Ratel | Econ Clips | Page 6 of 7

Exports and Imports | Protectionism, Tariffs and Who Benefits From Them

Ratel2021-10-18T12:42:45+00:007 January, 2018|

What do we pay with for the products and services we need? With money, of course. But if we realize that money is merely a medium […]

Division of Labor and Free Trade – Comparative advantage

Ratel2021-10-18T12:41:06+00:0016 November, 2017|

How hard would it be for one man to live if he had to do everything by himself? Let me rephrase the question. Imagine if […]

Where do jobs come from? Employment vs self-employment

Ratel2021-10-18T12:39:01+00:0021 September, 2017|

Where do jobs come from? Why do all people not just work on their own?

Everyone strives to make the most effective use of their […]

4 Questions to Ask When Debating Inequality

Ratel2021-10-18T12:37:00+00:0010 September, 2017|

The change in the presidency is not going to reduce the amount of time and energy people will be spending debating the question of rising inequality. In […]

Is government spending effective?

Ratel2021-10-18T13:02:40+00:0013 August, 2017|

Let us start by asserting that the money the government holds is not its own. In general the government does not produce anything, nor create wealth, nor […]

Price system: free market vs. government intervention

Ratel2021-10-18T12:31:34+00:0013 May, 2017|

What is the role of the prices on the market? What happens when the government interferes with the market and sets a maximum or minimum price at […]

Frédéric Bastiat | That Which is Seen, and That Which is Not Seen

Ratel2021-10-18T12:24:51+00:0018 April, 2017|

What distinguishes a good economist from a bad economist? We may invoke Hazlitt’s question: Why is it that economics is haunted by more fallacies than any other […]

Austrian Business Cycle Theory | What causes business cycles?

Ratel2021-10-18T12:19:05+00:0011 April, 2017|

In one of the previous episodes we discussed time preference and interest rates. If you have not seen it, watch it before you start this episode. Today […]

Minimum Wage | Good or Bad Idea?

Ratel2021-10-18T12:17:41+00:006 March, 2017|

According to many politicians we only need to raise the minimum wage! If the task is as easy as passing merely one bill, if this will make […]

Value of things

Ratel2021-09-05T18:43:21+00:0013 February, 2017|

How do we determine the value of things? Aristotle had asked a question that remained unanswered through centuries: Why water that is vital for all life is […]

About Ratel

What do we pay with for the products and services we need? With money, of course. But if we realize that money is merely a medium […]

Let us start by asserting that the money the government holds is not its own. In general the government does not produce anything, nor create wealth, nor […]

What is the role of the prices on the market? What happens when the government interferes with the market and sets a maximum or minimum price at […]

What distinguishes a good economist from a bad economist? We may invoke Hazlitt’s question: Why is it that economics is haunted by more fallacies than any other […]

In one of the previous episodes we discussed time preference and interest rates. If you have not seen it, watch it before you start this episode. Today […]

According to many politicians we only need to raise the minimum wage! If the task is as easy as passing merely one bill, if this will make […]

How do we determine the value of things? Aristotle had asked a question that remained unanswered through centuries: Why water that is vital for all life is […]