• Market Economy: Crash Course Government and Politics #46

    Today, we’re going to take a look at how the government plays a role in the economy. Specifically, the way the government creates and maintains our market economic system. Now sure, the government’s role in the economy can be controversial, some may even say completely unnecessary. But there are some deficiencies in a free market, and we’re going to look at those, and the tools the government uses to combat those issues in maintaining a healthy and stable economy. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http:...

    published: 30 Jan 2016
  • Free Market Economy 101

    This is my explanation of how the Free Market Economy works, "Larry Ishmael" US Congress US House US Representative Environment Clean Air Global warming Suasor Education Taxes Energy Clean energy Policy Foreign Affairs International affairs

    published: 05 Jan 2012
  • Economic Systems and Macroeconomics: Crash Course Economics #3

    In which Jacob Clifford and Adriene Hill teach you about Economic Systems and Macroeconomics. So, economics is basically about choices. We'll look at some of the broadest economic choices when we talk about the difference between planned economies and market economies. We'll get into communism, socialism, command economies, and capitalism. We'll look at how countries choose the kind of system they're going to use (spoiler alert: many end up with mixed economies). We'll also look into how individuals make economic choices. Crash Course is now on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark Brouwer, Jan Schmid, Ann...

    published: 30 Jul 2015
  • Why Free Markets Work: Milton Friedman on Political Economy (1996)

    The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Friedman: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=258445d2550dd284ef86829343fdd0da&camp=1789&creative=9325&index=books&keywords=Milton%20Friedman Essentially, Friedman advocated setting the nominal interest rate at zero. According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating additional fiat money. It is assumed that the marginal cost of creating additional money is zero (or approximated by zero). Therefore, nominal rates of interest should be zero. In practice, this means that the central bank should seek a rate of deflation equal to the real interest rate on government bonds and ...

    published: 14 Nov 2015
  • GM on Free Market Economies

    A classic video explaining the concept of a free market economy and how it functions.

    published: 28 Jun 2016
  • Understanding a Free Market Economy

    Understanding a Free Market Economy

    published: 04 Oct 2016
  • ‘I oppose today’s so-called capitalism’ ‒ Ron Paul on free-market economy

    More than half of millennials oppose capitalism in its current form, according to a Harvard University poll. Boom Bust’s Ameera David talks to former Representative Ron Paul (R-Texas) to get his take on why the system isn’t working for younger Americans. Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America

    published: 03 May 2016
  • A Demonstration of a Free Market Economy

    Economics project for Mr. Huntley's 4th hour. This project is intended to show a positive view of a free market economy.

    published: 21 Feb 2013
  • Adam Smith - The Inventor of Market Economy I THE INDUSTRIAL REVOLUTION

    Adam Smith was one of the first men who explored economic connections in England and made clear, in a time when Mercantilism reigned, that the demands of the market should determine the economy and not the state. In his books Smith was a strong advocator of the free market economy. Today we give you the biography of the man behind the classic economic liberalism and how his ideas would change the world forever. Check out The Invention of the Light Bulb and our whole Playlist on the INDUSTRIAL REVOLUTION http://bit.ly/TheIndustrialRevolution » JOIN THE COMMUNITY! Write us on Facebook: http://bit.ly/ITSHISTORYfb Follow us on Twitter: http://twitter.com/thehistoryshow Your photos on Instagram: https://instagram.com/itshistorychannel » PARTNER channels Interested in the First World War? ...

    published: 22 Feb 2015
  • Free Market Basics

    dedicated to my friend witzkeyman... "Market Principle vs. Hegemonic Principle"-source: Rothbard, Murray N. "Man, Economy, and State with Power and Market." Alabama: Ludwig von Mises Institute, 2004.

    published: 08 Aug 2008
  • Can the Government Run the Economy?

    With the smartest experts and the best economists, could the federal government run the U.S. economy? Could it keep America's $17 trillion economy going like a well-oiled machine? Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, explains why no one person or group can "run" the economy, and why any attempt to do so can only make things worse. Donate today to PragerU: http://l.prageru.com/2eB2p0h Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru You can support PragerU by clicking here: https://www.classy.org/checkout/donation?eid=60079. Free videos are great, but to continue producing high-quality content, contributions--even small ones--are a must! Do you shop o...

    published: 08 Aug 2016
  • free market system

    None-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.

    published: 19 Mar 2014
  • Free Market Economy Debate: Why People Need to Learn Economics

    Free Market economy debate is in response to a video made by a fellow YouTube creator called Mexie who has decided to diss the Free Market economy with what I feel erroneous arguments and baseless claims. In my response I touch upon several things regarding regulation, private ownership, famines, healthcare etc. It is for this reason I feel it is why people need to learn Economics because so many people out there like Mexie wrongly confuse what a Free Market economy is. If people understood the Free Market it would go a long way to at least addressing the difference between what exists today to that of what a Free Market is. Capitalism too often wrongly gets the blame for what is not the fault of Capitalism but that of Corporatism, these are issues I have addressed many times in the past...

    published: 20 Apr 2017
  • Free-Market vs Command Economies

    A nation's economic system largely impacts how it chooses to allocate its resources. While some countries allow the government to make these decisions, others rely on markets to to determine what goods and services get produced, who gets them, and how the economy grows. Learn more about economic systems as well as the two major types of economic systems.

    published: 20 Sep 2016
  • Why Thieves Hate Free Markets - Learn Liberty

    Many believe that market economies create a dog eat dog environment full of human conflict and struggle. Learn more: http://lrnlbty.co/1izBCmC To Prof. Aeon Skoble, the competition in markets does not create conflict, but rather, encourages people to cooperate with one another for mutual benefit. For instance, suppose a thief steals a suit from Macy's. If Macy's knew who the thief was, one could argue that Macy's has an incentive to keep this information from their competitors. By withholding information about the thief, it would make it much less likely that thief would get caught while robbing Macy's competitors. However, in the real world, competitors share information about theft with one another, creating a valuable information network. Competitors share information because it is ...

    published: 27 Jan 2012
  • Pricing in a Free-Market Economy

    Go Premium for only $9.99 a year and access exclusive ad-free videos from Alanis Business Academy: http://bit.ly/1Iervwb View additional videos from Alanis Business Academy and interact with us on our social media pages: YouTube Channel: http://bit.ly/1kkvZoO Website: http://bit.ly/1ccT2QA Facebook: http://on.fb.me/1cpuBhW Twitter: http://bit.ly/1bY2WFA Google+: http://bit.ly/1kX7s6P While pricing in a command economy is at the discretion of government, pricing in a free-market economy is left up to individual markets. Learn how markets set prices in a free-market economy and the role that supply and demand play.

    published: 22 Sep 2016
Market Economy: Crash Course Government and Politics #46

Market Economy: Crash Course Government and Politics #46

  • Order:
  • Duration: 9:39
  • Updated: 30 Jan 2016
  • views: 140896
videos
Today, we’re going to take a look at how the government plays a role in the economy. Specifically, the way the government creates and maintains our market economic system. Now sure, the government’s role in the economy can be controversial, some may even say completely unnecessary. But there are some deficiencies in a free market, and we’re going to look at those, and the tools the government uses to combat those issues in maintaining a healthy and stable economy. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashC... Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
https://wn.com/Market_Economy_Crash_Course_Government_And_Politics_46
Free Market Economy 101

Free Market Economy 101

  • Order:
  • Duration: 7:37
  • Updated: 05 Jan 2012
  • views: 22851
videos https://wn.com/Free_Market_Economy_101
Economic Systems and Macroeconomics: Crash Course Economics #3

Economic Systems and Macroeconomics: Crash Course Economics #3

  • Order:
  • Duration: 10:18
  • Updated: 30 Jul 2015
  • views: 699474
videos
In which Jacob Clifford and Adriene Hill teach you about Economic Systems and Macroeconomics. So, economics is basically about choices. We'll look at some of the broadest economic choices when we talk about the difference between planned economies and market economies. We'll get into communism, socialism, command economies, and capitalism. We'll look at how countries choose the kind of system they're going to use (spoiler alert: many end up with mixed economies). We'll also look into how individuals make economic choices. Crash Course is now on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark Brouwer, Jan Schmid, Anna-Ester Volozh, Robert Kunz, Jason A Saslow, Christian Ludvigsen, Chris Peters, Brad Wardell, Beatrice Jin, Roger C. Rocha, Eric Knight, Jessica Simmons, Jeffrey Thompson, Elliot Beter, Today I Found Out, James Craver, Ian Dundore, Jessica Wode, SR Foxley, Sandra Aft, Jacob Ash, Steve Marshall TO: Everyone FROM: Martin To gild refined gold is just silly. TO: Dana FROM: Cameron Still holding out. We're going to make it! Thank you so much to all of our awesome supporters for their contributions to help make Crash Course possible and freely available for everyone forever: Raymond Cason, Marcel Pogorzelski, Cowgirlgem, Chua Chen Wei, Catherine Emond, Victoria Uney, Robin Uney, Damian Shaw, Sverre Rabbelier Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
https://wn.com/Economic_Systems_And_Macroeconomics_Crash_Course_Economics_3
Why Free Markets Work: Milton Friedman on Political Economy (1996)

Why Free Markets Work: Milton Friedman on Political Economy (1996)

  • Order:
  • Duration: 1:10:23
  • Updated: 14 Nov 2015
  • views: 23868
videos
The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Friedman: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=258445d2550dd284ef86829343fdd0da&camp=1789&creative=9325&index=books&keywords=Milton%20Friedman Essentially, Friedman advocated setting the nominal interest rate at zero. According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating additional fiat money. It is assumed that the marginal cost of creating additional money is zero (or approximated by zero). Therefore, nominal rates of interest should be zero. In practice, this means that the central bank should seek a rate of deflation equal to the real interest rate on government bonds and other safe assets, to make the nominal interest rate zero. The result of this policy is that those who hold money don't suffer any loss in the value of that money due to inflation. The rule is motivated by long-run efficiency considerations. This is not to be confused with Friedman's k-percent rule which advocates a constant yearly expansion of the monetary base. The marginal benefit of holding additional money is the decrease in transaction costs represented by (for example) costs associated with the purchase of consumption goods. With a positive nominal interest rate, people economise on their cash balances to the point that the marginal benefit (social and private) is equal to the marginal private cost (i.e., the nominal interest rate). This is not socially optimal, because the government can costlessly produce the cash until the supply is plentiful. A social optimum occurs when the nominal rate is zero (or deflation is at a rate equal to the real interest rate), so that the marginal social benefit and marginal social cost of holding money are equalized at zero. Thus, the Friedman Rule is designed to remove an inefficiency, and by doing so, raise the mean of output. The Friedman rule has been shown to be the welfare maximizing monetary policy in many economic models of money. It has been shown to be optimal in monetary economies with monopolistic competition (Ireland, 1996) and, under certain circumstances, in a variety of monetary economies where the government levies other distorting taxes.[2][3][4][5] However, there do exist several notable cases where deviation from the Friedman Rule becomes optimal. These include economies with decreasing returns to scale; economies with imperfect competition where the government does not either fully tax monopoly profits or set the tax equal to the labor income tax; economies with tax evasion; economies with sticky prices; and economies with downward nominal wage rigidity.[6] While normally deviations from the Friedman Rule are typically small, if there is a significant foreign demand for a nations currency, such as in the United States, the optimal rate of inflation is found to deviate significantly from what is called for by Friedman Rule in order to extract seigniorage revenue from foreign residents.[6] In the case of the United States, where over half of all U.S. dollars are held overseas, the optimal rate of inflation is found to be anywhere from 2 to 10%, whereas the Friedman Rule would call for deflation of almost 4%.[6] Recent results have also suggested that in order to achieve the goal of the Friedman Rule, namely to reduce the opportunity cost and monetary frictions associated with money, it may not be required that the nominal interest rate be set at zero.[7] When the effects of financial intermediaries and credit spreads are taken into account, the welfare optimality implied by the Friedman Rule can instead be achieved by eliminating the interest rate differential between the policy nominal interest rate and the interest rate paid on reserves by assuring that the rates are identical at all times. https://en.wikipedia.org/wiki/Friedman_rule
https://wn.com/Why_Free_Markets_Work_Milton_Friedman_On_Political_Economy_(1996)
GM on Free Market Economies

GM on Free Market Economies

  • Order:
  • Duration: 5:52
  • Updated: 28 Jun 2016
  • views: 83
videos
A classic video explaining the concept of a free market economy and how it functions.
https://wn.com/Gm_On_Free_Market_Economies
Understanding a Free Market Economy

Understanding a Free Market Economy

  • Order:
  • Duration: 1:40
  • Updated: 04 Oct 2016
  • views: 15
videos https://wn.com/Understanding_A_Free_Market_Economy
‘I oppose today’s so-called capitalism’ ‒ Ron Paul on free-market economy

‘I oppose today’s so-called capitalism’ ‒ Ron Paul on free-market economy

  • Order:
  • Duration: 8:09
  • Updated: 03 May 2016
  • views: 28386
videos
More than half of millennials oppose capitalism in its current form, according to a Harvard University poll. Boom Bust’s Ameera David talks to former Representative Ron Paul (R-Texas) to get his take on why the system isn’t working for younger Americans. Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America
https://wn.com/‘I_Oppose_Today’S_So_Called_Capitalism’_‒_Ron_Paul_On_Free_Market_Economy
A Demonstration of a Free Market Economy

A Demonstration of a Free Market Economy

  • Order:
  • Duration: 3:14
  • Updated: 21 Feb 2013
  • views: 5107
videos
Economics project for Mr. Huntley's 4th hour. This project is intended to show a positive view of a free market economy.
https://wn.com/A_Demonstration_Of_A_Free_Market_Economy
Adam Smith - The Inventor of Market Economy I THE INDUSTRIAL REVOLUTION

Adam Smith - The Inventor of Market Economy I THE INDUSTRIAL REVOLUTION

  • Order:
  • Duration: 7:19
  • Updated: 22 Feb 2015
  • views: 36974
videos
Adam Smith was one of the first men who explored economic connections in England and made clear, in a time when Mercantilism reigned, that the demands of the market should determine the economy and not the state. In his books Smith was a strong advocator of the free market economy. Today we give you the biography of the man behind the classic economic liberalism and how his ideas would change the world forever. Check out The Invention of the Light Bulb and our whole Playlist on the INDUSTRIAL REVOLUTION http://bit.ly/TheIndustrialRevolution » JOIN THE COMMUNITY! Write us on Facebook: http://bit.ly/ITSHISTORYfb Follow us on Twitter: http://twitter.com/thehistoryshow Your photos on Instagram: https://instagram.com/itshistorychannel » PARTNER channels Interested in the First World War? Check out our channel THE GREAT WAR! https://www.youtube.com/user/TheGreatWar » SOURCES Videos: British Pathé (https://www.youtube.com/user/britishpathe) Pictures: mainly Picture Alliance » ABOUT US IT’S HISTORY is a ride through history - Join us discovering the world’s most important eras in IN TIME, BIOGRAPHIES of the GREATEST MINDS and the most important INVENTIONS. » HOW CAN I SUPPORT YOUR CHANNEL? You can support us by sharing our videos with your friends and spreading the word about our work. » CAN I EMBED YOUR VIDEOS ON MY WEBSITE? Of course, you can embed our videos on your website. We are happy if you show our channel to your friends, fellow students, classmates, professors, teachers or neighbors. Or just share our videos on Facebook, Twitter, Reddit etc. Subscribe to our channel and like our videos with a thumbs up. » CAN I SHOW YOUR VIDEOS IN CLASS? Of course! Tell your teachers or professors about our channel and our videos. We’re happy if we can contribute with our videos. » CREDITS Presented by: Brett Ortgiesen Based on the script by: Ella TheBee Translated by: Brett Ortgiesen Directed By: Daniel Czepelczauer Director of Photography: Markus Kretzschmar Music: Markus Kretzschmar and Daniel Czepelczauer Sound Design: Bojan Novic Editing: Markus Kretzschmar A Mediakraft Networks original channel Based on a concept by Florian Wittig Visual conception: Markus Kretzschmar Executive Producers: Astrid Deinhard-Olsson, Spartacus Olsson Head of Production: Michael Wendt Producer: Daniel Czepelczauer Social Media Producer: Hendrik Sontheim Social Media Manager: Florian Wittig and Laura Pagan Contains material licensed from British Pathé All rights reserved - © Mediakraft Networks GmbH, 2015
https://wn.com/Adam_Smith_The_Inventor_Of_Market_Economy_I_The_Industrial_Revolution
Free Market Basics

Free Market Basics

  • Order:
  • Duration: 4:22
  • Updated: 08 Aug 2008
  • views: 44664
videos
dedicated to my friend witzkeyman... "Market Principle vs. Hegemonic Principle"-source: Rothbard, Murray N. "Man, Economy, and State with Power and Market." Alabama: Ludwig von Mises Institute, 2004.
https://wn.com/Free_Market_Basics
Can the Government Run the Economy?

Can the Government Run the Economy?

  • Order:
  • Duration: 5:21
  • Updated: 08 Aug 2016
  • views: 800506
videos
With the smartest experts and the best economists, could the federal government run the U.S. economy? Could it keep America's $17 trillion economy going like a well-oiled machine? Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, explains why no one person or group can "run" the economy, and why any attempt to do so can only make things worse. Donate today to PragerU: http://l.prageru.com/2eB2p0h Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru You can support PragerU by clicking here: https://www.classy.org/checkout/donation?eid=60079. Free videos are great, but to continue producing high-quality content, contributions--even small ones--are a must! Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! http://www.prageru.com FOLLOW us! PragerU is on Snapchat! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ JOIN PragerFORCE! For Students: http://l.prageru.com/2aozfkP Sponsor a Student: http://l.prageru.com/2aoz2ht JOIN our Educators Network! http://l.prageru.com/2aoz2y9 Script: Is our economy a machine, like an automobile, a train or a power plant? One constantly hears phrases such as the economy “is overheating” or “needs to cool off” or “could use some stimulus.” These aren’t harmless metaphors. They epitomize how economists have taught us to see an economy—as something that can be manipulated, guided or driven. And guess who does the driving? The government. The government is supposed to make sure that the economy “hums” along at an even speed, going neither too fast nor too slow. But the economy is not a machine. It is made up of people, and no one can control what billions of them are going to do. What gets overlooked, underplayed or simply ignored is the extraordinary “churn” in the activities of a free market. New businesses open while others close, constantly. In the U.S. during normal times a half-million or more jobs are created each week, while another half-million are cut. Entrepreneurs continually roll out new products and services, most of which flop. But those that succeed can greatly improve our quality of life. What government can and should do is to positively influence the environment in which this hum of activity takes place through sensible taxation, monetary policy, government spending and regulation. And in almost all instances the best prescription for economic health is “less is more.” Catastrophic mistakes by governments can poison the marketplace, as happened during the Great Depression in the 1930s, to a lesser extent in the 1970s, and then again in the panic of 2008–09. The government’s recent mistakes have been compounded by tax increases and an avalanche of antigrowth regulations from ObamaCare, the Dodd-Frank financial services bill and all those Washington regulatory agencies, such as the FCC, the EPA and the National Labor Relations Board. If you want to understand why the American economy has been growing at the anemic pace of 1 to 2 percent a year, look no further. Again, the idea of an economy that purrs along like a well-oiled machine hurts, not enhances, wealth creation because invariably, it leads to growth retarding government intervention. Which brings us to bubbles. Shouldn’t the government, the argument goes, at least try to stop them from happening? Well, it depends. Those caused by misguided government policies like the housing bubble of the mid 2000’s, yes. Those caused by the free market, no. Bubbles have a bad name, but not all of them are created equal. There are healthy ones and unhealthy ones. The good kind develops when a lot of people simultaneously recognize a great opportunity. Computers are an excellent example. During the early 1980s there was a boom in personal computers–followed by a severe shakeout, when companies such as Atari and Commodore bit the dust. In the late 1990s a number of companies recognized the importance of search engines. Google emerged supreme with Microsoft and others relegated to fractional market shares. For the complete script, visit https://www.prageru.com/courses/economics/can-government-run-economy
https://wn.com/Can_The_Government_Run_The_Economy
free market system

free market system

  • Order:
  • Duration: 4:02
  • Updated: 19 Mar 2014
  • views: 2007
videos
None-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
https://wn.com/Free_Market_System
Free Market Economy Debate: Why People Need to Learn Economics

Free Market Economy Debate: Why People Need to Learn Economics

  • Order:
  • Duration: 23:11
  • Updated: 20 Apr 2017
  • views: 154
videos
Free Market economy debate is in response to a video made by a fellow YouTube creator called Mexie who has decided to diss the Free Market economy with what I feel erroneous arguments and baseless claims. In my response I touch upon several things regarding regulation, private ownership, famines, healthcare etc. It is for this reason I feel it is why people need to learn Economics because so many people out there like Mexie wrongly confuse what a Free Market economy is. If people understood the Free Market it would go a long way to at least addressing the difference between what exists today to that of what a Free Market is. Capitalism too often wrongly gets the blame for what is not the fault of Capitalism but that of Corporatism, these are issues I have addressed many times in the past. Mexie believes that there was deregulation and therefore she believes this led to fewer jobs in the marketplace, little does she understand that the causation of fewer jobs was not more competition but the destruction of competition led by big corporations lobbying government for more government regulations. The Free Market economy debate touches briefly on the free market and I explain this clearly on issues such as; healthcare, banking crisis and even in relation to the market regulating itself.
https://wn.com/Free_Market_Economy_Debate_Why_People_Need_To_Learn_Economics
Free-Market vs  Command Economies

Free-Market vs Command Economies

  • Order:
  • Duration: 3:57
  • Updated: 20 Sep 2016
  • views: 0
videos
A nation's economic system largely impacts how it chooses to allocate its resources. While some countries allow the government to make these decisions, others rely on markets to to determine what goods and services get produced, who gets them, and how the economy grows. Learn more about economic systems as well as the two major types of economic systems.
https://wn.com/Free_Market_Vs_Command_Economies
Why Thieves Hate Free Markets - Learn Liberty

Why Thieves Hate Free Markets - Learn Liberty

  • Order:
  • Duration: 3:03
  • Updated: 27 Jan 2012
  • views: 1474993
videos
Many believe that market economies create a dog eat dog environment full of human conflict and struggle. Learn more: http://lrnlbty.co/1izBCmC To Prof. Aeon Skoble, the competition in markets does not create conflict, but rather, encourages people to cooperate with one another for mutual benefit. For instance, suppose a thief steals a suit from Macy's. If Macy's knew who the thief was, one could argue that Macy's has an incentive to keep this information from their competitors. By withholding information about the thief, it would make it much less likely that thief would get caught while robbing Macy's competitors. However, in the real world, competitors share information about theft with one another, creating a valuable information network. Competitors share information because it is in all of their mutual interest to crack down on theft. If a business chooses to ignore the information network, they lose out on valuable information. The example above is just one of many examples where competitors have a strong incentive to cooperate with one another. In a certain way, we're all merchants who trade with one another. We all individually depend on networks of reputation and trust to own a car, own a home, and have a job. In a world of competition and scarcity, we are not only capable of cooperating with one another, but we frequently do. These voluntary systems of social cooperation, often called organic or spontaneous orders, are not planned from the top down by enlightened rulers. Rather, they emerge overtime as individuals interact with one another. These spontaneous orders are all around us, and include important things like language, fashion, internet memes, prices in a market, and law. Going back to the suit thief, it may very well be the case that some individuals abstain from crime because of the threat of jail. However, it is also very likely that crime is prevented through networks of trust and reputation. The next time you hear that the problems that society faces can only be solved by applying force from the top down, you are right to be skeptical. Peaceful and voluntary mechanisms that encourage and facilitate cooperation are all around us. SUBSCRIBE: http://bit.ly/1HVAtKP FOLLOW US: - Website: https://www.learnliberty.org/ - Facebook: https://www.facebook.com/LearnLiberty - Twitter: https://twitter.com/LearnLiberty - Google +: http://bit.ly/1hi66Zz LEARN LIBERTY Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP
https://wn.com/Why_Thieves_Hate_Free_Markets_Learn_Liberty
Pricing in a Free-Market Economy

Pricing in a Free-Market Economy

  • Order:
  • Duration: 4:00
  • Updated: 22 Sep 2016
  • views: 282
videos
Go Premium for only $9.99 a year and access exclusive ad-free videos from Alanis Business Academy: http://bit.ly/1Iervwb View additional videos from Alanis Business Academy and interact with us on our social media pages: YouTube Channel: http://bit.ly/1kkvZoO Website: http://bit.ly/1ccT2QA Facebook: http://on.fb.me/1cpuBhW Twitter: http://bit.ly/1bY2WFA Google+: http://bit.ly/1kX7s6P While pricing in a command economy is at the discretion of government, pricing in a free-market economy is left up to individual markets. Learn how markets set prices in a free-market economy and the role that supply and demand play.
https://wn.com/Pricing_In_A_Free_Market_Economy
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