Here’s a pair of economics videos to make up for my absence for so long.
The first of these came out over a year ago, the second is a little more recent. I’m pretty sure the creators have an Austrian bent, but entertaining nonetheless.
A Hayek vs. Keynes Rap Anthem:
And part 2:
Good to see the realization of that adding efficiencies from business to pop music can be a positive:
(via myglesias)
[Note: I have a few posts saved from last year that I'll probably be posting this week, so take the "Today" part of the tagline with a grain of salt.]
Tyler Cowen, the George Mason economics professor and main contributor at Marginal Revolution, wrote an eloquent analysis of income inequality and how it ties to the financial crisis:
The Inequality That Matters – Tyler Cowen – The American Interest Magazine.
Great both for the statistics shown, and the visualizations used:
YouTube – Hans Roslings 200 Countries, 200 Years, 4 Minutes – The Joy of Stats – BBC Four.
(via slashdot)
Are ink cartridges really that expensive?
The Price of a Gallon: 47 liquids compared.
(Yes, yes they are.)
An insightful look into the challenges of reducing poverty:
A Culture of Poverty – Ta-Nehisi Coates – Personal – The Atlantic.
(via myglesias)
SMBC isn’t in my regular rotation, but probably should be:
Saturday Morning Breakfast Cereal.
(via marginalrevolution)
Update: Link fixed.
Double post today because I missed yesterday.
I’m a little late on this, but Peter Diamond was recently the co-recipient of the Nobel Prize in Economics. (For another interesting link, this prize is not one of the original Nobel Prizes.) I think my knowledge of economics (admittedly not very high to begin with) may have doubled just by reading this overview of his work:
Marginal Revolution: Peter A. Diamond.
Similar summaries of the other co-recipients are available on the same site:
(via marginalrevolution)
Here’s a great infographic on some struggling European countries:
http://www.nytimes.com/interactive/2010/05/02/weekinreview/02marsh.html
(via marginalrevolution)