Tag: Economics

What Is Money?

What Is Money?

♪ [music] ♪ [Alex] What is money? In previous videos, we’ve taken the ordinary meaning of money for granted. But now we want to get a better understanding of money, banking, and central banking. And to do that, we need to be more precise about what money is and how we measure the supply of …

The business benefits of doing good | Wendy Woods

The business benefits of doing good | Wendy Woods

A few years ago, all the developed countries in the world — the wealthier ones — and all of the charities together donated about 200 billion dollars to developing countries in the world — the ones that bear most of the burden, the heaviest burden of the world’s biggest problems: poverty, hunger, climate change and …

💲 Money Creation | How does it work?

💲 Money Creation | How does it work?

Money creation: described by many as the biggest scam in the history of mankind; for others it’s a blessing and a driving force of the economy. For John Maynard Keynes it was a process that “engages all the hidden forces of economic law on the side of destruction, and does it in a manner which …

The Cost of War | Bernie Sanders

The Cost of War | Bernie Sanders

Being a warrior is about believing in what you are fighting for and holding strong to those convictions. I felt a sense of duty and I could not in good conscience stay back here in beautiful Hawaii and watch my brothers and sisters in uniform go off into combat. These are people and friends who …

Study business at Macquarie University

Study business at Macquarie University

Lots of universities out there can teach you about theory. What Macquarie does is different, take you one step further. They talk about real situations where you actually have to apply theory to come up with real solutions. That’s the Macquarie difference. You know how it takes a village to raise a child? Well, in …

How America’s Marginal Tax System Actually Works

How America’s Marginal Tax System Actually Works

This was the Internet’s reaction to Alexandria Ocasio Cortez’s proposed tax increase. Ocasio Cortez has suggested a 70 percent tax on the super rich to pay for the new Green Deal. But it means that as you climb up this ladder, you should be contributing more. There’s a lot of conflicting opinions out there and …

9 Things Poor People DO That Rich People DON’T

9 Things Poor People DO That Rich People DON’T

Do you want to be a millionaire or a billionaire you may think the only thing that differentiates a poor person from a rich person is working hard but according to many millionaires and billionaires that’s just not the case after all there are many hard-working janitors out there but there are some crucial things …

Robert Reich: Socialism of the Rich, Capitalism for the Rest

Robert Reich: Socialism of the Rich, Capitalism for the Rest

“We renew our resolve that America will never be a socialist country.” Someone should alert Trump that America is now a hotbed of socialism. But it’s socialism for the rich. Everyone else is treated to harsh capitalism. In the conservative mind, socialism means getting something for doing nothing. This pretty much describes General Motors’ receipt …