In this video, we look at the difference between the political philosophies Progressivism and Conservatism. We begin by taking a simple look at what Progress...
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In this video, we look at the difference between the political philosophies Progressivism and Conservatism. We begin by taking a simple look at what Progress...
In this video I explain Keynesian economics, the idea of the multiplier effect, the broken window fallacy, and the tradeoffs of government spending to get ou...
In this video, I take a look at John Stuart Mill's Utilitarianism. The work is summarized with reference to Jeremy Bentham and Ursula K. Le Guin's The Ones W...
The Supreme Court of the United States is the top of the Judiciary, one of the three branches of government. The high court has a fascinating history. In thi...
This week Craig Benzine takes a first look at the judicial branch. It's pretty easy to forget that the courts, and the laws that come out of them, affect our...
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Why do people buy the stuff they buy? In classical economics, most models assume that consumers behave rationally. As you've probably noticed in your real li...
Behavioral Economics- Irrational Consumers
Summary