60-Second Adventures in Economics - for iPod/iPhone

By The Open University

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Subscribers: 11
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Episodes: 24

Description

Ever shaken an invisible hand? Been flattened by a falling market? Or wondered what took the bend out of Phillips' curve? David Mitchell helps reveal some of the great dilemmas faced by governments trying to run an economy - whether to save or spend, control inflation, regulate trade, fix exchange rates, or just leave everyone to get on with it and not intervene. You'll learn why Adam Smith put such a high price on free markets, how Keynes found a bold new way to reduce unemployment, and what economists went on to discover about the impact of policy on people's and businesses' behaviour - which may not always be entirely rational...

Episode Date
The Invisible Hand
Aug 29, 2012
Transcript -- The Invisible Hand
Aug 29, 2012
The Paradox of Thrift
Aug 29, 2012
Transcript -- The Paradox of Thrift
Aug 29, 2012
The Phillips Curve
Aug 29, 2012
Transcript -- The Phillips Curve
Aug 29, 2012
The Principle of Comparative Advantage
Aug 29, 2012
Transcript -- The Principle of Comparative Advantage
Aug 29, 2012
The Impossible Trinity
Aug 29, 2012
Transcript -- The Impossible Trinity
Aug 29, 2012
Rational Choice Theory
Aug 29, 2012
Transcript -- Rational Choice Theory
Aug 29, 2012