Coming Soon: Cowen/Yglesias: Why Is the Rent So Damn High?
Coming Soon: Cowen/Yglesias: Why Is the Rent So Damn High?
09:54
Cowen/Tabarrok: Will Machines Take Our Jobs?
Technological innovation has long triggered fears of mass unemployment. In fact, we’ve been...
09:55
Owning a home is a huge part of the American Dream. But is the dream of homeownership really all...
06:16
Econ Duel: Is Education Signaling or Skill Building?
What’s the point of education? Do you learn about things, because the learning itself matters,...
09:31
Asymmetric Information and Used Cars
George Akerlof, a Nobel Prize-winning economist, analyzed the theory of adverse selection – which...
02:39
Asymmetric Information in Health Insurance
In this video, we discuss asymmetric information, adverse selection, and propitious selection in...
07:30
Imagine you take your car in to the shop for routine service and the mechanic says you need a...
04:09
What are some solutions to moral hazard? We could try to make information less asymmetric —...
05:54
A signal is an action that reveals information. Let’s look at higher education, for example. A...
06:45
Public Goods and Asteroid Defense
While the probability of an asteroid hitting the planet is very low, its effect would be...
02:30
What do we mean by “nonexcludable” and “nonrival” when talking about public goods? Public goods...
07:55
In this video we discuss club goods. Club goods are nonrival and excludable. For instance, HBO is...
05:03
In this video, we take a look at common goods. Common resources are nonexcludable but rival. For...
10:35
Introduction to Price Discrimination
Price discrimination is common: movie theaters charge seniors less money than they charge young...
09:40
The Social Welfare of Price Discrimination
Now that we’ve learned a little about price discrimination, we can begin to think about whether...
08:03
What is tying and how is this a form of price discrimination? An example of a tied good is an HP...
06:47
Bundling refers to when two or more goods are sold together as a package. Microsoft Office, Cable...
15:28
In this video on the marginal product of labor, we discuss some commons questions such as: How...
10:21
Wages in America differ greatly among workers. Why is that? One reason includes differences in...
07:12
The Tradeoff Between Fun and Wages
If you had to choose, would you rather be a sewer inspector spending your days underground or a...
02:56
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