https://www.aier.org/article/economic-essentials-and-economic-errors Oct 13, 2022 "Many introductory economics books start by listing some main ideas. For every Essential idea in economics, there is a corresponding Error. Here they are...Economics is about choosing. Every Choice Has a Cost. Incentives Affect People’s Choices. People Make Incremental Choices. Trade is Cooperation. People Are Rational. Cooperating in Markets is Costly, and Governments Regularly Make it Costlier. Profits Tell Businesses They are Helping People While Losses Tell Businesses They Are Wasting Resources. Choices Have Important Unintended Consequences. Second, the Errors: Economics is about money. It Doesn’t Cost Anything if You Don’t Have to Pay For It. Changing People’s Incentives Won’t Change Their Choices. Choices Are All or Nothing. Trade Is Exploitation. People Are Irrational. Government Will Fix Problems If We Get The Right People In Power. Profits are Greed. If It’s Bad For Someone Who Is Easy To Identify, It’s Bad For All." American Institute for Economic Research
https://www.engadget.com/2014-05-20-what-ever-became-of-microsofts-150-million-investment-in-apple.html May 20, 2014 "In August of 1997, Apple and Microsoft decided to put the past behind them and focus on the future. At that year's Macworld event, Steve Jobs and Bill Gates announced that the two companies had entered into a historic agreement...The deal between the two companies was mutually beneficial from every angle." engadget
https://www.cnn.com/2021/02/09/americas/cuba-private-work-analysis-oppmann-intl/index.html Feb 9, 2021 Background is provided about Cuban communism and necessary changes the government is making in the private sector. CNN
https://www.cnn.com/2021/01/31/us/chick-fil-a-drive-thru-covid-vaccine-trnd/?iid=ob_lockedrail_topeditorial Jan 31, 2021 Manager Jerry Walkowiak used his management skills to transform a traffic jam into a smooth operation. CNN
https://www.federalregister.gov/agencies/federal-reserve-system May 18, 2022 "The Federal Reserve System, the central bank of the United States, is charged with administering and formulating the Nation's credit and monetary policy. Through its supervisory and regulatory banking functions, the Federal Reserve maintains the safety and soundness of the Nation's economy, responding to the Nation's domestic and international financial needs and objectives. The Federal Reserve System was established by the Federal Reserve Act (12 U.S.C. 221), approved December 23, 1913. Its major responsibility is in the execution of monetary policy. It also performs other functions, such as the transfer of funds, handling Government deposits and debt issues, supervising and regulating banks, and acting as lender of last resort. It is the responsibility of the Federal Reserve System to contribute to the strength and vitality of the U.S. economy. By influencing the lending and investing activities of depository institutions and the cost and availability of money and credit, the Federal Reserve System helps promote the full use of human and capital resources, the growth of productivity, relatively stable prices, and equilibrium in the Nation's international balance of payments. Through its supervisory and regulatory banking functions, the Federal Reserve System helps maintain a commercial banking system that is responsive to the Nation's financial needs and objectives." Agency URL:http://www.federalreserve.gov Federal Register The Daily Journal of the United States Government
https://www.financecharts.com/pages/5729-an-overview-of-the-federal-reserve-system Jan 8, 2025 "The Federal Reserve System, often simply called the Fed, is America's central bank. It was founded in 1913 to make the nation's monetary system more stable and adaptable. The Federal Reserve System is responsible for setting national monetary policy, regulating banks, and keeping the economy stable. It consists of a seven-member board and 12 regional Federal Reserve banks...Why Was the Federal Reserve System Created?...What Does the Fed Do?...How the Fed Is Organized...Is the Federal Reserve System Solely in Charge of the Nation's Money?" FinanceCharts
https://www.aier.org Oct 17, 2022 "Integrity, Research, and Principle in the Study of Markets Since 1933. Founded in 1933, the American Institute for Economic Research (AIER) is one of the oldest and most respected nonpartisan economic research and advocacy organizations in the country. With a global reach and influence, AIER is dedicated to developing and promoting the ideas of pure freedom and private governance by combining advanced economic research with accessible media outreach and educational programming to cultivate a better, broader understanding of the fundamental principles that enable peace and prosperity around the world." American Institute for Economic Research
choices
costs
incentives
rules of the game
voluntary trade
primary and secondary effects
https://www.youtube.com/watch?v=p8bOhS8rlCE May 3, 2020 Economics is a social science that deals with the production, distribution, and consumption of goods and services. It also involves the theory and management of economies or economic systems. NBC News Learn
https://www.youtube.com/watch?v=CGv2ymqGznc Mar 10, 2021 About The Index For much of human history, most individuals have lacked economic freedom and opportunity, condemning them to poverty and deprivation. Today, we live in the most prosperous time in human history. Poverty, sicknesses, and ignorance are receding throughout the world, due in large part to the advance of economic freedom. In 2021, the principles of economic freedom that have fueled this monumental progress are once again measured in the Index of Economic Freedom, an annual guide published by The Heritage Foundation, Washington's No. 1 think tank. For twenty-seven years the Index has delivered thoughtful analysis in a clear, friendly, and straight-forward format. With new resources for users and a website tailored for research and education, the Index of Economic Freedom is poised to help readers track over two decades of the advancement in economic freedom, prosperity, and opportunity and promote these ideas in their homes, schools, and communities. The Index covers 12 freedoms – from property rights to financial freedom – in 184 countries. The Heritage Foundation
https://www.youtube.com/watch?v=QAD5fkSVjZQ Aug 13, 2018 Without natural resources, how did Hong Kong become such an economical powerhouse?
https://www.youtube.com/watch?v=u10flUOnyqI Jan 27, 2021 Jerry Walkowiak spoke with News 2 on his hand in helping speed up drive thru lines at a Mount Pleasant Vaccine clinic.
https://www.youtube.com/watch?v=LEEEnGPmq6A Mar 9, 2020 Why is it important to start saving when you are young? Does it make that much difference in the big picture? You might be shocked! Learn the basics of Financial Literacy.
https://www.youtube.com/watch?v=yDoaFwnfhX0 Sep 27, 2012 The smartphone has driven down sales of cameras, watches, GPS systems, and even iPods. To learn more about The Paradox of Progress, the full program, go to https://www.izzit.org/products/detail.php?video=paradox_of_progress
https://www.youtube.com/watch?v=Wspddd1BZBw Feb 21, 2017 What was one of the first companies deemed “too big to fail?” The East India Company. Their bailout led to the Boston Tea Party.
https://www.youtube.com/watch?v=4j2emMn7UaI Apr 6, 2020 Want less stress? More happiness? Learn how to manage your finances! How do you make a budget? What's an index fund? Why is compound interest so powerful? What is the time value of money? Why should you start saving now? What should credit be used for? (Hint – not pizza!) Do you ever want to buy a house? A car? Money and finances. It seems so complicated. But it's really not. Discover the answers to these questions and more. Learn the basics of Financial Literacy and how to manage your money…whatever there is of it!
https://www.youtube.com/watch?v=aWxvfkFbKy0&list=PL-erRSWG3IoALY5cNx0ReV9gCfE-E1e_m Sep 26, 2019 1 How Mercantilism Started the American Revolution 4:58, 2 US Economic History 2 — Interstate Commerce & the Constitution 3:57, 3 US Economic History 3 — National Banks’ Rise and Fall 5:25, 4 US Economic History 4 — Economic Causes of the Civil War 5:13, 5 Economic Growth in the Gilded Age — US Economic History 5 4:58, 6 Progressivism & the New Deal — US Economic History 6 5:21, 7 The Great Depression: Causes & Repercussions — US Economic History 7 4:56, 8 Post-WWII Boom: Transition to a Consumer Economy — US Economic History 8 4:32, 9 America’s Transition to a Global Economy (1960s-1990s) — US Economic History 9 5:55, 10 The Myth of Equality in the 1950s 4:57 Welcome to the Bill of Rights Institute's AP Prep Series. In this series, Professor Brian Domitrovic, is here to help you go into the exam well prepared! Learn Liberty
https://www.youtube.com/watch?v=Y2_eRUGlwXk&list=PL3B0666D6C73FB673 Jun 12, 2015 This coastal "Econ 120" series features a dorky but lovable economist who explains economic concepts in plain English. Filled with anecdotes and real-world examples, each "lesson" lasts about two minutes, or 120 seconds—thus, "Econ 120." These animated features are produced by the NOAA Coastal Services Center, targeting the needs of local government officials and others who manage the natural resources of our nation's coasts. usoceangov Econ 120 can be viewed at http://www.csc.noaa.gov/digitalcoast/socialcoast 1 3:23 Econ 120: Two-Minute Economic Lessons (Indicators) | 2 2:41 Econ 120: Two-Minute Economic Lessons (Externalities) | 3 3:42 Econ 120: Two-Minute Economic Lessons (Value) | 4 3:05 NOW PLAYING Econ 120: Two-Minute Economic Lessons (Ecosystem Services) | 5 2:26 ECON120 OceanEconomy usoceangov
https://fred.stlouisfed.org/series/M1SL Nov 9, 2021 Graph information is retrieved from FRED, Federal Reserve Bank of St. Louis, Federal Reserve Economic Data.