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He is a member of the American Philosophical Society, a Fellow of the Econometric Society, and a Fellow of the National Association of Business Economics. Economics USA: GNP/GDP Video Transcript Everyone’s talking about it, but who can explain it? During World War II, he worked for the War Production Board and became a battlefield operations analyst for the Army Air Forces. Under Gotbaum’s leadership, DC37 successfully organized thousands of municipal hospital workers and helped create New York City’s Office of Collective Bargaining. Economics U$A quickly became one of the most popular telecourses in the country, and has been so for more than 25 years. Mr. Randolph graduated from Salem Academy in 1920 and Salem College in 1922. Inflation from Oberlin College. As adviser to President Johnson, he convinced the president to adopt a major economic initiative—the “War on Poverty.” But he resigned when Johnson escalated the Vietnam War without raising taxes, thus setting the stage for an inflationary spiral. Competition with General Motors eventually rendered Ford’s single-option Model-T obsolete. These are all examples of oligopolies and the forces that influence them. Economic theory seeks to explain the production and consumption of goods. Mr. Reuss received his B.A. Dr. Bernstein received his Ph.B. Farmers lured into producing massive food surpluses for WWI could no longer profit when the war ended and demand plummeted. from Princeton University, M.Sc. His work encompasses banks, insurers, funds management firms, and other financial institutions. These stories show how competitive firms minimize their costs of production by utilizing an optimal combination of inputs and scale of operation, while others fall by the wayside. Economics USA: Economic Efficiency Audio Transcript, Unit 6 In 2009, he garnered controversy for a column he published lambasting Republican politicians for blocking new health-care legislation. Beginning in 1933, he worked at an exporting firm in Argentina, a bank in Chile, and a securities firm on Wall Street. Dr. Laffer received his B.A. He was Republican whip, 1985–1995, and Chairman of the Veterans’ Affairs Committee, 1981–1987 and 1995–1997. His writings exposed the beginnings of a federal spending spree that was pushing federal spending to dangerous limits; his budget research has been featured in front-page stories and editorials in the New York Times, the Wall Street Journal, the Washington Post, and the Los Angeles Times. Until 1990, he was President of the Committee for Economic Development, a nonprofit Washington organization devoted to the study of public policy. Between 1982 and 1985, the Fed tightened the money supply to combat inflation, despite rising unemployment. Bush’s Council of Economic Advisers and as a Faculty Research Fellow and Research Associate at the National Bureau of Economic Research. Economics USA: Fiscal Policy Audio Transcript Economics USA: Profits and Interest Audio Transcript, Unit 11 In 2001, he became Editor of the American Economic Review. Previously, he taught at the University of Maryland, served as Assistant Secretary for Planning and Evaluation at the Department of Health, Education, and Welfare, and chaired the 1979 Advisory Council on Social Security. Frank Videos. from Georgetown University Law School. from Wellesley and M.A. Chairman of the Civil Aeronautics Board during the period when it ended its regulation of the airline industry, paving the way for low-cost airlines from People Express to Southwest Airlines. She also served as Language Consultant to Children’s Television Workshop, helping to create “Sesame English” for markets in Japan and China. The U.S. Environmental Protection Agency’s first Administrator when the agency was formed by President Richard M. Nixon in 1970. These stories highlight two important factors for economic growth: capital per worker (a.k.a. from the University of Wisconsin. President George W. Bush appointed him a member of the President’s Foreign Intelligence Advisory Board, and, in 2009, President Barack Obama appointed him a member of the President’s Economic Recovery Advisory Board. 11. In 1972 a group of experts known as the Club of Rome issued a report called “The Limits to Growth,” predicting that raw materials could run out and world population growth and pollution could get out of hand. Chief Economist Director of economic forecasting and Chief Economist of IHS Global Insight, responsible for developing the economic outlook and risk analysis for the United States, Europe, Japan, China, and other emerging markets. Before joining Salomon Brothers, he served as an economist at the Federal Reserve Bank of New York. Mr. Wallison attended the Capitol Page School and received his B.A. He was Vice President of Development Economics and Chief Economist at the World Bank, 1988–1990; First Deputy Managing Director of the International Monetary Fund, 1994–2001; and then served as Vice Chairman of Citigroup, President of Citigroup International, and Head of the Public Sector Client Group. He held positions in the federal government, labor movement, and academia, serving in the U.S. Office of Education, Department of Labor, and on the National Labor Relations Board. and Ph.D. in Economics from Harvard University. A while back, we did a Freakonomics Radio program asking why the NFL hasn't (yet) put advertising on its players' jerseys. and Ph.D. in Agricultural Economics from the University of California, Berkeley. 25. 2. He has taught at Princeton University and at the Stern School of Business at New York University. Grade 12 Economics Course This video course covers Microeconomics . Congressman from Wisconsin, 1955–1983, a staunch Democrat known for his progressive stands on a wide range of issues. Economist known as the leading proponent of 20th-century political liberalism, and a prolific author who produced four dozen books and more than a thousand articles, including the popular trilogy American Capitalism, The Affluent Society, and The New Industrial State. and Ph.D. from George Washington University. This series: Shows how economic freedom is directly related to … Earlier, he was the Director of the Financial Research Program at the National Bureau of Economic Research, where he invoked the usage of government-developed “economic indicators” (statistics about the economy). Some thought that productivity was at an end, but government-supported technological innovation spurred productivity to new heights. He then became a consultant in the Washington, D.C., area and ran unsuccessfully for the Senate, from Maryland, in 1994. Founder and President of the Information Technology and Innovation Foundation (ITIF), a policy think tank. from The College of Wooster and Ph.D. in Economics from the University of Michigan. from the Massachusetts Institute of Technology and M.A. He has written extensively on issues related to monetary policy and its implementation by the Federal Reserve, and his work has been published in volumes issued by the Federal Reserve System, the Bank of England, the Reserve Bank of Australia, the Bank of Japan, the Bank of Korea, the National Bureau of Economic Research, and the Brookings Institution. Social scientist expert on the welfare state and key player in the creation of New Deal and Great Society programs. He also held several positions in the Board’s Division of Research and Statistics, including Associate Director and Chief of Capital Markets. Economics USA: Labor and Management Video Transcript Award-winning journalist and expert in the area of pollution and the environment. During the Depression he served in the Treasury Department, the Securities and Exchange Commission, and the Commerce Department. Dr. Blinder received his B.A. from New York University, and M.P.P. He received the National Medal of Technology and was inducted into the Operational Research Hall of Fame. The debate on just how much the government should produce is highlighted in these stories. She is a frequent speaker on topics affecting the financial services industry. The goal of this series is to make learning economics interesting and enjoyable. As Merck’s Vice President for Global Health Policy, he directed U.S. policy and represented Merck before Congress, the Administration, and the media. After 1933, President Franklin D. Roosevelt sought to improve the conditions of farmers via policies in his New Deal plan. In 1932 President Herbert Hoover spoke enthusiastically about financial recovery while John Maynard Keynes expressed doubts. Government subsidies later allowed for corporate ownership of a majority of farmers. He was Executive Vice President at the Harris Trust and Savings Bank of Chicago and a consultant to Congressional committees and government agencies, including four years as Under Secretary of the Treasury for Monetary Affairs. Behravesh regularly appears on national radio and television programs, including BBC World Business Report, NBC Nightly News, CNN Headline News, The PBS News Hour, Fox News, CNBC, Bloomberg TV and Radio, and All Things Considered and Market Place on National Public Radio. Professor of Business Administration and Public Policy at the University of Michigan since 1992, and Senior Staff Economist to the Council of Economic Advisers, 1970–1971. In 1984, Congress bailed out the Chrysler Auto company after Chairman Lee Iaccoca and Douglas Fraser, chief of the United Auto Workers, came to an agreement. 21. President of Henry Kaufman & Company Inc., which specializes in financial and economic counseling as well as investment management. Dr. Friedman received his B.A. I also post videos to best guide exam technique to aid revision for those all important exams, all for the benefit of students; enjoy! Dr. Schlesinger received his B.A., M.A., and Ph.D. in Economics at Harvard University. After his election in 1972, Richard Nixon ordered a 90-day nationwide price and wage freeze after the Federal Reserve failed to curb inflation. He has been Vice President of the American Economic Association and President of the Association of Public Policy and Management. A two-year drought in California in the 1970s motivated areas such as Marin County to conserve by reducing their water consumption by as much as 66 percent. Mr. Riedl received his B.A. Private Investor, owner of Schultz Investments, Vice Chairman of the Board of Governors of the Federal Reserve System, 1979–1982, and member of the Florida House of Representatives, 1963–1970. He is famous for inventing the “Laffer Curve,” deemed by Time magazine “one of the few advances that powered this extraordinary century.” He has taught at Pepperdine University, the University of Southern California, and the University of Chicago. and Ph.D. in Economics from Northwestern University. Economics is widely studied around the world as researchers seek to better understand the impact of certain policies on the economy. U.S. He helped draft many New Deal initiatives, including the National Industrial Recovery Act, the Social Security Act, and the National Labor Relations Act. He served in the federal government for almost 30 years, in posts that included President of the Federal Reserve Bank of New York and U.S. Treasury Under Secretary for Monetary Affairs, where he developed and implemented Treasury debt management and federal credit policies. The Economy. Debate over the North American Free Trade Agreement (NAFTA) included accusations that American jobs would suffer and American firms would relocate south of the border. In the new century, printing and publishing company Printpod, Inc. avoided increasing domestic labor expenses by tapping into the workforce in India. He held a brief stint as a television reporter before returning to print, founding the critically acclaimed Boston Observer. The study of economics is built on the foundation of three very important concepts: scarcity, choice, and opportunity cost. Economics USA: Perfect Competition/Inelastic Demand Audio Transcript, Unit 5 Computer engineer and Co-Founder of Apple Computer, Inc., where his inventions and machines contributed significantly to the personal computer revolution of the 1970s; he created the Apple I and Apple II computers. He has authored and co-authored 17 books and is a regular columnist for the Wall Street Journal. from Harvard Law School, and he did graduate work in economics at Columbia University. He is President of DHE Consulting, LLC, and has served as Director of the Maurice R. Greenberg Center for Geoeconomic Studies and the Paul A. Volcker Chair in International Economics at the Council on Foreign Relations, as well as a senior visiting fellow at the Peterson Institute for International Economics. Rising labor and energy costs in the United States in the ’60s and ’70s forced domestic steel manufacturer NUCOR to find ways to lower production costs. Managing Director and founding partner of De la Calle, Madrazo, Mancera, S.C. (CMM), specializing in international trade. He also served as Chairman of the Board of Barnett Investment Services, Inc., and as a Director of a number of private companies and banks, including Transco Energy Company, the American Heritage Life Insurance Co., Riverside Group, Inc., Family Steak Houses of Florida and Southeast Atlantic Corp, Wickes, Inc., and Barnett Banks, Inc. Mr. Schultz received his B.A. This video explains the concept of equilibrium. His solution to the problems of inflation and short-run fluctuations in employment and real GNP was a so-called money-supply rule, which stated that if the Federal Reserve Board were required to increase the money supply at the same rate as real GNP increased, inflation would disappear. He has conducted ground-breaking research on technology and innovation, is a valued adviser to state and national policy makers, and is a popular speaker on innovation policy. Mr. Weil received his B.A. Earlier, he was a Senior Fellow at the Center for Advanced Studies in Management at the Wharton School, President, and Senior Economic Consultant at the Committee for Economic Development, and Vice President of the Federal Reserve Bank, Chicago. After the Great Depression President Franklin D. Roosevelt put forth a social security program, using money from employer/employee wages. Economics USA: Pollution and the Environment Audio Transcript, Unit 9 While many of his efforts have been extolled, he has also shouldered criticism for the economy’s slow recovery from the Great Recession of 2008. Economic Growth Pioneer in the development of the U.S. National Income and Product Accounts, with an international reputation as the originator of “growth accounting,” the identification and quantification of the sources of growth in real national income/product. Gross Domestic Product from Williams College and a Ph.D. in Economics from the University of Chicago. Financial Analyst and First Vice President at Merrill Lynch and Company, specializing in the textiles and the apparel industry. How much profit do they get in return? Perfect Competition & Inelastic Demand 26. Dr. Doms received his B.A. Mr. Cohen received his B.A. Pollution & the Environment He began as a research assistant during the drafting of the Social Security Act and rose to become Director of the Bureau of Research and Statistics in charge of program development and legislative coordination with Congress for the Social Security Board. He has taught economics at the University of Maryland and at Indiana University. He worked at the Federal Communications Commission (FCC) at several intervals from 1949 until 1973, serving as General Counsel and then as Assistant to FCC Chairman Dean Burch. Union advocate, organizer in the International Ladies’ Garment Workers’ Union (ILGWU), and author who wrote about that union’s history. from Tufts University, and Ph.D. in Economics from Columbia University. His published works include American Vistas, Cities in American History, and Crabgrass Frontier: The Suburbanization of the United States.Dr. His academic achievements and on-stage talent led to his becoming the economic analyst for Economics U$A in the original and updated versions of the series, currently revised as Economics U$A: 21st Century Edition. Member of President Dwight D. Eisenhower’s Council of Economic Advisers, 1959–1961, and a Governor of the Federal Reserve System, 1974–1986. In 2008, he studied press coverage of climate change issues at Harvard’s Kennedy School of Government and has written about climate change politics for Time, Slate, Bloomberg News, and other publications. In response to 9/11, the U.S. Transportation and Security Administration replaced private security firms with federal employees. Born on a … He was author of A History of the Emergency Farm Labor Supply Program, 1943–47. This video from the Explore Economics series helps kids understand that people are both consumers and producers. From 1974 to 1984, he was the A. Willis Robertson Professor of Economics at the University of Virginia, where he formulated “Herbert Stein’s Law”; this stated, “If something cannot go on forever, it will stop,” meaning that if a trend cannot go on forever, there is no need for action or a program to make it stop; it will stop of its own accord. A perfectly competitive market does not always provide the right amount of goods, so government fills the gap with public goods. Mr. Sevareid received his B.A. They failed. 27. International Trade In 1933, he attended Keynes’ lectures at Cambridge University, two years before Keynes’ publication of The General Theory of Employment, Interest and Money, the treatise that argued that industrialized economies, then mired in depression, were unlikely to recover on their own but could use government spending and tax cuts to do so. POLITICO's Jeanne Cummings and Mike Allen bring you in-depth interviews with Washington insiders who discuss American jobs, the new budget and the deficit crisis. She has authored several books, many articles in professional journals, and is active in professional associations in foreign affairs and economics. Economics USA: Resources and Scarcity Audio Transcript, Unit 15 from New York University and Ph.D. in Economics from Yale University. from Harvard Law School. from William Penn College and his M.A. Economics USA: Stabilization Policy Audio Transcript During WWII, our national debt had more than quadrupled, so government encouraged citizens to buy war bonds and federal stamps to pay some of it off. Learn about externalities in this video, and how costs and benefits sometimes affect bystanders and discover how taxes and subsidies can be used to "internalize" externalities. productivity) and technological innovation. Dr. Kaufman received his B.A. She is also a member of the Academy of American Ambassadors, the Academy of Diplomacy, and the American Philosophical Society. By 1980, a new group of economists called “supply-siders” were calling for government deregulation to spur productivity, amidst great objections from Democrats and some economic experts. and M.A. In 1914, the federal government was sold on the concept of universal telephone service provided by Ma Bell, a monopoly that was ended by the development of a new technology. He later became a Professor of Economics at Yale University, an economic columnist for Newsweek magazine, and a Senior Consultant for the U.S. Treasury Department. The Federal Reserve 16. Earlier, he was one of the Congressional Budget Office’s first officials, serving as Deputy Assistant Director in 1975. Currently he is the President of the American Action Forum and a Commissioner on the Congressionally-chartered Financial Crisis Inquiry Commission. Economics USA: Federal Deficits Audio Transcript Under Secretary of State for Foreign and Agricultural Affairs, under President Bill Clinton, and United States Ambassador to the United Nations Economic and Social Council, 1980–1981. Dr. Denison received his B.A. In the Summer of 2020, the paper was officially published in The Journal of Economics and Finance Education, which you can read online . Dr. Heilbroner received his B.A. Economics USA: Oligopolies Audio Transcript, Unit 8 A financial institutions investment banker for two decades, principally at J.P. Morgan, he was the founder and principal researcher for the Center on Federal Financial Institutions. With Kodak, he developed pre-press production methods, which allowed national daily newspapers to print in color. Dr. Galbraith received his B.A. Dr. Spero received her B.A. Economics USA: Stabilization Policy Video Transcript, Unit 27 After the war, he became a research fellow, then Norman Thomas Professor of Economics at the New School for Social Research. from the University of Washington and a Ph.D. in Economics from Harvard University. from Washington and Lee University. Mr. Nathan received his B.A. After retiring from politics, he taught at Harvard University’s John F. Kennedy School of Government, serving two years as Director of the Institute of Politics, then returned to Wyoming to practice law. Mr. Elliott received an A.B. from Oberlin College and Ph.D. in Economics from Brown University. Adviser to the federal government during World War II, valued for his expertise in monetary policy. After WWII, he climbed through the UAW ranks, as an international representative, a negotiator during a 104-day strike at Chrysler, and Administrative Assistant to UAW President Walter Reuther. He was also President of the American Economic Association and Member of the Economic Advisory Board at Warburg Pincus LLC. He has many publications and writes a biweekly column for the Mexican daily El Universal. and M.Sci. Owner and President of the Boras Corporation, a sports agency that represents many of the highest-profile players in professional baseball. from The College of Wooster and Ph.D. in Economics from the University of Michigan. He joined the faculty at the Maxwell School of Citizenship and Public Affairs, becoming Chair of the Department of Economics, 1997–2001. In the 1990s the U.S. had three ways to ease inflation: Technological innovation, market globalization, and expenditure restraint. Others insisted that increased trade would create new American jobs and industries. Prior to 1946, he worked at the National Bureau of Economic Research, where he compiled centralized data that led to the 1926 publication of Business Annals, a book of economic statistics for 17 countries dating back to 1890. Principal Economist for the U.S. Treasury, 1940–1946, during which time he also served as Assistant Director of the Monetary Research Division and Assistant to the Secretary of the U.S. Treasury Department. In 2010, he was declared Central Bank Governor of the Year by Euromoney magazine. From 1944 to 1973, he was also a professor at Columbia University/Barnard College. Why Study Economics? Chairman of the U.S. Council of Economic Advisers under President Ronald Reagan and author or co-author of many articles and books that discuss the effects of monetary policy on financial markets and the economy. in Public Affairs from Princeton University. Dr. Holland attended college in Kansas City and received his Ph.D. in Economics. | from Georgetown University and J.D. In 1996 President Bill Clinton signed the Welfare Reform Act, providing childcare assistance for mothers in the work force. In the early 1980s, he was among the first to see the commercial potential of the mouse-driven graphical user interface, which led to the creation of the Macintosh computer. His books include: Ronald Reagan: The Power of Conviction and the Success of His Presidency; Competitive Equity: A Better Way to Organize Mutual Funds; Privatizing Fannie Mae, Freddie Mac and the Federal Home Loan Banks; The GAAP Gap: Corporate Disclosure in the Internet Age; and Optional Federal Chartering and Regulation of Insurance Companies. Linked from the description … This 21st Century Edition, released in 2011, highlights major developments in economics, both nationally and globally, showing, for example, how the Great Recession of 2008 has caused experts to consider the need to deconstruct previously ironclad economic concepts to make way for new lines of inquiry. Author. Video courtesy of the American Economic Association . Keep reading to learn how to best utilize these clips in the classroom or click on the button below to browse and search our full catalog of clips. Secretary of Defense under Presidents Richard Nixon and Gerald Ford, and the first U.S. Secretary of Energy, under President Jimmy Carter. 3. Chairman of the Board of Governors of the Federal Reserve System, 1979–1987, credited with leadership in ending a period of high and rising inflation and restoring a base for sustained growth. This site streams free videos from a range of thinkers, activists, and academics. Dr. Crandall received his M.S. Vice-Chairman of the Board of Governors of the Federal Reserve System, 2006–2010, and Member of the Board of Governors, 2002–2008. A leader in the U.S. trade union movement, where he rose to the highest ranks of the United Auto Workers (UAW). Telecommunications attorney and law professor specializing in United States communications policy-making and regulation. Senior Fellow at the Brookings Institution and Member of President Barack Obama’s 2010 Federal Debt Commission, known for her expertise on fiscal and monetary policy. These stories show how labor unions and corporate managers battle to affect the supply of labor, wages, and prices. The need to mobilize resources overseas quickly was palpable. She has also authored many articles in publications such as American Banker, Bankers Magazine, and International Economy, as well as general-interest media like the New York Times and the Wall Street Journal. Please note that the video series covers both micro and macroeconomic topics. Dr. Kohn received his B.A. The Banking System Resources and Scarcity In 1890, the Sherman Anti-Trust Act broke up the monopoly that John D. Rockefeller and his company, Standard Oil, had on the oil industry. Economics U$A: 21st Century Edition. from the University of Wisconsin and his M.A. 6. The Knickerbocker Bank’s failure led to the Bank Panic of 1907, and ultimately inspired a need for a central bank. Subsequently, he was acting Director of the Federal Bureau of Investigation and Deputy Attorney General of the United States, and he served a second term as EPA Administrator, 1983-1985. Chief U.S. RC Sproul, Jr.’s consummate teaching is illustrated with hundreds of fun and interesting clips from old movies, cartoons, and instructional videos. In 1996, she tied for the number one analyst spot in the Textile and Apparel Industry. Economist noted for his work on John Maynard Keynes. from Oberlin College. In July, 1944 world economic leaders met in Bretton Woods, NH for a “new world economic order” and soon the dollar became the new standard. Mr. Stein’s books include The Triangle Fire (about the fire at the Triangle Shirtwaist Company that took the lives of 146 people) and Out of the Sweatshop, a documentary history of the ILGWU. Economist at IHS Global Insight, responsible for overseeing IHS’s macroeconomic forecasts and analyses of the U.S. economy. He later served as Administrator of the National Telecommunications and Information Administration during the Carter presidency. from Harvard Law School. He is the author of more than 300 research articles in economics and a regular contributor to the Wall Street Journal and other publications. from Northwestern Law School. These stories illuminate factors that determine the quantity of goods demanded by consumers and the factors that determine the quantity of goods supplied. He came to Washington in 1941 to work for the National Resources Planning Board and, in 1946, joined the Commerce Department’s Bureau of Economic Analysis. He also worked at the Rand Corporation as Director of Strategic Studies. from the London School of Economics, and Ph.D. from the Massachusetts Institute of Technology. The Bank On movement is designed to improve the financial stability of America’s unbanked and underbanked. Economics USA: Reducing Poverty Audio Transcript from Middlebury College, M.A. from Harvard University. Although GNP was changed to GDP (Gross Domestic Product) in 1991, it still didn’t account for all aspects of economic growth. In 2009, the House of Representatives introduced the first piece of comprehensive clean energy legislation, known as the American Clean Energy and Security Act, which both economists and energy providers could support. There is No Such Thing as a Free Lunch This 28-part series, accompanied by a textbook, faculty guide, student guide, and audiocassettes, offered distance learners an opportunity to gain college credit for an introductory course in micro and macro economic principles — via television. and M.A. During high school in Cupertino, California, he frequented after-school lectures at the Hewlett-Packard Company in Palo Alto, California, where he was soon hired, and he worked with Steve Wozniak as a summer employee. He now owns and manages a radio station in Rehoboth Beach, Delaware. Before and after government service, he taught at the University of Minnesota where he became Chair of the Department of Economics. He received his B.S. During the war, he was associated with the rubber and chemical branches of the Office of Price Administration. The series covering macro, micro, and international economics features Milton Friedman, Paul Samuelson, John Kenneth Galbraith, Alice Rivlin, and Ben Bernanke, among others. Through the use of interviews, commentary and analysis, this series established a clear relationship between abstract economic principles and concrete human experiences.”, Skaneateles-Marcellus Pennysaver, Skaneateles, NY Later, he became Co-Director of UAW Region 1A, Member-at-Large of the international UAW Board of Directors, Director of the UAW’s Chrysler, Skilled Trades and Technical Office and Professional Departments, and Vice-President of the UAW. Generally considered a liberal Democrat, his strong advocacy of deregulation stemmed from his economist’s understanding of marginal-cost theory. from U.C.L.A. Pulitzer Prize-winning journalist and business and economics columnist for the Washington Post, cited for “his insightful columns that explore the nation’s complex economic ills with masterful clarity.” Earlier, he worked for two newspapers in New Hampshire, then joined U.S. Boom and Bust He has written extensively on issues related to monetary policy and its implementation by the Federal Reserve; his work has been published in volumes issued by the Federal Reserve System, the Bank of England, the Reserve Bank of Australia, the Bank of Japan, the Bank of Korea, the National Bureau of Economic Research, and the Brookings Institution. Topics include the definition of economics, microeconomics, and macroeconomics as a field and the role of assumptions in economic decisionmaking. from the Yale Law School. from New York University. In the late 1970s, Jobs, in association with Apple Co-Founder Steve Wozniak, Mike Markkula, and others, designed, developed, and marketed one of the first commercially successful lines of personal computers, the Apple II series. Earlier, as General Counsel of the U.S. Treasury Department, he had a significant role in developing proposals for the deregulation of the financial services industry. Economics USA: Economic Growth Video Transcript It covers films that are principally about issues that fall under the banner of economics, e.g., the stock market, business, corporations, etc. Chairman of President Richard Nixon’s Council of Economic Advisers (CEA), now the Edmund Ezra Day Distinguished University Professor Emeritus of Business Administration, Economics, and Public Policy at the University of Michigan. The Great Depression and the Keynsian Revolution He has also appeared on CNN, CNBC, Fox News Channel, and Voice of America. Dr. Kahn received his B.A. He develops strategies affecting health-care providers and insurers, pharmaceuticals, consumers, and U.S. healthcare initiatives, as well as federal and state development and implementation of communication and advocacy efforts. Dr. Holtz-Eakin received his B.A. Previously, he spent 14 years on the staff of the House Ways and Means Human Resources Subcommittee, as Welfare Counsel and Staff Director. Partner/Publisher at PrintPOD Inc., which uses the Internet and print-on-demand distribution to further the development of desktop publishing. He also served as Executive Secretary of the National Foreign Investment Commission, Trade and NAFTA Minister at the Mexican Embassy in Washington, D.C., and Country Economist for the Czech and Slovak Republics and Poland. Explore economic history, theory, and practice through case studies and interviews with Nobel-prize winning and major economists. He also serves as content director for the series as well as co-author of the telecourse textbook, Economics U$A. Economics USA: Supply and Demand Video Transcript, Economics USA: Supply and Demand Audio Transcript, Economics USA: Perfect Competition/Inelastic Demand Video Transcript, Economics USA: Perfect Competition/Inelastic Demand Audio Transcript, Economics USA: Economic Efficiency Video Transcript, Economics USA: Economic Efficiency Audio Transcript, Economics USA: Oligopolies Video Transcript, Economics USA: Oligopolies Audio Transcript, Economics USA: Pollution and the Environment Video Transcript, Economics USA: Pollution and the Environment Audio Transcript, Economics USA: Labor and Management Video Transcript, Economics USA: Labor and Management Audio Transcript, Economics USA: Labor and Management Supplemental Audio Transcript, Economics USA: Profits and Interest Video Transcript, Economics USA: Profits and Interest Audio Transcript, Economics USA: Reducing Poverty Video Transcript, Economics USA: Reducing Poverty Audio Transcript, Economics USA: Reducing Poverty Supplemental Audio Transcript, Economics USA: Economic Growth Video Transcript, Economics USA: Economic Growth Audio Transcript, Economics USA: Public Goods and Responsibility Video Transcript, Economics USA: Public Goods and Responsibility Audio Transcript, Economics USA: Resources and Scarcity Video Transcript, Economics USA: Resources and Scarcity Audio Transcript, Economics USA: Boom and Bust Video Transcript, Economics USA: Boom and Bust Audio Transcript, Economics USA: The Great Depression and the Keynesian Revolution Video Transcript, Economics USA: The Great Depression and the Keynesian Revolution Audio Transcript, Economics USA: Fiscal Policy Video Transcript, Economics USA: Fiscal Policy Audio Transcript, Economics USA: Fiscal Policy Supplemental Audio Transcript, Economics USA: Inflation Video Transcript, Economics USA: Inflation Audio Transcript, Economics USA: The Banking System Video Transcript, Economics USA: The Banking System Audio Transcript, Economics USA: The Banking System Supplemental Audio Transcript, Economics USA: The Federal Reserve Video Transcript, Economics USA: The Federal Reserve Audio Transcript, Economics USA: Stagflation Video Transcript, Economics USA: Stagflation Audio Transcript, Economics USA: Productivity Video Transcript, Economics USA: Productivity Audio Transcript, Economics USA: Federal Deficits Video Transcript, Economics USA: Federal Deficits Audio Transcript, Economics USA: Federal Deficits Supplemental Audio Transcript, Economics USA: Monetary Policy Audio Transcript, Economics USA: Monetary Policy Supplemental Audio Transcript, Economics USA: Monetary Policy Video Transcript, Economics USA: Stabilization Policy Audio Transcript, Economics USA: Stabilization Policy Video Transcript, Economics USA: International Trade Audio Transcript, Economics USA: International Trade Supplemental Audio Transcript, Economics USA: International Trade Video Transcript, Economics USA: Exchange Rates Audio Transcript, Economics USA: Exchange Rates Video Transcript. Reducing Poverty 14. Economist and lawyer, renowned for his work during the Depression and World War II and for his ability to explain complex economic theories in plain language. After 1970, Los Angeles was looking for a broad-ranging smog-reduction policy to reflect recently amended Clean Air Act standards. 1970s America saw a new kind of inflation, based on supply and not demand: “stagflation,” caused by Arab oil embargoes and worldwide crop failures. Because I want to understand how the world works.Economics, sometimes referred to as the queen of social sciences, is all about choice and is at the heart of all decision-making. Teacher response to the series has been overwhelmingly positive.”, “We have been delighted with the success we have achieved with the series, and I commend the Annenberg/CPB Project for developing and offering such a high quality, educationally sound film series.”, Marlboro Herald-Advocate, Bennetsville, SC A comprehensive video tutorial series covering all the major Year 1/AS Macroeconomics content including useful tips regarding analysis and evaluation Microeconomics - Year 2 A Level and IB A run through some of the most difficult to grasp A2 microeconomics material. from Princeton University. Economic Naturalist videos (right) bring economics to life by showing interesting applications of economic concepts. | Interested in using our He has taught economics at Northwestern University, MIT, the University of Maryland, and George Washington University, and at the Stanford in Washington program. Formerly, he was Development Director at the Daily Mirror in London and a partner in Colour Workshop, producing illustrated book content in color. Before joining Heritage, he worked for former Wisconsin Governor Tommy Thompson, former Representative Mark Green (R-WI), and the Speaker of the Wisconsin Assembly. versión español He was a Keynesian who promoted cuts in the marginal federal income tax rates, which were passed by President Johnson and Congress after Kennedy’s death and credited for boosting the economy.

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