• 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
  • Understanding a Free Market Economy

    Understanding a Free Market Economy

    published: 04 Oct 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
  • 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
  • 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
  • ‘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
  • Economics - Principles of the Free Market

    In a theoretically free market, what drives the buying and selling of goods and services? Learn about the seven principles that are fundamental to the free market system.

    published: 24 Jan 2015
  • Command and market economies

    An introduction to the difference between command economies and market economies.

    published: 14 Aug 2017
  • Robert Reich Explains Why Free Market Capitalism Will Never Work

    If you appreciate this channel and what it represents please support me and buy my book https://goo.gl/xVCdaW Subscribe to my second channel https://www.youtube.com/channel/UClJp4gyWfqoB6NjAk1eihog/videos

    published: 09 Feb 2017
  • Is Capitalism Moral?

    Is capitalism moral or greedy? If it's based on greed and selfishness, what's the best alternative economic system? Perhaps socialism? And if capitalism is moral, what makes it so? Walter Williams, a renowned economist at George Mason University, answers these questions and more. Donate today to PragerU! http://l.prageru.com/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys ...

    published: 14 Sep 2015
  • 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
  • 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 and Command Economies Explained

    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 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: 21 Sep 2016
  • Why Capitalism Works and Socialism Doesn't: Free Market vs Command Economy—Part 1

    Why capitalism works and socialism doesn't is because when you compare the free market vs command economy, the free market works efficiently as it is driven by consumer demand therefore the market has the knowledge to provide service to meet the demand of the market whereas government central planning through the command economy is faced with the economic calculation problem otherwise known as the price mechanism problem. In this video comparing the free market vs command economy I explain briefly about prices and the economic calculation problem as well as the knowledge problem socialism is faced with. I also give an explanation as to why the free market works efficiently proving why capitalism works and socialism doesn't. This first part video is aimed at debunking the foundation of h...

    published: 09 Oct 2017
  • 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/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an an...

    published: 08 Aug 2016
  • 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
  • Economic & Social Models: Part 1: The Free Market

    This is meant to be a collaborative series between myself, CS MGTOW, and NoHoldsBarred. We were originally going to do a live hangout/podcast, but had irreconcilable schedule issues. In this video I will introduce and support what I believe to be the best viable economic/social model, which is the free market. It isn't perfect, but it works because it is in harmony with human nature, and evolution (both biological and social). CS MGTOW's channel: https://www.youtube.com/channel/UCAl43drJKetBdC4konDarOQ CS MGTOW: Economic systems, trade offs and gynocentrisms - MGTOW https://www.youtube.com/watch?v=IPgCedYPrso Economic systems, trade offs and gynocentrisms Part II - MGTOW https://www.youtube.com/watch?v=xIvVqL7x-Vo NoHoldsBarred's channel: https://www.youtube.com/user/noholdsbarred123 ...

    published: 17 Apr 2016
  • What's a Free Market Economy?

    Hi! This video is looking at the Edexcel A 2015 exam board, section 1.1.6 about free market economies. This video can also be used for different exam boards or other levels of qualifications. Hope you find it useful and feel free to ask questions!

    published: 25 Jul 2016
  • Free Market vs Command Economies

    published: 28 Sep 2015
  • How Does a Free Market Economy Stimulate Growth? Capitalism, Environmentalism (2001)

    Free to Choose (1980) is a book and a ten-part television series broadcast on public television by economists Milton and Rose D. Friedman that advocates free market principles. About Henderson's book: https://www.amazon.com/gp/product/0130621129/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0130621129&linkCode=as2&tag=tra0c7-20&linkId=2e76049b41193db6a998d88dcf91924d It was primarily a response to an earlier landmark book and television series: The Age of Uncertainty, by the noted economist John Kenneth Galbraith. Milton Friedman won the Nobel Memorial Prize in Economics in 1976. Guest debaters included: Gregory Anrig (Commissioner of Massachusetts Department of Education) Jagdish Bhagwati (economist) William H. Brady (Founder and President of W.H. Brady Co.) ...

    published: 09 Jul 2015
  • 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
  • China's Moves Towards a Free Market Economy | Journal Interview

    In the Interview: Chinese Government Banking Supervisor, Li Jiange

    published: 09 Mar 2014
  • India - Fastest growing free market economy

    published: 16 Aug 2013
  • 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
  • Free-market economy project

    published: 07 Apr 2017
  • Free Market Economy Video

    published: 09 Nov 2016
  • Free Market Economy

    published: 16 Aug 2016
  • free market economy

    published: 19 Aug 2016
  • Free Market Economy Project

    published: 25 Aug 2016
developed with YouTube
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: 214160
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
Understanding a Free Market Economy

Understanding a Free Market Economy

  • Order:
  • Duration: 1:40
  • Updated: 04 Oct 2016
  • views: 1753
videos https://wn.com/Understanding_A_Free_Market_Economy
Free Market Economy 101

Free Market Economy 101

  • Order:
  • Duration: 7:37
  • Updated: 05 Jan 2012
  • views: 30796
videos https://wn.com/Free_Market_Economy_101
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: 55818
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)
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: 1170226
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
‘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: 33741
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
Economics - Principles of the Free Market

Economics - Principles of the Free Market

  • Order:
  • Duration: 14:35
  • Updated: 24 Jan 2015
  • views: 1207
videos
In a theoretically free market, what drives the buying and selling of goods and services? Learn about the seven principles that are fundamental to the free market system.
https://wn.com/Economics_Principles_Of_The_Free_Market
Command and market economies

Command and market economies

  • Order:
  • Duration: 9:44
  • Updated: 14 Aug 2017
  • views: 5494
videos
An introduction to the difference between command economies and market economies.
https://wn.com/Command_And_Market_Economies
Robert Reich Explains Why Free Market Capitalism Will Never Work

Robert Reich Explains Why Free Market Capitalism Will Never Work

  • Order:
  • Duration: 3:31
  • Updated: 09 Feb 2017
  • views: 6891
videos
If you appreciate this channel and what it represents please support me and buy my book https://goo.gl/xVCdaW Subscribe to my second channel https://www.youtube.com/channel/UClJp4gyWfqoB6NjAk1eihog/videos
https://wn.com/Robert_Reich_Explains_Why_Free_Market_Capitalism_Will_Never_Work
Is Capitalism Moral?

Is Capitalism Moral?

  • Order:
  • Duration: 5:23
  • Updated: 14 Sep 2015
  • views: 934865
videos
Is capitalism moral or greedy? If it's based on greed and selfishness, what's the best alternative economic system? Perhaps socialism? And if capitalism is moral, what makes it so? Walter Williams, a renowned economist at George Mason University, answers these questions and more. Donate today to PragerU! http://l.prageru.com/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys 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 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! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: Many people believe that free market capitalism is selfish, even immoral. They say it's about greed, about a hunger for money and power; that it helps the rich and hurts the poor. They're wrong. The free market is not only economically superior, it is morally superior to any other way of organizing economic behavior. Here's why. The free market calls for voluntary actions between individuals. There's no coercion. In a free market, if I want something from you, I have to do something for you. Let's say I mow your lawn and you pay me twenty dollars. What does that twenty dollars really mean? When I go to the grocer and say, "I would like to have four pounds of steak" He, in effect, says to me, "You want a lot of people to serve you -- ranchers, truckers, butchers, and packagers. All these people have to be paid. What did you do to serve your fellow man?" "Well," I say, "I mowed my fellow man's lawn." And the grocer says, "Prove it." Then I offer him the twenty dollars. Think of the money that you've earned as a certificate of performance. It's proof that you've served your fellow man. People accuse the free market of not being moral because they say it's a zero-sum game, like poker, where if you win, it means that I have to lose. But the free market is not a zero-sum game. It's a positive sum game. You do something good for me, such as give me that steak and I'll do something good for you -- give you twenty dollars. I'm better off because I valued the steak more than I valued the $20 and the grocer is better off because he valued the $20 more than he valued the steak. We both win. Ironically, it's the government, not the free market, that creates zero-sum games in our economy. If you use the government to get a food stamp, a farm subsidy or a business bail out, you will benefit -- but at the expense of your fellow citizens. Isn't it more moral to require that people serve their fellow man in order to have a claim on what he produces rather than not serve others and still have a claim? But, a lot of people ask, what about giant corporations? Don't they have too much power over our lives? Not in a free market. Because in a free market We, the People, decide the fate of companies who want our business. Free market capitalism will punish a corporation that does not satisfy customers or fails to use resources efficiently. Businesses, big and small, that wish to prosper are held accountable by the people who vote with their dollars. And, again, it's the government that can undo this. For the complete script, visit https://www.prageru.com/videos/capitalism-moral
https://wn.com/Is_Capitalism_Moral
Why Thieves Hate Free Markets - Learn Liberty

Why Thieves Hate Free Markets - Learn Liberty

  • Order:
  • Duration: 3:03
  • Updated: 27 Jan 2012
  • views: 1488023
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
free market system

free market system

  • Order:
  • Duration: 4:02
  • Updated: 19 Mar 2014
  • views: 3764
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 and Command Economies Explained

Free-Market and Command Economies Explained

  • Order:
  • Duration: 3:57
  • Updated: 21 Sep 2016
  • views: 2854
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 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_And_Command_Economies_Explained
Why Capitalism Works and Socialism Doesn't: Free Market vs Command Economy—Part 1

Why Capitalism Works and Socialism Doesn't: Free Market vs Command Economy—Part 1

  • Order:
  • Duration: 10:20
  • Updated: 09 Oct 2017
  • views: 284
videos
Why capitalism works and socialism doesn't is because when you compare the free market vs command economy, the free market works efficiently as it is driven by consumer demand therefore the market has the knowledge to provide service to meet the demand of the market whereas government central planning through the command economy is faced with the economic calculation problem otherwise known as the price mechanism problem. In this video comparing the free market vs command economy I explain briefly about prices and the economic calculation problem as well as the knowledge problem socialism is faced with. I also give an explanation as to why the free market works efficiently proving why capitalism works and socialism doesn't. This first part video is aimed at debunking the foundation of his argument on efficiency and will address the rest of his argument following. If you have any questions you would like to ask, feel free to comment below. Be sure to like the video, favourite, share and if you like my channel feel free to subscribe! Scotty Source to video I'm responding to: https://www.youtube.com/watch?v=Hz1nZjm4eiE&t=16s
https://wn.com/Why_Capitalism_Works_And_Socialism_Doesn't_Free_Market_Vs_Command_Economy—Part_1
Can the Government Run the Economy?

Can the Government Run the Economy?

  • Order:
  • Duration: 5:21
  • Updated: 08 Aug 2016
  • views: 895798
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/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys 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 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! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff 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/videos/can-government-run-economy
https://wn.com/Can_The_Government_Run_The_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: 61832
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
Economic & Social Models: Part 1: The Free Market

Economic & Social Models: Part 1: The Free Market

  • Order:
  • Duration: 21:29
  • Updated: 17 Apr 2016
  • views: 13775
videos
This is meant to be a collaborative series between myself, CS MGTOW, and NoHoldsBarred. We were originally going to do a live hangout/podcast, but had irreconcilable schedule issues. In this video I will introduce and support what I believe to be the best viable economic/social model, which is the free market. It isn't perfect, but it works because it is in harmony with human nature, and evolution (both biological and social). CS MGTOW's channel: https://www.youtube.com/channel/UCAl43drJKetBdC4konDarOQ CS MGTOW: Economic systems, trade offs and gynocentrisms - MGTOW https://www.youtube.com/watch?v=IPgCedYPrso Economic systems, trade offs and gynocentrisms Part II - MGTOW https://www.youtube.com/watch?v=xIvVqL7x-Vo NoHoldsBarred's channel: https://www.youtube.com/user/noholdsbarred123 NoHoldsBarred: A Moneyless Economic System Part 1: https://www.youtube.com/watch?v=4wJ7Oj5spss Part 2: https://www.youtube.com/watch?v=MyhC3h_fSlI Gameplay: AdVenture Capitalist (Android Mobile)
https://wn.com/Economic_Social_Models_Part_1_The_Free_Market
What's a Free Market Economy?

What's a Free Market Economy?

  • Order:
  • Duration: 5:47
  • Updated: 25 Jul 2016
  • views: 255
videos
Hi! This video is looking at the Edexcel A 2015 exam board, section 1.1.6 about free market economies. This video can also be used for different exam boards or other levels of qualifications. Hope you find it useful and feel free to ask questions!
https://wn.com/What's_A_Free_Market_Economy
Free Market vs  Command Economies

Free Market vs Command Economies

  • Order:
  • Duration: 2:34
  • Updated: 28 Sep 2015
  • views: 1597
videos
https://wn.com/Free_Market_Vs_Command_Economies
How Does a Free Market Economy Stimulate Growth? Capitalism, Environmentalism (2001)

How Does a Free Market Economy Stimulate Growth? Capitalism, Environmentalism (2001)

  • Order:
  • Duration: 1:24:10
  • Updated: 09 Jul 2015
  • views: 858
videos
Free to Choose (1980) is a book and a ten-part television series broadcast on public television by economists Milton and Rose D. Friedman that advocates free market principles. About Henderson's book: https://www.amazon.com/gp/product/0130621129/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0130621129&linkCode=as2&tag=tra0c7-20&linkId=2e76049b41193db6a998d88dcf91924d It was primarily a response to an earlier landmark book and television series: The Age of Uncertainty, by the noted economist John Kenneth Galbraith. Milton Friedman won the Nobel Memorial Prize in Economics in 1976. Guest debaters included: Gregory Anrig (Commissioner of Massachusetts Department of Education) Jagdish Bhagwati (economist) William H. Brady (Founder and President of W.H. Brady Co.) Clarence J. Brown (politician) Joan Claybrook (Administrator of the NHTSA) Barber Conable (politician, President of the World Bank) John Coons (law professor, school choice activist) Robert Crandall (Brookings Institution economist) Richard Deason (IBEW union leader) James R. Dumpson (bureaucrat, social worker, academic) Otmar Emminger (President of Deutsche Bundesbank) Bob Galvin (CEO of Motorola, Inc.) Ernest Green (U.S. Assistant Secretary of Labor) Michael Harrington (author, academic, activist) Nicholas von Hoffman (journalist, political commentator/columnist) Helen Hughes (economist) Peter Jay (economist, journalist, diplomat) Robert Lampman (economist) Richard Landau (medical professor) Robert Lekachman (economist) William McChesney Martin (former Chairman of the Federal Reserve) Helen Bohen O'Bannon (economist, bureaucrat, social worker) Kathleen O'Reilly (CFA consumer advocate) Russell W. Peterson (chemist, politician) Frances Fox Piven (academic) Donald Rumsfeld (politician, President of G. D. Searle & Company) Albert Shanker (President of UFT and AFT teachers' unions) Thomas Shannon (Executive Director of the NSBA) Thomas Sowell (economist, author, columnist) Beryl Wayne Sprinkel (Executive Vice President of Harris Bank) Peter Temin (economist) Lynn R. Williams (International Secretary of United Steelworkers) Walter E. Williams (economist, political commentator) http://en.wikipedia.org/wiki/Free_to_Choose
https://wn.com/How_Does_A_Free_Market_Economy_Stimulate_Growth_Capitalism,_Environmentalism_(2001)
Pricing in a Free-Market Economy

Pricing in a Free-Market Economy

  • Order:
  • Duration: 4:00
  • Updated: 22 Sep 2016
  • views: 937
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
China's Moves Towards a Free Market Economy | Journal Interview

China's Moves Towards a Free Market Economy | Journal Interview

  • Order:
  • Duration: 12:08
  • Updated: 09 Mar 2014
  • views: 942
videos
In the Interview: Chinese Government Banking Supervisor, Li Jiange
https://wn.com/China's_Moves_Towards_A_Free_Market_Economy_|_Journal_Interview
India - Fastest growing free market economy

India - Fastest growing free market economy

  • Order:
  • Duration: 4:39
  • Updated: 16 Aug 2013
  • views: 434
videos
https://wn.com/India_Fastest_Growing_Free_Market_Economy
Free Market Basics

Free Market Basics

  • Order:
  • Duration: 4:22
  • Updated: 08 Aug 2008
  • views: 52418
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
Free-market economy project

Free-market economy project

  • Order:
  • Duration: 2:31
  • Updated: 07 Apr 2017
  • views: 11
videos
https://wn.com/Free_Market_Economy_Project
Free Market Economy Video

Free Market Economy Video

  • Order:
  • Duration: 1:00
  • Updated: 09 Nov 2016
  • views: 3
videos
https://wn.com/Free_Market_Economy_Video
Free Market Economy

Free Market Economy

  • Order:
  • Duration: 4:00
  • Updated: 16 Aug 2016
  • views: 9
videos
https://wn.com/Free_Market_Economy
free market economy

free market economy

  • Order:
  • Duration: 0:05
  • Updated: 19 Aug 2016
  • views: 0
videos
https://wn.com/Free_Market_Economy
Free Market Economy Project

Free Market Economy Project

  • Order:
  • Duration: 1:17
  • Updated: 25 Aug 2016
  • views: 37
videos
https://wn.com/Free_Market_Economy_Project