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How Canada and Turkey Are Putting Themselves Into Their Own Great Depression and Economic Collapse
(00:00) On July 17, 2024, the International Monetary Fund released a report stating that Canada would be the fastest-growing economy in the G7 in 2025. Soon after, every business magazine and even the current ruling party of Canada echoed this notio...(00:00) On July 17, 2024, the International Monetary Fund released a report stating that Canada would be the fastest-growing economy in the G7 in 2025. Soon after, every business magazine and even the current ruling party of Canada echoed this notio... -
Does Economic Growth Justify the System
(00:01) I I realized that a lot of our economic system you know has a lot of flaws that a lot of problem problems with it you know like rage where that's not particularly pleasant that you know the rich have the big gap between like rich and poor b...(00:01) I I realized that a lot of our economic system you know has a lot of flaws that a lot of problem problems with it you know like rage where that's not particularly pleasant that you know the rich have the big gap between like rich and poor b... -
Origins of debt Michael Hudson reveals how financial oligarchies in Greece Rome shaped our world
Economist Michael Hudson discusses his book "The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point", and how this history from 2000 years ago is still so relevant to understand our debt-based societies today. (00:...Economist Michael Hudson discusses his book "The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point", and how this history from 2000 years ago is still so relevant to understand our debt-based societies today. (00:... -
How Socialism Actually Works with Lex Fridman
(00:34) Steve keen what is socialism that's another loaded term it is socialism particularly in America is a very low ter and what Americans call socialist is um a large amount of provision of services by the state which (01:07) is Common Place in ...(00:34) Steve keen what is socialism that's another loaded term it is socialism particularly in America is a very low ter and what Americans call socialist is um a large amount of provision of services by the state which (01:07) is Common Place in ... -
The Most Important Economics Video Youll Ever See
(00:01) foreign the awkward little secret of the American system was that modern recessions did not flow from mysterious natural forces in the business cycle recessions were induced by the federal government by the end of this video you will undoub...(00:01) foreign the awkward little secret of the American system was that modern recessions did not flow from mysterious natural forces in the business cycle recessions were induced by the federal government by the end of this video you will undoub... -
Exploring Inequality: Capital in the Twenty-First Century
Professor Piketty's work and the topic of inequality are of great interest and importance. - The event reflects the institution's commitment to evidence-based debate and understanding public concerns. - The Graduate Center is at the center of advan...Professor Piketty's work and the topic of inequality are of great interest and importance. - The event reflects the institution's commitment to evidence-based debate and understanding public concerns. - The Graduate Center is at the center of advan... -
Adam Smiths Wealth of Nations
Adam Smith's Wealth of Nations" provides a comprehensive overview of Adam Smith's seminal work, "The Wealth of Nations," situating it as a pivotal contribution to social science during the Enlightenment. The lecture highlights Smith's exploration o...Adam Smith's Wealth of Nations" provides a comprehensive overview of Adam Smith's seminal work, "The Wealth of Nations," situating it as a pivotal contribution to social science during the Enlightenment. The lecture highlights Smith's exploration o... -
Modern Monetary Theory Explained
Steve Keen discusses Modern Monetary Theory (MMT), emphasizing its foundation in accounting principles, particularly double-entry bookkeeping. Keen explains that money is not a tangible commodity like gold but rather a system of accounting entries ...Steve Keen discusses Modern Monetary Theory (MMT), emphasizing its foundation in accounting principles, particularly double-entry bookkeeping. Keen explains that money is not a tangible commodity like gold but rather a system of accounting entries ... -
Richard Wolff On The Injustice Of The American Tax System
Richard Wolff, the speaker in the video, discusses the American tax system, emphasizing its unfairness and the need for reform. He criticizes the current property tax system for unfairly targeting the middle class while exempting stocks and bonds...Richard Wolff, the speaker in the video, discusses the American tax system, emphasizing its unfairness and the need for reform. He criticizes the current property tax system for unfairly targeting the middle class while exempting stocks and bonds... -
Stephanie Kelton: The big myth of government deficits
The pandemic highlighted deficits in the economy and governments took extraordinary actions without raising taxes. The right question is whether things are worth doing. Modern Monetary Theory explains how fiat currency works. [00:13] Covid highli...The pandemic highlighted deficits in the economy and governments took extraordinary actions without raising taxes. The right question is whether things are worth doing. Modern Monetary Theory explains how fiat currency works. [00:13] Covid highli... -
The Spider's Web: Britain's Second Empire - The Secret World of Finance
The Spider’s Web: Britain's Second Empire, is shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that capt...The Spider’s Web: Britain's Second Empire, is shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that capt... -
Why Paul Krugman is wrong: Austrian Economics vs Keynesian Economics
Discussion on Austrian and Kenzian economics, their defining characteristics, and the importance of marginal analysis in economic decision making. [00:02] Austrian economics is the study of economics historically and uses marginal analysis. - Austri...Discussion on Austrian and Kenzian economics, their defining characteristics, and the importance of marginal analysis in economic decision making. [00:02] Austrian economics is the study of economics historically and uses marginal analysis. - Austri... -
BRICS - The Powerful Global Alliance
(00:00) My next update has to do with something called the BRICS, and I want to make sure you all are  familiar with the BRICS because you're going to become more familiar in the years ahead. And it  would be good to know it sooner rather ...(00:00) My next update has to do with something called the BRICS, and I want to make sure you all are  familiar with the BRICS because you're going to become more familiar in the years ahead. And it  would be good to know it sooner rather ... -
Political Divides Deepen - inflation education rents gun industry
(00:24) Welcome, friends, to another edition of *Economic Update,* a weekly program focused on the economic dimensions of our lives. I’m your host, Richard Wolff. Today, I’ll discuss the ongoing impact of gun violence, the global consequences of...(00:24) Welcome, friends, to another edition of *Economic Update,* a weekly program focused on the economic dimensions of our lives. I’m your host, Richard Wolff. Today, I’ll discuss the ongoing impact of gun violence, the global consequences of... -
Ethical Markets w Hazel Henderson
Hazel Henderson, a futurist, economist, and sustainability advocate, critiques conventional economic systems and offers alternative approaches to promote equity and sustainability. As the founder of Ethical Markets Media and co-creator of several ...Hazel Henderson, a futurist, economist, and sustainability advocate, critiques conventional economic systems and offers alternative approaches to promote equity and sustainability. As the founder of Ethical Markets Media and co-creator of several ... -
Dependence on China shrinks the US economy in Q1
The US economy shrank in the first quarter due to a significant increase in the trade deficit, largely driven by the country's dependence on China. The trade deficit in goods reached a record high of $125 billion in March, contributing to a negati...The US economy shrank in the first quarter due to a significant increase in the trade deficit, largely driven by the country's dependence on China. The trade deficit in goods reached a record high of $125 billion in March, contributing to a negati... -
How Petrodollars Affect the U.S. Dollar
The petrodollar system, established through agreements with Saudi Arabia in the 1970s, elevated the U.S. dollar to the world's reserve currency. This allowed the U.S. to enjoy persistent trade deficits and become a global economic hegemony. Petrod...The petrodollar system, established through agreements with Saudi Arabia in the 1970s, elevated the U.S. dollar to the world's reserve currency. This allowed the U.S. to enjoy persistent trade deficits and become a global economic hegemony. Petrod... -
How Do We Fix The Economy? Modern Monetary Theory, Explained
Jon Stewart discusses Modern Monetary Theory (MMT) with guests Stephanie Kelton and Rohan Grey, who are authorities on the subject. They explore MMT as a new approach to economics, focusing on the role of government budgeting and Federal Reserve po...Jon Stewart discusses Modern Monetary Theory (MMT) with guests Stephanie Kelton and Rohan Grey, who are authorities on the subject. They explore MMT as a new approach to economics, focusing on the role of government budgeting and Federal Reserve po... -
Psst: You want to know the truth about inflation?
The actions taken by the Fed, as described, might be seen as benefiting Wall Street more than Main Street. Raising interest rates and slowing the economy can hurt workers by limiting job growth and wage increases, impacting the broader economy tha...The actions taken by the Fed, as described, might be seen as benefiting Wall Street more than Main Street. Raising interest rates and slowing the economy can hurt workers by limiting job growth and wage increases, impacting the broader economy tha... -
Beware the Inflationary Bogeyman
The commentary by Harvard economist Jason Furman in the Wall Street Journal revisits the theme of inflation control reminiscent of Gerald Ford's era, specifically the "Whip Inflation Now" initiative. Furman, drawing from historical parallels, sugg...The commentary by Harvard economist Jason Furman in the Wall Street Journal revisits the theme of inflation control reminiscent of Gerald Ford's era, specifically the "Whip Inflation Now" initiative. Furman, drawing from historical parallels, sugg... -
Cornel West on Economic Justice
This talk reveals a dynamic and engaging discussion focused on themes of economic justice, social activism, and the role of intellectuals in society. West, known for his critical perspectives on race, democracy, and justice in America, delves into...This talk reveals a dynamic and engaging discussion focused on themes of economic justice, social activism, and the role of intellectuals in society. West, known for his critical perspectives on race, democracy, and justice in America, delves into...
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