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Price Controls Subsidies And The Risks Of Good Intentions Crash Course Economics

So, during times of inflation or deflation, why doesn't the government just set prices? It sounds reasonable, but price ceilings or floors just don't work. Adriene ...

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This week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a ...

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In this video I explain what happens when the government controls market prices. Price ceilings are a legal maximum price and price floors are a minimum legal ...

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Today, we're going to wrap up our discussion of economic policy by looking at government regulation. We're going to talk about the government's goals for the ...

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This video lesson illustrates and explains the effects that a per unit subsidy will have on the market for a commodity, in this case, corn. The payment to producers ...

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Adriene and Jacob teach you all about markets. So, in free market(ish) economies like the United States and most of the world, markets are a big deal. Markets ...

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AS/IB 28) Subsidy - Detailed Market Analysis - An in depth look at how a subsidy affects a market with a breakdown of key stakeholder impacts. Very useful for ...

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Why is health care so expensive? Once again, there are a lot of factors in play. Jacob and Adriene look at the many reasons that health care in the US is so ...

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If price controls have negative consequences, why do governments enact them? Let's revisit our example of President Nixon's wage and price controls in the ...

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AS/IB 20) Subsidies and Market Failure - A look at subsidies to solve merit good and positive externality market failure.

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Price floors, when prices are kept artificially high, lead to several consequences that hurt the consumer. In this video, we take a look at the minimum wage as an ...

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What happens when the prices of all goods are controlled? Under communism, or a command economy, this is exactly what occurs. As a result, all of the effects ...

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So, if economics is about choices and how we use our resources, econ probably has a lot to say about the environment, right? Right! In simple terms, pollution is ...

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In 1971, President Nixon, in an effort to control inflation, declared price increases illegal. Because prices couldn't increase, they began hitting a ceiling. With a ...

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Why do people buy the stuff they buy? In classical economics, most models assume that consumers behave rationally. As you've probably noticed in your real ...

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So last week we talked about what special interest groups are and how they influence the political system, and today we're going to focus on why we even have ...

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This video lesson will explore two types of government intervention in the markets for particular goods and services: price ceilings and price floors. We will ...

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Wage Subsidies

calendar2015-02-03
What's the difference between a wage subsidy and a minimum wage? What is the cost of a wage subsidy to taxpayers? We take a look at the earned income tax ...

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How do companies make money? What are profits? Revenues? How are prices set? This week, Jacob and Adriene are talking business. Whether you're selling ...

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Today on Crash Course Economics, Adriene and Jacob talk about the 2008 financial crisis and the US Goverment's response to the troubles. So, all this starts ...

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