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Everyday Economics (Video)

Marginal Revolution University

Everyday Economics applies the "big ideas" from economics to everyday topics in an entertaining, narrative-style fashion. Each section of the course features a different professor discussing the ideas they are passionate about. The course kicks off with Don Boudreaux discussing how trade and specialization play a role in the "hockey stick" of human prosperity. Tyler Cowen is up next, applying the ideas of economics to discovering the best food anywhere you go. Learn more at mruniversity.com/everyday.

  • Are There Winners and Losers of Globalization?
    While globalization has helped lift over a billion people out of extreme poverty in the last 20 years alone, some of the world has seen little to no movement—most notably the working- and middle-classes in developed economies like the USA, Canada, Europe...
    8 July 2021, 8:41 pm
  • Creative Destruction: Technology and Trade
    Creative destruction is one of the most important concepts of economics. Creative destruction is the continual process of innovation in which new products and services replace outdated ones.  This is a boon for consumers—that's the creative part—but many...
    8 July 2021, 8:40 pm
  • Avengers: The Story of Globalization
    How can Avengers: Infinity War help us better understand globalization?  Economist Tyler Cowen and political scientist Ian Bremmer examine the four different stages of globalization, and what each stage has meant for the world. The progressively faster...
    8 July 2021, 8:39 pm
  • The Hidden Cost of Pollution
    Everyone knows that pollution is bad. But new economics research now shows it’s even worse than we thought—pollution is making us sick and stupid! Professor Alex Tabarrok overviews recent research that examines how pollution negatively affects employment...
    17 April 2020, 1:09 pm
  • The Great Reset
    Economic progress is not continual and inevitable. It can be disrupted with short downturns and, as we’ve seen in this series, periods of stasis. If we continue on this trajectory, there is the possibility of a “great reset” and there are some strong...
    4 April 2017, 1:31 am
  • The Missing Men
    We’re going to paint a not-so-pretty picture of the current U.S. labor force: Millions of working age (25-54) American men do not have jobs and, because they are not actively seeking work, do not count towards our primary unemployment statistic. Many of...
    27 March 2017, 4:40 pm
  • American Stasis
    Disruption. This is the big buzzword when it comes to startups and Silicon Valley. Many of the top tech businesses today have caused major disruptions in their industries – from Uber, to Airbnb, and even Facebook, these tech giants are changing the game...
    20 March 2017, 9:28 pm
  • The New Era of Segregation
    Do you live in a “bubble?” There’s a good chance that the answer is, at least in part, a resounding “Yes.” In our algorithm-driven world, digital servants cater to our individual preferences like never before. This has caused many improvements to our...
    6 March 2017, 3:42 pm
  • The Complacent Class
    Restlessness has long been seen as a signature trait of what it means to be American. We've been willing to cross great distances, take big risks, and adapt to change in ways that have produced a dynamic economy. From Ben Franklin to Steve Jobs,...
    27 February 2017, 6:37 pm
  • Economist's Christmas
    What do you really want for the holidays? And how can you be sure you’re giving the perfect gift to someone else? Of course, you want to get your loved ones something they will appreciate, but you face a knowledge problem: you don’t know everything about...
    4 December 2016, 4:22 pm
  • Comparative Advantage and the Tragedy of Tasmania
    What can a small, isolated island economy teach the rest of the world about the nature and causes of the wealth of nations? When Tasmania was cut off from mainland Australia, it experienced the miracle of growth in reverse, as the reduction in trade and...
    23 October 2015, 9:01 pm
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