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Milton Friedman Speaks - Is Capitalism Humane?
Is capitalism humane or inhumane? It is neither. But it tends to give free rein to the human values of human beings. Milton Friedman's documentary series Free To Choose first aired on PBS in 1980.
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Was Karl Marx right?
Karl Marx remains surprisingly relevant 200 years after his birth. He rightly predicted some of the pitfalls of capitalism, but his solution was far worse than the disease (3 minutes / The Economist 2021).
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Karl Marx
Karl Marx remains deeply important today not as the man who told us what to replace capitalism with, but as someone who brilliantly pointed out certain of its problems. The School of Life, a pro-Capitalist institution, takes a look (9 minutes / 2021).
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What causes economic bubbles?
This Ted-Ed lesson explains the peak of a business cycle using the tulip market in the 1600s as an example (2015).
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M. Friedman: The free market
Der liberale Wirtschaftswissenschaftler Milton Friedman erklärt das ʺWunderʺ des freien Marktes. (02:41)
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Market Failures and Government Regulation: Is the Cure Worse than the Disease?
Economic efficiency is something much more than producing goods at the lowest possible cost. In involves providing individuals with the goods and services they desire, in the quantities, qualities, places, and times they desire them, with the least use of society’s scarce resources. In America, antitrust laws forbid the use of certain practices that are detrimental to ...
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How the Stock Exchange works
This YouTube video explains the stock exchange in four minutes (2013).
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