Home
Search results “Principles of keynesian economics”
Keynesian economics | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy
 
12:05
Contrasting Keynesian and Classical Thinking Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/keynesian-thinking/v/risks-of-keynesian-thinking?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/monetary-fiscal-policy/v/tax-lever-of-fiscal-policy?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 712121 Khan Academy
Economic Schools of Thought: Crash Course Economics #14
 
10:05
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other economic ideas out there, and today we're going to talk about a few of them. So, if you've been aching to hear about socialism, communism, the Chicago School, or the Austrian School, this episode is for you. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 800798 CrashCourse
Keynesian Theory in 5 min
 
04:37
An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustrations inspired by Olivier Ballou. Please make liberal use of the pause button. Please mute the annoying music (yes I'm recycling tracks from my previous videos, pathetic I know) The Business Cycle in 5 min: http://www.youtube.com/watch?v=GU-FXv2VlK0&feature=plcp The Federal Reserve in 5 min: http://www.youtube.com/watch?v=Hjm26fTH9K0
Views: 575158 libertyordeathTV
Principles of Macroeconomics: Lecture 26 - The Keynesian Model
 
49:50
This course prepares the student to understand the economic structure of the United States and its place in the world economy, to interpret common economic measures, to understand the processes of governmental fiscal and monetary policies, and to evaluate individual decision-making from an economic perspective. Learn more about Missouri State iCourses at http://outreach.missouristate.edu/icourses.htm
Keynesian Theory of Income and Employment
 
20:57
The equilibrium level of employment and income is not necessarily the full employment income level as believed by classical economists. #YOUCANLEARNECONOMICS
Views: 19434 E.Z. Classes
Keynesian Economics
 
15:01
Views: 396 W Jensen
Risks of Keynesian thinking | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy
 
08:14
Why Keynesian thinking might not be ideal sometimes Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/monetary-system-topic/fractional-reserve-banking-tut/v/overview-of-fractional-reserve-banking?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/keynesian-thinking/v/keynesian-economics?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 137789 Khan Academy
Keynesian Economics (Revision Webinar Video)
 
26:45
​Here is a recording on key aspects of Keynesian economics applied to current policy issues for the UK and other countries. An understanding of Keynesian ideas can be helpful in evaluating macroeconomic stability in terms of prices, jobs and incomes. Keynesians believe that free markets are volatile and not always self-correcting in the event of an external shock The free-market system is prone to lengthy periods of recession & depression Economies can remain stuck in an “underemployment” equilibrium In a world of stagnation or depression, direct state intervention may be essential to restore confidence and lift demand. Keynes was one of the first economists to criticise the profession for adhering to unrealistic assumptions - - - - - - - - - MORE ABOUT TUTOR2U ECONOMICS: Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more: https://www.tutor2u.net/economics A Level Economics Revision Flashcards: https://www.tutor2u.net/economics/store/selections/alevel-economics-revision-flashcards A Level Economics Example Top Grade Essays: https://www.tutor2u.net/economics/store/selections/exemplar-essays-for-a-level-economics
Views: 7091 tutor2u
Principles of Macroeconomics: Lecture 27 - The Keynesian Model 2
 
40:30
This course prepares the student to understand the economic structure of the United States and its place in the world economy, to interpret common economic measures, to understand the processes of governmental fiscal and monetary policies, and to evaluate individual decision-making from an economic perspective. Learn more about Missouri State iCourses at http://outreach.missouristate.edu/icourses.htm
Mod-01 Lec-30 Keynesian economics
 
50:32
History of Economic Theory by Dr. Shivakumar, Department of Humanities and Social Sciences IIT Madras, For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 1654 nptelhrd
What is NEW KEYNESIAN ECONOMICS? What does NEW KEYNESIAN ECONOMICS mean?
 
04:57
What is NEW KEYNESIAN ECONOMICS? What does NEW KEYNESIAN ECONOMICS mean? NEW KEYNESIAN ECONOMICS meaning - NEW KEYNESIAN ECONOMICS definition - NEW KEYNESIAN ECONOMICS meaning - NEW KEYNESIAN ECONOMICS definition - NEW KEYNESIAN ECONOMICS explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. New Keynesian economics is a school of contemporary macroeconomics that strives to provide microeconomic foundations for Keynesian economics. It developed partly as a response to criticisms of Keynesian macroeconomics by adherents of New Classical macroeconomics. Two main assumptions define the New Keynesian approach to macroeconomics. Like the New Classical approach, New Keynesian macroeconomic analysis usually assumes that households and firms have rational expectations. But the two schools differ in that New Keynesian analysis usually assumes a variety of market failures. In particular, New Keynesians assume that there is imperfect competition in price and wage setting to help explain why prices and wages can become "sticky", which means they do not adjust instantaneously to changes in economic conditions. Wage and price stickiness, and the other market failures present in New Keynesian models, imply that the economy may fail to attain full employment. Therefore, New Keynesians argue that macroeconomic stabilization by the government (using fiscal policy) or by the central bank (using monetary policy) can lead to a more efficient macroeconomic outcome than a laissez faire policy would. New Keynesian economists agree with New Classical economists that in the long run, the classical dichotomy holds: changes in the money supply are neutral. However, because prices are sticky in the New Keynesian model, an increase in the money supply (or equivalently, a decrease in the interest rate) does increase output and lower unemployment in the short run. Furthermore, some New Keynesian models confirm the non-neutrality of money under several conditions. Nonetheless, New Keynesian economists do not advocate using expansive monetary policy for short run gains in output and employment, as it would raise inflationary expectations and thus store up problems for the future. Instead, they advocate using monetary policy for stabilization. That is, suddenly increasing the money supply just to produce a temporary economic boom is not recommended as eliminating the increased inflationary expectations will be impossible without producing a recession. However, when the economy is hit by some unexpected external shock, it may be a good idea to offset the macroeconomic effects of the shock with monetary policy. This is especially true if the unexpected shock is one (like a fall in consumer confidence) which tends to lower both output and inflation; in that case, expanding the money supply (lowering interest rates) helps by increasing output while stabilizing inflation and inflationary expectations. Studies of optimal monetary policy in New Keynesian DSGE models have focused on interest rate rules (especially 'Taylor rules'), specifying how the central bank should adjust the nominal interest rate in response to changes in inflation and output. (More precisely, optimal rules usually react to changes in the output gap, rather than changes in output per se.) In some simple New Keynesian DSGE models, it turns out that stabilizing inflation suffices, because maintaining perfectly stable inflation also stabilizes output and employment to the maximum degree desirable. Blanchard and Galí have called this property the ‘divine coincidence’. However, they also show that in models with more than one market imperfection (for example, frictions in adjusting the employment level, as well as sticky prices), there is no longer a 'divine coincidence', and instead there is a tradeoff between stabilizing inflation and stabilizing employment. Further, while some macroeconomists believe that New Keynesian models are on the verge of being useful for quarter-to-quarter quantitative policy advice, disagreement exists. Recently, it was shown that the divine coincidence does not necessarily hold in the non-linear form of the standard New-Keynesian model. This property would only hold if the monetary authority is set to keep the inflation rate at exactly 0%. At any other desired target for the inflation rate, there is an endogenous trade-off, even under the absence real imperfections such as sticky wages, and the divine coincidence no longer holds.
Views: 7206 The Audiopedia
PART 7- KEYNES EFFECTIVE DEMAND
 
07:34
THIS IS JUST A PART OF A VIDEO MADE EARLIER (LINK IN DISCRIPTION)..ADDED IT SEPARATELY AS ITS USEFUL FOR OTHER VIDEOS TOO. ORIGINAL VIDEO- https://www.youtube.com/watch?v=KAC-LpXxHIU&index=1&list=PLEKW0AtPc3nE4fjg62iIwCxwZ46aFFqy8&t=0s
Views: 2384 Ideal Coaching
Keynesian Aggregate Supply/Aggregate Demand (AS/AD)
 
07:15
Keynesian Aggregate Supply/Aggregate Demand (AS/AD) - The Keynesian view of aggregate demand and aggregate supply in the long run
Views: 76010 EconplusDal
Masters Of Money | Part 1 | John Maynard Keynes
 
59:07
John Maynard Keynes (John Maynard Keynes, 1883-1946), one of the most influential modern Western economics economist, founded macroeconomics and Freud's psychoanalysis, created by law and love Einstein discovered the theory of relativity, together known as the three revolutions of the twentieth century mankind intelligentsia. Its most famous works is "The General Theory of Employment, Interest and Money." I do not own this and I did not produce this either.
Views: 208750 Documentaries
Theory of Employment : J M Keynes (Class 12)
 
07:23
I was actually suppose to explain you how the Keynesian theory of employment helped the economy to achieve growth during the great depression. But i though of making a whole video on it so that you guys get introduced to the classical school of thought as well. The best way to understand this video is to watch the aggregate demand and aggregate supply videos that has been made on The Sagar Raut Channel. Hope you like this video. If you do then do share it with your friends. Music Courtesy :- No Copyright Beats Image Courtesy :- Pixabay.com
Classical and Keynesian Economics | CrushCourse official.
 
07:01
Keynesian economics | Classical economics | Keynesian and classical are two models that economists use to describe the economy. Let's take a look because the real world currently runs on Keynesian principles. Twitter: https://twitter.com/TheCrushCourse Pinterest: https://www.pinterest.com/crushcourse Google Plus: https://plus.google.com/106045269930375550495 Thanks for watching! #keynesian #economics #crushcourse
Views: 27974 CrushCourse Official
Lec 1 | MIT 14.01SC Principles of Microeconomics
 
34:14
Lecture 1: Introduction to Microeconomics Instructor: Jon Gruber, 14.01 students View the complete course: http://ocw.mit.edu/14-01SCF10 License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
Views: 945629 MIT OpenCourseWare
Keynesian theory of income and employment
 
12:37
hello friends, I had explained Keynesian theory of income and employment in brief for notes E-mail me : [email protected] thanks.
Views: 27119 Imaduddin Khan
What is The Keynesian Theory?
 
01:38
Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. Keynes advocated increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the Depression. Subsequently, the term “Keynesian economics” was used to refer to the concept that optimal economic performance could be achieved – and economic slumps prevented – by influencing aggregate demand through activist stabilization and economic intervention policies by the government. By Barry Norman, Investors Trading Academy
Keynesian Economics Is Wrong: Bigger Gov't Is Not Stimulus
 
07:29
Based on a theory known as Keynesianism, politicians are resuscitating the notion that more government spending can stimulate an economy. This mini-documentary produced by the Center for Freedom and Prosperity Foundation examines both theory and evidence and finds that allowing politicians to spend more money is not a recipe for better economic performance.
Views: 206997 afq2007
Employment and Unemployment - Unemployment and Inflation (1/3) | Principles of Macroeconomics
 
09:12
Employment and Unemployment is the focus of this video. The following subtopics are covered in the series: - why unemployment is a problem - relevant definitions - labour market indicators - additional definitions of unemployment - frictional unemployment - structural unemployment - cyclical unemployment - natural unemployment - why inflation and deflation are problems - the consumer price index - calculating CPI - measuring the rate of inflation - evaluation of the CPI - alternative price indices to the CPI - core inflation unemployment in canada 2015 | unemployment in Canada | unemployment rate | unemployment boots | unemployment documentary | unemployment song | unemployment benefits | unemployment and its natural rate
Views: 33623 Inspirare
Keynesian Economics
 
04:36
Keynesian Economics http://www.economicshelp.org/
Views: 8030 economicshelp
Simple Keynesian Model
 
15:02
Views: 27796 arnoldhite
The Economic Consequences of the Peace (by John Maynard Keynes) Audiobook
 
05:41:25
The Economic Consequences of the Peace; Audiobook, by John Maynard Keynes
Views: 6531 Intellectual Exercise
Principles of Stabilisation policy – Keynesian model
 
23:44
Subject : Economics Paper : Theory of public finance
Views: 171 Vidya-mitra
The Multiplier Effect- Macro 3.9B
 
05:35
A new econ video every Tuesday! In this video I explan the two multipliers that you will see in a standard macroeconomics course: The Spending Multiplier and the Money Multiplier. *Note* I didn't mention that the tax multiplier is always negative. give you a few practice questions so be sure to pause the video and try it on your own. Don't freak out about the math. Most courses don't require that you actually understand the math behind geometric series, but you do need to know the equaltions. Thanks for watching. If you want me to keep making more videos, please subscribe. More about the multiplier https://www.youtube.com/watch?v=Xg-0z5RWbAU&index=11&list=PLBC35DEA1D1A98034 Spending and Tax Multiplier Practice https://www.youtube.com/watch?v=kgAgYi0nuM8 The Money Multiplier- How Banks Create Money https://www.youtube.com/watch?v=JG5c8nhR3LE Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3... Microeconomics Videos https://www.youtube.com/watch?v=swnoF... Watch Econmovies https://www.youtube.com/playlist?list... Follow me on Twitter https://twitter.com/acdcleadership
Views: 320750 Jacob Clifford
FMM: Introductury Lecture Hein, Introduction to Post-Keynesian Economics
 
01:34:35
Introduction to Post-Keynesian Economics Eckhard Hein, Berlin School of Economics and Law To the documentation: http://www.boeckler.de/veranstaltung_... Twenty years ago, the Research Network Macroeconomics and Macroeconomic Policies (FMM) was founded as a platform for analysis, research and discussion of macroeconomic issues. At the time macroeconomic theory and policy were dominated by neoclassical approaches. In contrast, the network was established to promote alternative, heterodox concepts of macroeconomic theory and refocus economic policy on the goals of high employment, environmentally sustainable growth, price stability, reduced inequality and poverty. At our 20th conference, we will assess the current state of macroeconomics. What has changed in the two decades since the foundation of the network? Is there greater pluralism in theoretical approaches? What are the improvements in modelling the economy in orthodox and heterodox approaches? What is the explanatory power and empirical content of macroeconomics today?
Multiplier Effect and Accelerator
 
10:12
Multiplier Effect and Accelerator Effects - A look at the multiplier effect and accelerator effects in detail
Views: 85964 EconplusDal
KEYNESIAN THEORY OF EMPLOYMENT MACRO ECONNOMICS
 
10:00
KEYNESIAN THEORY OF EMPLOYMENT MACRO ECONNOMICS
Views: 23550 Shashi Aggarwal
Principles of Macroeconomics: Lecture 28 - The Keynesian Model 3
 
48:45
This course prepares the student to understand the economic structure of the United States and its place in the world economy, to interpret common economic measures, to understand the processes of governmental fiscal and monetary policies, and to evaluate individual decision-making from an economic perspective. Learn more about Missouri State iCourses at http://outreach.missouristate.edu/icourses.htm
Fiscal Policy and Stimulus: Crash Course Economics #8
 
11:54
In which Jacob and Adriene teach you about the evils of fiscal policy and stimulus. Well, maybe the policies aren't evil, but there is an evil lair involved. In this episode we learn how government use taxes and spending influence the economy. Sometimes the government gives, and sometimes it takes. And the giving and the taking can have a profound effect on how economies behave. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 877850 CrashCourse
Theory of Multiplier (by SANAT SHRIVASTAVA)
 
15:28
(Asst. Prof. SANAT SHRIVASTAVA is a Faculty at Kalhana Academy an Institute for IAS, New Delhi) Follow Sanat on Facebook - https://www.facebook.com/sanat822 Follow Sanat on Linkdin - https://in.linkedin.com/in/sanat17 e-mail Id - [email protected] https://sanatecoholics.blogspot.com/ #economics #sanat #ecoholics Follow Sanat on Instagram! Username: sanat.shrivastava https://www.instagram.com/sanat.shrivastava?r=nametag Contact - 7223946092 (Whatsapp Number) Download our ECOHOLICS app from play store: https://play.google.com/store/apps/details?id=co.classplus.ecoh
Views: 34599 ECOHOLICS
The Keynesian Model and the Classical model
 
10:10
a very good video comparing classical and Keynesian economics.
Views: 115248 g whizziest
The Sharp Break Keynesian AS Curve
 
03:48
Use of the 'sharp break' AS curve (know in some texts as the 'naive' Keynesian AS curve to simplify explaining the basic principles of the Keynesian model.
Views: 541 TheWyvern66
Mod-01 Lec-29 Keynesian Revolution: Macroeconomics
 
50:08
History of Economic Theory by Dr. Shivakumar, Department of Humanities and Social Sciences, IIT Madras, For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 2520 nptelhrd
POLITICAL THEORY – Friedrich Hayek
 
11:50
The leading theorist of modern right-wing political movements was an Austrian economist called Friedrich Hayek. For more on this and other great thinkers, see our new book: http://bit.ly/29URGvS Watch more films on PHILOSOPHY in our playlist: http://bit.ly/1gfQCEu If you like our films, take a look at our shop (we ship worldwide): http://bit.ly/29fjZTV FURTHER READING "Friedrich August von Hayek (1899-1992) was a political economist who had a tremendous influence upon how people in capitalist societies understand the concept of liberty. Controversially, for Hayek ‘liberty’ did not mean democracy or a commitment to a set of ‘liberal’ ideals. Rather, Hayek believed that liberty was ‘a policy which deliberately adopts competition, markets and prices as its ordering principles’......" You can read more about this an other topics on our blog TheBookofLife.org: http://bit.ly/29ov8pg SOCIAL MEDIA Feel free to follow us at the links below: Facebook: https://www.facebook.com/theschooloflifelondon/ Twitter: https://twitter.com/TheSchoolOfLife Instagram: https://www.instagram.com/theschooloflifelondon/ CREDITS Written by Chris Grocott http://www2.le.ac.uk/departments/management/people/chris-grocott https://www.leicester.academia.edu/chrisgrocott Produced in collaboration with Reflective Films http://www.reflectivefilms.co.uk/ #TheSchoolOfLife
Views: 450899 The School of Life
Mankiw's Ten Principles of Economics.mp4
 
40:30
Ten principles of economics by famous author Greg Mankiw.
Views: 77385 Yuli Andriansyah
John Maynard Keynes' Contributions to Economics and Finance: Keynesian Theory (2002)
 
57:37
During World War II, Keynes argued in How to Pay for the War, published in 1940, that the war effort should be largely financed by higher taxation and especially by compulsory saving, rather than deficit spending, in order to avoid inflation. About the book: https://www.amazon.com/gp/product/0142001678/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0142001678&linkCode=as2&tag=tra0c7-20&linkId=36b665e6553e37720fd70a902162339a Compulsory saving would act to dampen domestic demand, assist in channelling additional output towards the war efforts, would be fairer than punitive taxation and would have the advantage of helping to avoid a post war slump by boosting demand once workers were allowed to withdraw their savings. In September 1941 he was proposed to fill a vacancy in the Court of Directors of the Bank of England, and subsequently carried out a full term from the following April.[54] In June 1942, Keynes was rewarded for his service with a hereditary peerage in the King's Birthday Honours.[7] On 7 July his title was gazetted as "BARON KEYNES, of Tilton, in the County of Sussex" and he took his seat in the House of Lords on the Liberal Party benches.[55] As the Allied victory began to look certain, Keynes was heavily involved, as leader of the British delegation and chairman of the World Bank commission, in the mid-1944 negotiations that established the Bretton Woods system. The Keynes-plan, concerning an international clearing-union argued for a radical system for the management of currencies. He proposed the creation of a common world unit of currency, the bancor, and new global institutions – a world central bank and the International Clearing Union. Keynes envisaged these institutions managing an international trade and payments system with strong incentives for countries to avoid substantial trade deficits or surpluses. The USA's greater negotiating strength, however, meant that the final outcomes accorded more closely to the more conservative plans of Harry Dexter White. According to US economist Brad Delong, on almost every point where he was overruled by the Americans, Keynes was later proved correct by events.[56] The two new institutions, later known as the World Bank and International Monetary Fund (IMF), were founded as a compromise that primarily reflected the American vision. There would be no incentives for states to avoid a large trade surplus; instead, the burden for correcting a trade imbalance would continue to fall only on the deficit countries, which Keynes had argued were least able to address the problem without inflicting economic hardship on their populations. Yet, Keynes was still pleased when accepting the final agreement, saying that if the institutions stayed true to their founding principles, "the brotherhood of man will have become more than a phrase." After the war, Keynes continued to represent the United Kingdom in international negotiations despite his deteriorating health. He succeeded in obtaining preferential terms from the United States for new and outstanding debts to facilitate the rebuilding of the British economy.[59] Just before his death in 1946, Keynes told Henry Clay, a professor of Social Economics and Advisor to the Bank of England [60] of his hopes that Adam Smith's 'invisible hand' can help Britain out of the economic hole it is in: "I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago." https://en.wikipedia.org/wiki/John_Maynard_Keynes
Views: 22550 The Film Archives
Economics - Mr. Gurney (Keynesian Rap)
 
01:38
In AP Macroeconomics at New Rochelle HS, Mr. Gurney's students perform a rap about fiscal policy and Keynesian economic principles. Josh Goldstein, Ashley Katz, and Brad Simon provide the fiscal policy entertainment with these lyrics: "We're keynesians, throw your hands up! We're keynesians throw your hands up!" 1929 the market crashed Hoover didn't know what to do The banks were in the trash My boy Johnny, came into town He wanted gov spending Everyone thought he was a clown! But then Franklin, he got his back, It's new deal time, FDR ain't gonna slack! We're keynesians throw your hands up! We're keynesians throw your hands up! World war 2, the economy burgeoned, Factories sprouted up Real GDP flourished! Uh, deficit spending on the rising, Consumption up, I'm about to go out buying! Yeah, but don't worry about recession Automatic stabilizers it's about to be expansion! We're keynesians throw you're hands up, we're keynesians throw your hands up! Tax cuts are the second tool But if you want that short term growth Spend more don't be a fool But watch out for crowding out, LFD on the rise, small businesses are surprised! We're keynesians throw your hands up! We're keynesians throw your hands up! Loanable funds, are really really fun But too much, expansion Crowding out it's done Yeah, contraction is the move Interest rates go down It's back into the groove Uh, high taxes kinda suck But if you find loopholes You'll have a little luck! We're keynesians throw your hands up! We're keynesians throw your hands up! Darren gurney is a beast He could be on Wall Street, But he would rather teach! And that's it for fiscal talk, When you get a 5, it won't be a shock! We're keynesians throw your hands up ! We're Keynesians throw your hands up!"
Views: 537 coachgurney
Keynesian Fallacy 101
 
03:39
Understanding the principles of reasoning will enable you to understand the different methodologies of thought.
Views: 252 Logical Reason
Week 1 Macroeconomics and Gross Domestic Product (GDP) FULL
 
01:43:47
Principles of macroeconomics; The General Theory of Employment, Interest and Money; John Maynard Keynes; Economic and macroeconomic study of individual decision making; scarce resources; market economy; market mechanism; market equilibrium; magic of markets; long run growth; fundamental theorem of welfare economics; optimal allocation of resources; no free lunch; Pareto optimality; John Maynard Keynes; The General Theory of Employment, Interest and Money; indicators and performance; gross domestic product (GDP) for United States (USA); recessions are an interruption of the increase of GDP; rate of inflation; unemployment; Political economy or economics is a study of mankind in the ordinary business of life; Alfred Marshall; hypothesising; hypothesizing; long run economic growth; macroeconomic themes; United States (USA) Federal Reserve (the Fed); monetary policy; interest rate targeting; GDP and inflation; cutting interest rates to encourage spending by firms and individuals; low interest rates; quantitative easing (QE); liquidity is pumped into the economy by the Federal Reserve buying assets in the private sector; encouraging aggregate spending in the economy; fiscal policy; government spending and tax; budget deficit or budget surplus; fiscal policy multiplier; government debt; raising living standards; sustainable public debt; sustainable private debt; per capita GDP; managing the business cycle; Ben Bernanke; Global Financial Crisis; monetary policy; central banks; inflation; household saving; Principles of macroeconomics; gross domestic product (GDP); United States (USA) imports and exports; flow of economic activity; stock; measure of economic activity; production; expenditure; income; Economic activity; production; intermediate good; final good; factors of production; labour; labor; capital; physical tangible assets that firms use; value added resources; consumption by households, government and foreigners; households consume durable goods; investment expenditure for future consumption; budget surplus; budget deficit;
Views: 16682 Melb Univ
Hayek and Keynes - Nicholas Wapshott
 
58:46
Nicholas Wapshott is the author of Keynes/Hayek: The Clash That Defined Modern Economics. Ludwig von Mises (1881–1973) and Friedrich A. Hayek (1899–1992) were leading founders of the Austrian School of economics, and are counted among the twentieth century’s foremost champions of free markets and critics of socialism. This second CCA of the 2016-2017 academic year will consider the history and principles of the Austrian School, as well as Mises’ and Hayek’s major works and continuing influence. Watch more from CCA II: Mises, Hayek, and the Austrian School at https://www.hillsdale.edu/live/2016-2017-cca-ii-mises-hayek-austrian-school/ Hillsdale College website: http://www.hillsdale.edu/
Views: 7000 Hillsdale College
Essentials of Heterodox and Post-Keynesain Economics
 
01:17:58
Marc Lavoie from University of Ottawa in Canada presented a seminar at University of Missouri Kansas City on March 21, 2014. The topic was "Essentials of Heterodox and Post-Keynesian Economics". Video and slides available together at http://neweconomicperspectives.org/2014/03/essentials-heterodox-post-keynesian-economics.html
Principles of Macroeconomics: Lecture 3 - Introduction to Economics 2
 
48:13
This course prepares the student to understand the economic structure of the United States and its place in the world economy, to interpret common economic measures, to understand the processes of governmental fiscal and monetary policies, and to evaluate individual decision-making from an economic perspective. Learn more about Missouri State iCourses at http://outreach.missouristate.edu/icourses.htm
Principles of economics, translated
 
05:21
"Mankiw's 10 principles of economics, translated for the uninitiated", by Yoram Bauman, http://www.standupeconomist.com . Presented at the AAAS humor session, February 16, 2007. For the record, the talk contains two unattributed quotes ("9 out of 5" is adapted from a line attributed to Paul Samuelson---although apparently he said it about Wall Street indices, not macroeconomists---and "wrong about things" is paraphrased from P.J. O'Rourke's Eat the Rich) and, of course, the Einstein "simple" quote is an intentional misquote. The talk is based on a published article in Annals of Improbable Research (see http://www.improb.com/airchives/paperair/volume9/v9i2/mankiw.html ), which sponsored my talk and to which you should subscribe (http://improb.com/subscribe/ ). In the paper you can see the "constructive example" of how trade can make everyone worse off (or you can just wait 50 years to see what happens with climate change). More info and other clips on my website (http://www.standupeconomist.com ), and please sign up for my email list. (No spam I promise.)
Views: 1302235 Yoram Bauman

Zestril tab 20mg average cost 2015
Arava 20 mg sched a tecnica pozzi ginori piemontese
Vera lucia feldene 20mg
Prometrium 200 mg cosa serve la
Nissen 5mg cialis