiat (pdf)

Economics in One Lesson by Henry Hazlitt (pdf)

Anatomy of the State (video)

Congresswoman Lummis on Economics

2012-02-11T16:52:00.000-06:00

Jan Helfeld is known for interviewing a lot of our public servants on his program The Bottom Line. This week he makes our list of Econ videos for a great discussion with Wyoming Representative Cynthia Lummis on opportunity cost, import/export factors and competition in the economic climate around the globe today.

And for those who have been scratching their heads on the latest unemployment chart we have Jodi from Economists Do It With Models breaking down the BLS groupings of unemployed people in the labor force. And you thought U2 was an Irish band or an airplane until now.

W2 Season, Get Ready for the Taxman

2012-02-03T14:17:00.000-06:00

Well if you're like me you got your W2 form this week (that yearly reminder that the federal government gets its share of your earnings first), or you are expecting it any day now so you can submit your tax return or if you owe more, how long you can delay the agony.

The best video we found this week pays homage to none other than the overseer of all spending of tax moneys: Barrack Obama.

Our apologies to The Beatles

The average American has a tax rate around 25%. It's easy to see why some people are just counting down the days until they have worked off their annual burden.

But don't celebrate Tax Freedom Day just yet; You may need to factor in state income tax, sales tax or local property taxes! Then there's the federal tax on every gallon of gas you buy (18 cents per gallon), while we're looking at your car you probably shelled out enough to buy a nice dinner for two just so you can drive the car on public roads for a year. Extra fees for fishing, taxes on hotel rooms for your business and vacation travel, the list goes on and on and on!

If it drives you to drink... well you know they taxed that too. My state even tried taxing illegal drugs just to snag more revenue from people they caught, it worked for a couple of years. And it wasn't the first time some drugs have been taxed.

We hope you enjoyed the video. You can breathe easy now, there's no tax on air yet.

Now some insight into how Warren Buffet's talk about taxes still barely affects him, meanwhile his company doesn't seem to be taking the high road and paying it's taxes.

Solutions for Schools

2012-01-28T05:51:00.000-06:00

Finishing up National School Choice Week: Rebuilding Right in New Orleans

"We can't do this to kids. We are paying far too much money for a public education system that isn't working," says Vice President of National School Choice Week Andrew Campanella.

Empowering parents and students!

Be sure to "like" them on Facebook http://www.facebook.com/schoolchoiceweek

Our second feature today is -
Learn Liberty and Professor Skoble on Social Cooperation: Why Thieves Hate Free Markets

Well this wraps up January of 2012, recapping the post popular posts this month:
The History of Austrian Economics

The Solution to the Debt Ceiling

Thanks for watching, thanks for the +1s and sharing the links with your friends and don't forget to Follow this blog

Freedom and Equality + Think Different

2012-01-24T22:45:00.000-06:00

During the State of the Union address much was made of how some people have more economically and the Buffet Rule. He also mentioned Steve Jobs, much more on that below.

So this week's choice comes from the Economic Freedom channel:

Next for a full length show we share biographer Walter Isaacson on Steve Jobs. Jobs, mentioned by the president, was economically rewarded by bringing out the best quality in computers via the capitalist system. Jobs might have been a better responder to the SOTU address than Mitch Daniels. But we do know that Jobs spoke with the President and I think his influence was reflected in the Tuesday evening speech.

`When he finally relented and they met at the Westin San Francisco Airport, Jobs was characteristically blunt. He seemed to have transformed from a liberal into a conservative.
"You're headed for a one-term presidency," he told Obama at the start of their meeting, insisting that the administration needed to be more business-friendly. As an example, Jobs described the ease with which companies can build factories in China compared to the United States, where "regulations and unnecessary costs" make it difficult for them.
Jobs also criticized America's education system, saying it was "crippled by union work rules," noted Isaacson. "Until the teachers' unions were broken, there was almost no hope for education reform." Jobs proposed allowing principals to hire and fire teachers based on merit, that schools stay open until 6 p.m. and that they be open 11 months a year.` ~ Steve Jobs to President Obama in 2010 *

So two of the key topics mentioned tonight by the president come from Job's mouth.

He has passed fewer regulations [on business] than the previous administration
Teachers who don't perform should be cut. That may cause a panic among some mediocre educators who feel safe with the union and tenure.

`...keep good teachers on the job, and reward the best ones. In return, grant schools flexibility: To teach with creativity and passion; to stop teaching to the test; and to replace teachers who just aren't helping kids learn.` ~ President Obama, January 24, 2012

Well that is all for this week. This last link will make you Think Different, coincidentally this video announces the arrival of a technology game changer exactly 28 years ago this day, January 24th, 1984.

WE ENCOURAGE YOU TO 'THINK DIFFERENT' ABOUT ECONOMIC POLICY AND GOVERNMENT!

* Read the whole article at: http://www.huffingtonpost.com/2011/10/20/steve-jobs-biography-obama_n_1022786.html

The solution to the Debt Ceiling

2012-01-21T07:25:00.000-06:00

Humor has a way of helping make a point. I think we can share this one with our not so econ-nerd friends, the punchline really hits home.

Debt Limit, going UP. <ding>

And for the more serious study today we have four minutes on The Expenditure Categories of GDP which was just posted by Jodi at Economists Do It With Models.

This video outlines the expenditure categories of Gross Domestic Product and explains how they come together in order to form aggregate output or income.

If you like that video you can find more on the page above.

UTHT9UC935HP

The History of Austrian Economics

2012-01-14T07:00:00.007-06:00

The latest from FEE.org; The History of Austrian Economics

140 years broken down into four periods:

1871 - 1914 (WW1) The Founding Period
1914 - 1932 Period of Consolidation
1932 - 1974 Era of Mises and Hayek
1974 - recent

This is good but be prepared to watch, it's an hour long. I recommend getting a snack and maybe a notepad for maximized viewing quality.

Latest post from Economist Do It With Models, Jodi the Econ Girl

2011-12-29T07:35:00.003-06:00

We hope you are enjoying the holidays, if you're looking at this blog in between all the merriment then maybe you are in the mind frame for some much deeper subject matter. This week Jodi released her latest; Profit Maximization in Competitive Markets.

Vote now... wait watch all the submissions first

2011-12-24T20:42:00.000-06:00

A couple of the recently posted videos have come from this contest, now it's time for fans to check them all out and vote for the best one!

We won't try to influence the voting so watch them all then judge on their own merit. It's great to see more economic perspectives in youthful expression. Here is one with a different style than the rap videos in previous posts:

Enjoy! Oh, and don't forget to vote.

Why a blog about economics videos?

2011-12-22T10:45:00.001-06:00

Economic events affect everyone on the planet but few people take time to think about economics outside of their own household budget or work place.

With some of the great innovations the free market has brought us: HD cameras, easy video editing and the internet people are sharing some great works!

What used to be like this:

has now become lively and informative.

Some of these are short and humorous while others are serious studies that you might dedicate one day a week to watching.

We believe that a deeper understanding of economics helps people relate to their property and freedom and we hope collecting videos together like this will bring economic concepts into your daily life. Keep watching and learning.

December Double Down

2011-12-13T14:23:00.002-06:00

Not only does this week bring us cool new clothes, but we also get a new rap video from Dorian Electra!

Is it just me or is her style like the dollar sign girl: Ke$ha?

And that reminds me of a joke. The current economic slump has forced Ke$ha to change her spelling to Ke¢ha. Lol, hat tip to my old school mate Carl Nelson.

Economics nerd gear from EconTV

2011-12-13T13:50:00.005-06:00

Just in time for the holidays! Shirts, coffee cups, etc. now available from The Econ Store, the same crew who brought you Keynes vs. Hayek rap one and two.

Hayek's Gift:

Will John Maynard ever learn to stop being such a lush!