Resources is where you can find all the additional videos and articles associated with this edition of "Common Sense Economics". We are continually adding new content to the library as our project grows. Please find it in the section New Content.
New Content
Resources
Part 1: Twelve Key Elements of Economics
Element 1.1: Incentives Matter
Element 1.2: There Is No Such Thing as a Free Lunch
Element 1.3: Decisions Are Made at the Margins
Element 1.4: Benefits of Trade
Element 1.5: Transaction Costs Matter
Element 1.6: Prices Create Balance
Element 1.7: Profits Are a Guide to Productivity
Element 1.8: Incomes Come From Usefulness
Element 1.9: Value Creates Income and Wealth
Element 1.10: There Are Multiple Sources of Progress
Element 1.11: The Usefulness of the “Invisible Hand”
Element 1.12: Unintended Consequences Create Problems
Part 2: Seven Major Sources of Economic Progress
Element 2.1: The Legal System
Element 2.2: Competitive Markets
Element 2.3: Sensible and Limited Regulation
Element 2.4: Efficient Capital Markets
Element 2.5: Monetary Stability
Element 2.6: Prudent Fiscal Policy
Element 2.7: Free Trade
Part 2: Final Thoughts
Element 3.1: Protect Rights and Produce Limited Goods and Services
Element 3.3: Mitigate Market Failures
Element 3.4: Understand Political Pressures
Element 3.5: Adopt Rules to Limit the Influence of Special Interests
Element 3.6: Avoid Excessive Spending and Deficits
Element 3.7: Avoid Subsidies Not Based on Economic Logic
Element 3.8: Watch out for Inefficiencies Even From Useful Subsidies
Element 3.9: Central Planning Has Never Worked
Element 3.10: Competition and External Anchors Are Key
Element 4.2: Increase Your Value to Others
Element 4.3: Budget Your Spending and Saving
Element 4.5: Two Ways to Get More out of Your Money
Element 4.7: The Power of Compound Interest
Element 4.8: Diversify Your Assets
Element 4.9: Realize No One Can Consistently “Beat the Market”
Element 4.10: Match the Length of Your Investments to the Timing of Your Needs
Element 4.11: Reduce Your Risks
Element 4.12: Use Insurance to Protect Yourself
Attributions
Bitcoin and Cryptocurrencies Explained in One Minute
This video is courtesy of One Minute Economics
Women in Economics - Elinor Ostrom
This video is courtesy of Marginal Revolution University
Delegation Explained in One Minute
This video is courtesy of One Minute Economics
Lessons From Georgia
This video is courtesy of John Stossel
Secret to Happiness
This video is courtesy of American Enterprise Institute
The Importance of Incentives
This video is courtesy of Marginal Revolution University
The Road Not Taken
"Road Not Taken" by Robert Frost
Opportunity Cost
This video is courtesy of Paul Solman
Thinking at the Margin
This video is courtesy of Learn Liberty
Specialization and Trade
This video is courtesy of Learn Liberty
Economics of Voluntary Exchange
This video is courtesy of John Stossel
The Economics of the Shawshank Redemption
This video is courtesy of Emergent Order
Blockchain and Trust
This video is courtesy of World Economic Forum
A Quick Summary of Supply and Demand
This video is courtesy of the Economics Detective
Pencil and Price System
This video is courtesy of Free To Choose Network. The original video can be found here
Is “Price Gouging” Bad?
This video is courtesy of John Stossel
The Economics of the Hudsucker Proxy
This video is courtesy of Emergent Order
Economic Profit and Costs
This video is courtesy of Paul Solman
The Price System
This video is courtesy of Learn Liberty
I, Pencil, My Family Tree
This material is courtesy of The Foundation for Economic Education, under a Creative Commons Attribution 4.0 International License
Exchange Wealth Creation
This video is courtesy of John Stossel
The Broken Window Fallacy
This video is courtesy of Learn Liberty
Fields of Gold
This video is courtesy of FarmSubsidy.org
How to Create a Job
This video is courtesy of Dr. Benjamin Powell
The Economics of Cast Away
This video is courtesy of Emergent Order
The Puzzle of Economic Growth
This video is courtesy of Marginal Revolution University
Invisible Hand Steak
This video is courtesy of John Stossel
Economics On One Foot
This video is courtesy of Learn Liberty
What Is Seen and What Is Not Seen
What Is Seen and What Is Not Seen by Frédéric Bastiat
200 Countries, 200 Years
This video is courtesy of "Hans Rosling's 200 Countries, 200 years, 4 minutes" from the BBC documentary "The Joy of Stats" produced and directed by Dan Hillman, copyright Wingspan Productions Ltd. 2010
Gross Domestic Product—What is it and how is it measured?
Courtesy of Common Sense Economics
Eusebio’s Dream Property Rights
This video is courtesy of Free To Choose Network. The original video can be found here
Economics of Private Property Rights
This video is courtesy of John Stossel
The Power of Property Rights
This video is courtesy of Learn Liberty
The Tragedy of the Commons
This video is courtesy of One Minute Economics
Walmart Competition and Cost Control
This video is courtesy of John Stossel
Would You Give Up The Internet?
This video is courtesy of The Fund for American Studies (TFAS). The video can also be found here
Risks of Good Intentions
This video is courtesy of John Stossel
Minimum Wage Washout
This video is courtesy of Reason magazine and Reason.com. The original video can be found here
Minimum Wage—Good or Bad Idea?
This video is courtesy of Learn Liberty
The Global Village
This video is courtesy of edeos- digital education
Milton Friedman on Inflation
This video is courtesy of Free To Choose Network. The original video can be found here
Who Wants to be a Trillionaire?
This video is courtesy of Marginal Revolution University
The Effects of Printing Money
This video is courtesy of WonderWhy
Portugal Hopes to become a Pensioner's Paradise with Zero Tax Offer
This video is courtesy of Euronews
The Economics of Tax Reform: Lessons from the Donut Shop
This video is courtesy of Tax Foundation
Does Free Trade Exploit the Poor?
This video is courtesy of John Stossel
Freedom’s Sound International Trade
This video is courtesy of Free To Choose Network. The original video can be found here
Unfair Competition with the Sun
Unfair Competition with the Sun by Frédéric Bastiat
Development Economics
This video is courtesy of Patrick M. Walsh, Ph.D
Economic Freedom Index
This video is courtesy of Free To Choose Network. The original video can be found here
Economic Freedom Impacts
This video is courtesy of The Daily Signal
Economic Freedom and Growth
This video is courtesy of Learn Liberty
Economic Freedom, Slovakia
This video is courtesy of Free To Choose Network. The original video can be found here
Limited Government
This video is courtesy of Learn Liberty
Recalculating Government Property
This video is courtesy of izzit.org. The original video can be found here
Political Versus Market Choices
This video is courtesy of John Stossel
Not Yours to Give
"Not Yours To Give from the Life of Colonel David Crockett" by Edward S. Ellis; courtesy of The Foundation for Economic Education, under a Creative Commons Attribution 4.0 International License
The Economics of Robocop
This video is courtesy of Emergent Order
Externalities Potato Chip
This video is courtesy of Learn Liberty
Public Choice
This video is courtesy of Learn Liberty and Dr. Benjamin Powell
The Power to Coerce
This video is courtesy of John Stossel
Trade Restrictions and Crony Capitalism
This video is courtesy of John Stossel
Is Government Too Big?
This video is courtesy of John Stossel
Stimulus and Crony Capitalism
This video is courtesy of John Stossel
The Power of Special Interests
This video is courtesy of Learn Liberty
Does Government Spending Create Jobs?
This video is courtesy of John Stossel
Debts and Deficits
This video is courtesy of Paul Solman
Subsidize Silly Walks
This video is courtesy of Learn Liberty
Politics, Economics, and Farm Subsidies
This video is courtesy of John Stossel
Rent Seeking
This video is courtesy of Learn Liberty
Equality vs. Entrepreneurship
This video is courtesy of Free To Choose Network. The original video can be found here
Rinkonomics (Spontaneous Order)
This video is courtesy of John Stossel
The Economics of the Lego Movie
This video is courtesy of Emergent Order
Competition and Efficiency of Government
This video is courtesy of John Stossel
A Case for Constitutional Reform in Ukraine
This article is courtesy of VoxUkraine
The Economics of Ghostbusters
This video is courtesy of Emergent Order
Poverty and Entrepreneurship
This video is courtesy of John Stossel
Haiti’s Solar Entrepreneurs
This video is courtesy of AIDG
CreAction
This video is courtesy of Len Schlesinger, Charles Kiefer, and Paul B. Brown: "Action Trumps Everything: Creating What You Want in an Uncertain World"
Giving While Living
This video is courtesy of The Atlantic Philanthropies
Lending to the Poor
This video is courtesy of Good Return
How to Save Money on Everyday Expenses
This video is courtesy of Consolidated Credit
Strategies for Paying Down Debts
This video is courtesy of Currency Marketing
The Sharing Economy
This video is courtesy of Frost & Sullivan
Growing Money
This video is courtesy of Reserve Bank of New Zealand
How the Stock Market Works
This video is courtesy of ThoughtMonkey
The Pyramid Scheme that Collapsed a Nation
This video is courtesy of Rare Earth
A Random Walk Down Wall Street: Are Stock Markets Efficient?
This video is courtesy of Marginal Revolution University
What is a Mutual Fund?
This video is courtesy of Franklin Templeton
Availability Bias
This video is courtesy of Franklin Templeton
Loss Aversion
This video is courtesy of Franklin Templeton
Home Country Bias
This video is courtesy of Franklin Templeton
Herding
This video is courtesy of Franklin Templeton
How to Recognize Investment Fraud
This video was produced by the British Columbia Securities Commission
(BCSC). The BCSC is an independent provincial government agency in
Canada that provides unbiased investing information through its investor
education website, InvestRight.org
Crop Insurance, an Idea Worth Seeding
This video is courtesy of TedTalks