We teach Austrian Economics in a fun way! How is wealth created? Saving and investing is the key to personal wealth as well as the economic growth. ? How prices are determined? What can we learn from knowing the price discovery process? ? The Great Recession was initiated by bursting of the housing bubble. But why there was a housing bubble in the first place? Opportunity cost is the road not taken. Every action has a cost! How do we determine the value of things? How to explain the “water and diamonds paradox”? The law of diminishing marginal utility gives us an answer! Learn Austrian Economics in a fun way! ?
Can there be not enough money? Can the amount of money be constant?
Can there be not enough money, to prevent it toβ¦ be money at all? Can the amount of money [β¦]
π¨π π±πΊ 2 Richest Countries in the World (per capita) | Switzerland & Luxembourg
Which counties have the highest GDP per capita in the world? What are the causes of this wealth?
βͺ [β¦]
π§ Nirvana Fallacy | Is “better” an enemy of the “good”?
What is the nirvana fallacy? What the nirvana fallacy has to do with economics? Is βbetterβ an enemy of [β¦]
π§ Are we facing a zombie apocalypse? Zombie firms
What are Zombie Companies? Why would anyone finance them? Are the Zombie Firms harmful for the economy?
βͺ The [β¦]
βοΈ Middle Income Trap | Caught in a trap?
What is the middle income trap and what is it about? What is responsible for the phenomena referred to [β¦]
π₯ The Myth of “The Blessings of War”
Weβre discussing the myth of the benefits of war, which goes something like this: βDoesnβt war, death and destruction [β¦]
Who Is Under The Resource Curse? | 2 Causes of Curse
What is the resource curse? What are the causes of the resource curse? What are the consequences? What is [β¦]
3 Poorest Counties in the World | Causes of Poverty
What are 3 poorest countries in the world? What causes poverty? What happens with the help for them?
πΈπ΄ [β¦]
?? Russian Sanctions Overview | List of sanctions imposed on Russia
Russian Sanctions Overview. What sanctions did the west imposed on Russia? What are the costs for Russia?
βͺ Quick [β¦]
β Are sanctions as effective as WAR?
Are sanctions as effective as WAR? What are economic sanctions, who imposes them and why? What are the types [β¦]