This week's episode is the full lecture 6 of the Principles of Economics online course, and its topic is capital! What is capital from the Austrian perspective, why is it such a pivotal a concept in economics, and what are the most common misunderstandings of it. Sign up to saifedean.com to study this online course, with a new lecture every 2 weeks and a liv ... Show More
Mar 3
315. Principles of Economics Lecture 6: Capital
Sixth lecture of Principles of Economics explores capital as saved resources that lengthen production to raise productivity, showing how time preference governs saving and interest, why capital is costly and fragile (depreciation, risk, destruction), and how capital accumulation ... Show More
47m 27s
Feb 24
314. Principles of Economics Lecture 5: Property
Fifth lecture of Principles of Economics explains property as the only workable solution to the problem of scarcity, how ownership prevents conflict, the logic of self-ownership, and how secure property rights enable saving, capital formation, peaceful cooperation & civilizationa ... Show More
44m 40s
Feb 17
313. Principles of Economics Lecture 4: Labor
Fourth lecture of Principles of Economics explores labor as the sacrifice of leisure for future gain, explaining disutility, production and productivity, how wages reflect marginal output, why work never disappears, and how voluntary labor and capital raise the value of human tim ... Show More
47m 18s
Jul 2020
Planet Money Summer School
Introducing an economics education for your ears! We're calling it Planet Money Summer School. It's all the economics you meant to learn, but didn't get around to. Each Wednesday, we'll serve up a Planet Money story, or selection of excerpts, paired with insights from our economi ... Show More
2 m
Mar 2023
Everything You Need to Know About Economics with Howard Yaruss
Remember that economics course you took? Yeah, me neither. Turns out that knowing what’s happening in the economy is more important than you know. Politicians are making decisions with the economy that have a direct impact on your money. So as our guest Howard Yaruss, economist, ... Show More
41m 37s
Dec 2021
S E52: Useful Economics in Everyday Life
We're all actors in the economy, with different habits, dilemmas and choices. And economics is about everyday decisions in our daily lives as much as it is about government policy. As economics professors, Betsey Stevenson and Justin Wolfers have honed the ways to show how econom ... Show More
18m 33s
Dec 2022
5 Principles of Personal Finance to Become Financially Free
If you are in search of becoming financially free, you need to know these 5 principles of personal finance. Our guest on this episode, Curtis May, is the creator and owner of Practical Wealth Advisors and the host of The Practical Wealth Show Podcast. Curtis has been planning for ... Show More
47m 7s
Jul 2021
MI100: Masterclass on Building an Online Course Business w/ Jacques Hopkins
IN THIS EPISODE, YOU’LL LEARN:
5:19 - The six side-businesses that Jacques started that failed, why they failed, and how he realized that creating a piano course was the right choice for him
12:21 - Lessons Jacques learned from his failures and how he’s applying them to his b ... Show More
1h 20m
Nov 2021
S E49: A Conversation with Greg Mankiw: Financial Crisis, Recessions and Communicating Economics
Professor Greg Mankiw is one of the most influential economists today: a New Keynesian, advisor to Presidents, and a good friend of Betsey Stevenson and Justin Wolfers. In this episode, the three of them discuss what we can learn from financial crises, why globalisation has lost ... Show More
28m 50s
Feb 2024
TIP609: Fooled by Randomness by Nassim Taleb
On today’s episode, Clay reviews Nassim Taleb’s book – Fooled by Randomness.
Nassim Taleb is a Lebanon-born American mathematician and statistician whose work concerns problems of randomness, probability, and uncertainty. He’s very well known for his popular books, including The ... Show More
1 h