-
Intro & Overview - Intro to Political Economy, Lecture1
https://sites.duke.edu/intrope/
Michael Munger is Professor of Political Science and Director of the PPE Certificate Program at Duke University.
COURSE OVERVIEW:
Introduction to Political Economy is a self-contained and nontechnical overview of the intellectual history of political economy, the logic of microeconomics, and the definitions used in macroeconomics. It introduces the notion of a political economy, emphasizing the moral and ethical problems that markets solve, and fail to solve.
LECTURE OVERVIEW:
I, Pencil (Leonard Read) No one knows enough to do anything. We all depend on other people for almost everything we need.
Some of that is provided by the state (defense, police). But most is provided by markets, without our thinking about it. Example
is simple: a pencil. No one...
published: 09 Feb 2016
-
Aspects of International Relations: International Political Economy
Featuring academics from the International Relations Department at the LSE, ‘Aspects of IR: International Political Economy’ is a short film about the study of international political economy, particularly at the LSE.
The film looks at what we study, and why, and also at the major themes in IPE, such as the financial crisis, climate change and globalisation of markets. It debates how IPE fits into IR, and the rewards and value of studying IPE.
Contributors: Dr Julia Gray, Dr James Morrison, Dr Stephen Woolcock
For further information please visit: http://www.lse.ac.uk/internationalRelations
published: 13 Nov 2015
-
Political Economy
A brief introduction to the topic of political economy.
published: 13 Dec 2016
-
Introduction to Political Economy
If you want to understand the world around you, political economy is a great place to start. In this course I introduce you to some of the most important thinkers in this vital discipline. Love them or hate them, there's something we can learn from all of them. I've been teaching political economy for over 10 years, and I'm really excited to share what I've learned.
published: 27 Sep 2020
-
POLITICAL THEORY - 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.
Enjoying our Youtube videos? Get full access to all our audio content, videos, and thousands of thought-provoking articles, conversation cards and more with The School of Life Subscription: https://t.ly/PxgQR
Be more mindful, present and inspired. Get the best of The School of Life delivered straight to your inbox: https://t.ly/tgX9n
FURTHER READING
“Most people agree that we need to improve our economic system somehow. It threatens our planet through excessive consumption, distracts us with irrelevant advertising, leaves people hungry and without healthc...
published: 19 Dec 2014
-
What is POLITICAL ECONOMY? What doe POLITICAL ECONOMY mean? POLITICAL ECONOMY meaning
✪✪✪✪✪ http://www.theaudiopedia.com ✪✪✪✪✪
✪✪✪✪✪ The Audiopedia Android application, INSTALL NOW - https://play.google.com/store/apps/details?id=com.wTheAudiopedia_8069473 ✪✪✪✪✪
What is POLITICAL ECONOMY? What doe POLITICAL ECONOMY mean? POLITICAL ECONOMY meaning.
Political economy is a term used for studying production and trade, and their relations with law, custom, and government, as well as with the distribution of national income and wealth. Political economy originated in moral philosophy. It was developed in the 18th century as the study of the economies of states, or polities, hence the term political economy.
In the late 19th century, the term economics came to replace political economy, coinciding with the publication of an influential textbook by Alfred Marshall in 1890. Ea...
published: 14 Aug 2016
-
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
-
POLITICAL THEORY - Adam Smith
Adam Smith was no uncritical apologist for capitalism: he wanted to understand how capitalism could be both fruitful and good.
Enjoying our Youtube videos? Get full access to all our audio content, videos, and thousands of thought-provoking articles, conversation cards and more with The School of Life Subscription: https://t.ly/ju0O8
Be more mindful, present and inspired. Get the best of The School of Life delivered straight to your inbox: https://t.ly/We9oJ
SOCIAL MEDIA
Feel free to follow us at the links below:
Facebook: https://www.facebook.com/theschooloflifelondon/
X: https://twitter.com/TheSchoolOfLife
Instagram: https://www.instagram.com/theschooloflifelondon/
CREDITS
Brought to you by http://www.theschooloflife.com
Produced in collaboration with Mike Booth
http://ww...
published: 26 Dec 2014
15:51
Intro & Overview - Intro to Political Economy, Lecture1
https://sites.duke.edu/intrope/
Michael Munger is Professor of Political Science and Director of the PPE Certificate Program at Duke University.
COURSE OVERVIE...
https://sites.duke.edu/intrope/
Michael Munger is Professor of Political Science and Director of the PPE Certificate Program at Duke University.
COURSE OVERVIEW:
Introduction to Political Economy is a self-contained and nontechnical overview of the intellectual history of political economy, the logic of microeconomics, and the definitions used in macroeconomics. It introduces the notion of a political economy, emphasizing the moral and ethical problems that markets solve, and fail to solve.
LECTURE OVERVIEW:
I, Pencil (Leonard Read) No one knows enough to do anything. We all depend on other people for almost everything we need.
Some of that is provided by the state (defense, police). But most is provided by markets, without our thinking about it. Example
is simple: a pencil. No one, no one in the whole world, knows how to make a pencil.
2. What is Seen and What is Unseen (Frederic Bastiat). The broken window fallacy. Does destruction create jobs? What is the
real value of something? The answer is opportunity cost, so destruction does not create jobs, or growth. The problem is that
we SEE the jobs "created" by the broken window, but we don't see the opportunity cost of those resources. If this were not true,
then the President should commission gangs to go around breaking windows and burning cars, because that would create jobs.
3. The Candlemakers’ Petition (Frederic Bastiat) An amusing parable from 19th century France. If we believe that the way to create jobs is to make things more expensive, then just think of how many jobs would be created if we could block the sun! We would need heat, and light, and a lot of people would be employed providing those things. But that is nonsense, because the sun is free and all those things are expensive. The point is not to create jobs, and make things more expensive. The goal should be to take care of consumers, and always make things cheaper and better. Protecting producers is a sucker's bet, but that is very tempting for the state because producers are more politically powerful than consumers, as we will see in this course.
READINGS:
Bastiat, Frederic, Essays, What is Seen and Not Seen
-- Sections 1-2, paragraphs 1.1-1.36
-- Section 6, paragraphs 1.95-1.125
-- (http://www.econlib.org/library/Bastiat/basEss1.html )
Bastiat, F. Economic Sophisms,
-- Chapter 7, “A Candlemakers’ Petition”
-- Chapter 8, “Differential Tariffs”
-- (http://www.econlib.org/library/Bastiat/basSoph3.html )
Read, Leonard, “I, Pencil” (LINK: http://www.econlib.org/library/Essays/rdPncl1.html )
Video: Pickles (http://www.cbsnews.com/video/watch/?id=50143475n )
Stocks, the Stock Market, & the Basics of Trading
( http://www.investopedia.com/university/stocks/)
Subscribe to our YouTube Channel for more!
Follow us at https://twitter.com/dukepolisci
Like us at https://facebook.com/dukepolisci
Follow us at https://instagram.com/dukepolisci
Produced by Shaun King, Duke University Department of Political Science Multimedia Specialist
https://wn.com/Intro_Overview_Intro_To_Political_Economy,_Lecture1
https://sites.duke.edu/intrope/
Michael Munger is Professor of Political Science and Director of the PPE Certificate Program at Duke University.
COURSE OVERVIEW:
Introduction to Political Economy is a self-contained and nontechnical overview of the intellectual history of political economy, the logic of microeconomics, and the definitions used in macroeconomics. It introduces the notion of a political economy, emphasizing the moral and ethical problems that markets solve, and fail to solve.
LECTURE OVERVIEW:
I, Pencil (Leonard Read) No one knows enough to do anything. We all depend on other people for almost everything we need.
Some of that is provided by the state (defense, police). But most is provided by markets, without our thinking about it. Example
is simple: a pencil. No one, no one in the whole world, knows how to make a pencil.
2. What is Seen and What is Unseen (Frederic Bastiat). The broken window fallacy. Does destruction create jobs? What is the
real value of something? The answer is opportunity cost, so destruction does not create jobs, or growth. The problem is that
we SEE the jobs "created" by the broken window, but we don't see the opportunity cost of those resources. If this were not true,
then the President should commission gangs to go around breaking windows and burning cars, because that would create jobs.
3. The Candlemakers’ Petition (Frederic Bastiat) An amusing parable from 19th century France. If we believe that the way to create jobs is to make things more expensive, then just think of how many jobs would be created if we could block the sun! We would need heat, and light, and a lot of people would be employed providing those things. But that is nonsense, because the sun is free and all those things are expensive. The point is not to create jobs, and make things more expensive. The goal should be to take care of consumers, and always make things cheaper and better. Protecting producers is a sucker's bet, but that is very tempting for the state because producers are more politically powerful than consumers, as we will see in this course.
READINGS:
Bastiat, Frederic, Essays, What is Seen and Not Seen
-- Sections 1-2, paragraphs 1.1-1.36
-- Section 6, paragraphs 1.95-1.125
-- (http://www.econlib.org/library/Bastiat/basEss1.html )
Bastiat, F. Economic Sophisms,
-- Chapter 7, “A Candlemakers’ Petition”
-- Chapter 8, “Differential Tariffs”
-- (http://www.econlib.org/library/Bastiat/basSoph3.html )
Read, Leonard, “I, Pencil” (LINK: http://www.econlib.org/library/Essays/rdPncl1.html )
Video: Pickles (http://www.cbsnews.com/video/watch/?id=50143475n )
Stocks, the Stock Market, & the Basics of Trading
( http://www.investopedia.com/university/stocks/)
Subscribe to our YouTube Channel for more!
Follow us at https://twitter.com/dukepolisci
Like us at https://facebook.com/dukepolisci
Follow us at https://instagram.com/dukepolisci
Produced by Shaun King, Duke University Department of Political Science Multimedia Specialist
- published: 09 Feb 2016
- views: 198419
7:28
Aspects of International Relations: International Political Economy
Featuring academics from the International Relations Department at the LSE, ‘Aspects of IR: International Political Economy’ is a short film about the study of ...
Featuring academics from the International Relations Department at the LSE, ‘Aspects of IR: International Political Economy’ is a short film about the study of international political economy, particularly at the LSE.
The film looks at what we study, and why, and also at the major themes in IPE, such as the financial crisis, climate change and globalisation of markets. It debates how IPE fits into IR, and the rewards and value of studying IPE.
Contributors: Dr Julia Gray, Dr James Morrison, Dr Stephen Woolcock
For further information please visit: http://www.lse.ac.uk/internationalRelations
https://wn.com/Aspects_Of_International_Relations_International_Political_Economy
Featuring academics from the International Relations Department at the LSE, ‘Aspects of IR: International Political Economy’ is a short film about the study of international political economy, particularly at the LSE.
The film looks at what we study, and why, and also at the major themes in IPE, such as the financial crisis, climate change and globalisation of markets. It debates how IPE fits into IR, and the rewards and value of studying IPE.
Contributors: Dr Julia Gray, Dr James Morrison, Dr Stephen Woolcock
For further information please visit: http://www.lse.ac.uk/internationalRelations
- published: 13 Nov 2015
- views: 284527
4:33
Political Economy
A brief introduction to the topic of political economy.
A brief introduction to the topic of political economy.
https://wn.com/Political_Economy
A brief introduction to the topic of political economy.
- published: 13 Dec 2016
- views: 41421
37:36
Introduction to Political Economy
If you want to understand the world around you, political economy is a great place to start. In this course I introduce you to some of the most important thinke...
If you want to understand the world around you, political economy is a great place to start. In this course I introduce you to some of the most important thinkers in this vital discipline. Love them or hate them, there's something we can learn from all of them. I've been teaching political economy for over 10 years, and I'm really excited to share what I've learned.
https://wn.com/Introduction_To_Political_Economy
If you want to understand the world around you, political economy is a great place to start. In this course I introduce you to some of the most important thinkers in this vital discipline. Love them or hate them, there's something we can learn from all of them. I've been teaching political economy for over 10 years, and I'm really excited to share what I've learned.
- published: 27 Sep 2020
- views: 8969
9:27
POLITICAL THEORY - 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 p...
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.
Enjoying our Youtube videos? Get full access to all our audio content, videos, and thousands of thought-provoking articles, conversation cards and more with The School of Life Subscription: https://t.ly/PxgQR
Be more mindful, present and inspired. Get the best of The School of Life delivered straight to your inbox: https://t.ly/tgX9n
FURTHER READING
“Most people agree that we need to improve our economic system somehow. It threatens our planet through excessive consumption, distracts us with irrelevant advertising, leaves people hungry and without healthcare, and fuels unnecessary wars. Yet we’re also often keen to dismiss the ideas of its most famous and ambitious critic, Karl Marx. This isn’t very surprising. In practice, his political and economic ideas have been used to design disastrously planned economies and nasty dictatorships. Frankly, the remedies Marx proposed for the ills of the world now sound a bit demented. He thought we should abolish private property. People should not be allowed to own things. At certain moments one can sympathise. But it’s like wanting to ban gossip or forbid watching television. It’s going to war with human behaviour. And Marx believed the world would be put to rights by a dictatorship of the proletariat; which does not mean anything much today. Openly Marxist parties received a total of only 1,685 votes in the 2010 UK general election, out of the nearly 40 million ballots cast…”
MORE SCHOOL OF LIFE
Watch more films on POLITICAL THEORY in our playlist:
http://bit.ly/2dma0Sn
SOCIAL MEDIA
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Facebook: https://www.facebook.com/theschooloflifelondon/
X: https://twitter.com/TheSchoolOfLife
Instagram: https://www.instagram.com/theschooloflifelondon/
CREDITS
Produced in collaboration with:
Mike Booth
http://www.YouTube.com/somegreybloke #TheSchoolOfLife
https://wn.com/Political_Theory_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.
Enjoying our Youtube videos? Get full access to all our audio content, videos, and thousands of thought-provoking articles, conversation cards and more with The School of Life Subscription: https://t.ly/PxgQR
Be more mindful, present and inspired. Get the best of The School of Life delivered straight to your inbox: https://t.ly/tgX9n
FURTHER READING
“Most people agree that we need to improve our economic system somehow. It threatens our planet through excessive consumption, distracts us with irrelevant advertising, leaves people hungry and without healthcare, and fuels unnecessary wars. Yet we’re also often keen to dismiss the ideas of its most famous and ambitious critic, Karl Marx. This isn’t very surprising. In practice, his political and economic ideas have been used to design disastrously planned economies and nasty dictatorships. Frankly, the remedies Marx proposed for the ills of the world now sound a bit demented. He thought we should abolish private property. People should not be allowed to own things. At certain moments one can sympathise. But it’s like wanting to ban gossip or forbid watching television. It’s going to war with human behaviour. And Marx believed the world would be put to rights by a dictatorship of the proletariat; which does not mean anything much today. Openly Marxist parties received a total of only 1,685 votes in the 2010 UK general election, out of the nearly 40 million ballots cast…”
MORE SCHOOL OF LIFE
Watch more films on POLITICAL THEORY in our playlist:
http://bit.ly/2dma0Sn
SOCIAL MEDIA
Feel free to follow us at the links below:
Facebook: https://www.facebook.com/theschooloflifelondon/
X: https://twitter.com/TheSchoolOfLife
Instagram: https://www.instagram.com/theschooloflifelondon/
CREDITS
Produced in collaboration with:
Mike Booth
http://www.YouTube.com/somegreybloke #TheSchoolOfLife
- published: 19 Dec 2014
- views: 9501578
1:59
What is POLITICAL ECONOMY? What doe POLITICAL ECONOMY mean? POLITICAL ECONOMY meaning
✪✪✪✪✪ http://www.theaudiopedia.com ✪✪✪✪✪
✪✪✪✪✪ The Audiopedia Android application, INSTALL NOW - https://play.google.com/store/apps/details?id=com.wTheAudiop...
✪✪✪✪✪ http://www.theaudiopedia.com ✪✪✪✪✪
✪✪✪✪✪ The Audiopedia Android application, INSTALL NOW - https://play.google.com/store/apps/details?id=com.wTheAudiopedia_8069473 ✪✪✪✪✪
What is POLITICAL ECONOMY? What doe POLITICAL ECONOMY mean? POLITICAL ECONOMY meaning.
Political economy is a term used for studying production and trade, and their relations with law, custom, and government, as well as with the distribution of national income and wealth. Political economy originated in moral philosophy. It was developed in the 18th century as the study of the economies of states, or polities, hence the term political economy.
In the late 19th century, the term economics came to replace political economy, coinciding with the publication of an influential textbook by Alfred Marshall in 1890. Earlier, William Stanley Jevons, a proponent of mathematical methods applied to the subject, advocated economics for brevity and with the hope of the term becoming "the recognised name of a science."
Today, political economy, where it is not used as a synonym for economics, may refer to very different things, including Marxian analysis, applied public-choice approaches emanating from the Chicago school and the Virginia school, or simply the advice given by economists to the government or public on general economic policy or on specific proposals. A rapidly growing mainstream literature from the 1970s has expanded beyond the model of economic policy in which planners maximize utility of a representative individual toward examining how political forces affect the choice of economic policies, especially as to distributional conflicts and political institutions. It is available as an area of study in certain colleges and universities.
https://wn.com/What_Is_Political_Economy_What_Doe_Political_Economy_Mean_Political_Economy_Meaning
✪✪✪✪✪ http://www.theaudiopedia.com ✪✪✪✪✪
✪✪✪✪✪ The Audiopedia Android application, INSTALL NOW - https://play.google.com/store/apps/details?id=com.wTheAudiopedia_8069473 ✪✪✪✪✪
What is POLITICAL ECONOMY? What doe POLITICAL ECONOMY mean? POLITICAL ECONOMY meaning.
Political economy is a term used for studying production and trade, and their relations with law, custom, and government, as well as with the distribution of national income and wealth. Political economy originated in moral philosophy. It was developed in the 18th century as the study of the economies of states, or polities, hence the term political economy.
In the late 19th century, the term economics came to replace political economy, coinciding with the publication of an influential textbook by Alfred Marshall in 1890. Earlier, William Stanley Jevons, a proponent of mathematical methods applied to the subject, advocated economics for brevity and with the hope of the term becoming "the recognised name of a science."
Today, political economy, where it is not used as a synonym for economics, may refer to very different things, including Marxian analysis, applied public-choice approaches emanating from the Chicago school and the Virginia school, or simply the advice given by economists to the government or public on general economic policy or on specific proposals. A rapidly growing mainstream literature from the 1970s has expanded beyond the model of economic policy in which planners maximize utility of a representative individual toward examining how political forces affect the choice of economic policies, especially as to distributional conflicts and political institutions. It is available as an area of study in certain colleges and universities.
- published: 14 Aug 2016
- views: 47921
9:39
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 econo...
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
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
- published: 30 Jan 2016
- views: 673664
6:44
POLITICAL THEORY - Adam Smith
Adam Smith was no uncritical apologist for capitalism: he wanted to understand how capitalism could be both fruitful and good.
Enjoying our Youtube videos? Get...
Adam Smith was no uncritical apologist for capitalism: he wanted to understand how capitalism could be both fruitful and good.
Enjoying our Youtube videos? Get full access to all our audio content, videos, and thousands of thought-provoking articles, conversation cards and more with The School of Life Subscription: https://t.ly/ju0O8
Be more mindful, present and inspired. Get the best of The School of Life delivered straight to your inbox: https://t.ly/We9oJ
SOCIAL MEDIA
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Facebook: https://www.facebook.com/theschooloflifelondon/
X: https://twitter.com/TheSchoolOfLife
Instagram: https://www.instagram.com/theschooloflifelondon/
CREDITS
Brought to you by http://www.theschooloflife.com
Produced in collaboration with Mike Booth
http://www.YouTube.com/SomeGreyBloke #TheSchoolOfLife
https://wn.com/Political_Theory_Adam_Smith
Adam Smith was no uncritical apologist for capitalism: he wanted to understand how capitalism could be both fruitful and good.
Enjoying our Youtube videos? Get full access to all our audio content, videos, and thousands of thought-provoking articles, conversation cards and more with The School of Life Subscription: https://t.ly/ju0O8
Be more mindful, present and inspired. Get the best of The School of Life delivered straight to your inbox: https://t.ly/We9oJ
SOCIAL MEDIA
Feel free to follow us at the links below:
Facebook: https://www.facebook.com/theschooloflifelondon/
X: https://twitter.com/TheSchoolOfLife
Instagram: https://www.instagram.com/theschooloflifelondon/
CREDITS
Brought to you by http://www.theschooloflife.com
Produced in collaboration with Mike Booth
http://www.YouTube.com/SomeGreyBloke #TheSchoolOfLife
- published: 26 Dec 2014
- views: 1968179