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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 and Jacob explain why. Subsidies,...

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What is a monopoly? It turns out, it's more than just a board game. It's a terrible, terrible economic practice in which giant corporations dominate markets and hurt consumers. Except when...

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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 work to produce the stuff that...

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Would you like to play a game, Dr. Falken? Actually, this episode isn't really about games, or Matthew Broderick, or Thermonuclear War. But enough with the long references to 1983's best movie,...

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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 with home mortgages, and the use...

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As we approach the end of Crash Course Astronomy, it's time now to acknowledge that our Universe's days are numbered. Stars will die out after a few trillion years, protons will decay and...

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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you...

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A one-minute video which explains what a subsidy is and refers to situations in which subsidies benefit society as a whole as well as to situations in which using them isn't exactly fair. ...

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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 U.S. economy and the policies...

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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 expensive, and what exactly we get...

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Continuing his discussion of prices, Baetjer explains what can go wrong when outside interference prevents genuine market prices from emerging. Download the .mp3 of this lecture: http://bit.ly/2rj...

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How a minimum wage might effect the labor market Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/deadweight-loss-tutorial/v/tax...

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President Richard Nixon imposed a wage-price freeze on August 15, 1971.

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So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but money has a few basic functions. It...

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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 governmen...

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Price Controls

calendar2012-05-04
Micro 4 Price Controls.

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Rent control is damaging to the economy in terms of construction jobs as well as the supply side of multifamily units. Most people think rent control is a political philosophical debate but...

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They say money can't buy happiness, but who are they? Can money buy happiness? The answer is: sort of. While money may not be able to buy true happiness, lack of money can cause very real misery....

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Today we wrap up our discussion of the media by talking about how the government interacts with and influences the content we see. Now it may be easy to assume that because we live in a free-market...

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Part 4 of a 5-part series covering the basics of economics. This updated edition has HD video, better graphics, and more information.

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