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Market Power
Registrace 12. 12. 2018
Market Power is creating a community of people interested in and excited about economics. We look at the power of markets and economics to shape our world so that you can understand choices and consequences, which will allow you to make meaningful change in your community and your personal life. In the words of Alfred Marshall: “The two great forming agencies of the world’s history have been the religious and the economic.”
www.craigpalsson.com
This channel participates in the Amazon Affiliates program and sometimes posts affiliate links in video descriptions.
www.craigpalsson.com
This channel participates in the Amazon Affiliates program and sometimes posts affiliate links in video descriptions.
Economist Roasts Harry Potter and the Sorcerer's Stone
📰 Better than the Daily Prophet: marketpower.substack.com/p/market-power-newsletter
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📽️ Watch these next
✅ The Harry Potter Finale Cost This Company $125,000
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✅ The Truth About Harry Potter World Tickets
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✅ The Author Changing the Economics of Book Publishing
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✅ Do THIS To Find Good Economics Books
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03:25 When in doubt...
05:50 The Wizarding World
08:37 Wizarding Money
20:23 The Gringotts Monopoly
32:36 Ollivanders, Prices, and Income
39:07 Hogwarts Express
40:09 House Points
43:51 Dueling Contract
48:13 The Cost of Magic
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The Book of Mormon has changed my life, and I'd like to offer you a free copy: www.churchofjesuschrist.org/comeuntochrist/requests/free-book-of-mormon
-----------------------------
📽️ Watch these next
✅ The Harry Potter Finale Cost This Company $125,000
czcams.com/video/qdJErptsdDU/video.html
✅ The Truth About Harry Potter World Tickets
czcams.com/video/yhYtSeaR5T0/video.html
✅ The Author Changing the Economics of Book Publishing
czcams.com/video/AWRuCA_N0Ns/video.html
✅ Do THIS To Find Good Economics Books
czcams.com/video/W4ffkvzQexc/video.html
-----------------------------
03:25 When in doubt...
05:50 The Wizarding World
08:37 Wizarding Money
20:23 The Gringotts Monopoly
32:36 Ollivanders, Prices, and Income
39:07 Hogwarts Express
40:09 House Points
43:51 Dueling Contract
48:13 The Cost of Magic
-----------------------------
The Book of Mormon has changed my life, and I'd like to offer you a free copy: www.churchofjesuschrist.org/comeuntochrist/requests/free-book-of-mormon
zhlédnutí: 1 044
Video
The Author Changing the Economics of Book Publishing
zhlédnutí 1,4KPřed 4 měsíci
📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter Brandon Sanderson has raised millions of dollars through his crowd funding campaigns on Kickstarter and Backerkit. See how else he's changing the publishing industry. 📽️ Watch these next ✅ The Origin of Dragonsteel czcams.com/video/GmTEBZZXL6w/video.html ✅ Real Economist Reacts to 2024's Bigges...
Economist Reacts to 2024's Most Contrarian Productivity Book
zhlédnutí 1,3KPřed 4 měsíci
📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter Reviewing Cal Newport's newest book, Slow Productivity. 📽️ Watch these next ✅ Real Economist Reacts to 2024's Biggest Productivity Book czcams.com/video/Qpv-fWiFiuQ/video.html ✅ 4 Books that Made Me a Better Economist in 2023 czcams.com/video/SkEbMKAfTvQ/video.html ✅ Do THIS To Find Good Econom...
Economist gets as far from MrBeast as possible
zhlédnutí 960Před 5 měsíci
📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter 📽️ Watch these next ✅ Bribing Star Wars Fans to See CATS czcams.com/video/CB_p-A5HgYI/video.html ✅ Did MrBeast Break Game Theory? Economist Reacts czcams.com/video/UP12O0tE_9M/video.html ✅ Economist Reacts to MatPat's FINAL Theory! czcams.com/video/kuIhS7GzYbI/video.html The Book of Mormon has ...
Economist Reacts to MatPat's FINAL Theory!
zhlédnutí 2KPřed 5 měsíci
📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter 📽️ Watch these next ✅ Watch MatPat's full video here: czcams.com/video/dgxPlUgIqSA/video.html ✅ Did MrBeast Break Game Theory? Economist Reacts czcams.com/video/UP12O0tE_9M/video.html The Book of Mormon has changed my life, and I'd like to offer you a free copy: www.churchofjesuschrist.org/come...
Economist Confronts 400 Environmentalists
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📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter 📽️ Watch these next ✅ The full conference on sustainable economic growth and degrowth czcams.com/video/Dc833vERXvo/video.html ✅ This Book Changed How I See The Future czcams.com/video/tqaRTz3Qrdw/video.html The Book of Mormon has changed my life, and I'd like to offer you a free copy: www.churc...
This Book Changed How I See The Future
zhlédnutí 980Před 6 měsíci
📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter 📽️ Watch these next 📗 Real Economist Reacts to 2024's Biggest Productivity Book czcams.com/video/Qpv-fWiFiuQ/video.html 📘 4 Books that Made Me a Better Economist in 2023 czcams.com/video/SkEbMKAfTvQ/video.html The Book of Mormon has changed my life, and I'd like to offer you a free copy: www.ch...
Did MrBeast Break Economics? Economist Reacts
zhlédnutí 1,8KPřed 7 měsíci
📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter Did MrBeast's video on being trapped for 100 days with a stranger break classic game theory? Watch his video here: czcams.com/video/9RhWXPcKBI8/video.html 📽️ Watch these next ✅ Master Economics by Watching ONE PIECE with a Real Economist czcams.com/video/s62nHxHzkz8/video.html ✅ Economist Expla...
Real Economist Reacts to 2024's Biggest Productivity Book
zhlédnutí 25KPřed 7 měsíci
📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter We finally have Ali Abdaal's Feel-Good Productivity. How is it? 📽️ Watch these next ✅ Economist Reacts to 2024's Most Contrarian Productivity Book czcams.com/video/cMNGFx7FzRc/video.html ✅ 4 Books that Made Me a Better Economist in 2023 czcams.com/video/SkEbMKAfTvQ/video.html ✅ Do THIS To Find ...
4 Books that Made Me a Better Economist in 2023
zhlédnutí 5KPřed 8 měsíci
📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter ✅ Get a FREE worksheet for applying to graduate school: marketpower.substack.com/p/gradschool-masterclass Free copy of Universal Economics: oll.libertyfund.org/title/universal-economics 📰 Brian Albrecht's Economic Forces Newsletter: www.economicforces.xyz?r=3vsr7 📺David Perell's How I Write: @...
Master Economics by Watching ONE PIECE with a Real Economist
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📰 This channel is supported by my free newsletter: marketpower.substack.com/p/market-power-newsletter #economics 📽️ Watch these next ✅ Economist Reacts to Captain America and the Winter Soldier czcams.com/video/Bll8MejEA5c/video.html ✅ Economist Explains the Joker (Dark Knight Game Theory) czcams.com/video/P7Mh-R0eSDA/video.html The Book of Mormon has changed my life, and I'd like to offer you ...
Yale PhD Reveals Best Strategies for Applying to Grad School
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✅ Get the course and the FREE worksheet: marketpower.substack.com/p/gradschool-masterclass 📽️ Watch these next ✅ Should you do a PhD? PhD in Economics at Yale czcams.com/video/_m3x9kIYcGY/video.html ✅ How I Got Into Yale's Graduate School czcams.com/video/XXlBPsaQa1Q/video.html The Book of Mormon has changed my life, and I'd like to offer you a free copy: www.churchofjesuschrist.org/comeuntochr...
What Top Economics Students Do (That You Don't!)
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📰 Help fight deadweight loss with my free newsletter: marketpower.substack.com/ 📽️ Watch these next ✅ Stop Trying To Understand Economics. Do THIS Instead czcams.com/video/P_SU7vxd3es/video.html ✅Do THIS If You Love Economics But HATE Math czcams.com/video/6z2T2Mu1tgc/video.html The Book of Mormon has changed my life, and I'd like to offer you a free copy: www.churchofjesuschrist.org/comeuntoch...
Stop Trying To Understand Economics. Do THIS Instead
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✅Get my FREE grad school application worksheet: marketpower.substack.com/p/gradschool-masterclass 📰 Get unique economic insights right in your inbox: marketpower.substack.com/ Economics is hard. But there's a simple technique you can use to 10x your learning. 📽️ Watch these next ✅ Do THIS To Find Good Economics Books czcams.com/video/W4ffkvzQexc/video.html ✅Do THIS If You Love Economics But HAT...
Do THIS If You Love Economics But HATE Math
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Do THIS If You Love Economics But HATE Math
Why Twitter's new logo has a special meaning for Economists
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Why Twitter's new logo has a special meaning for Economists
Why Yale Students Are Betting Big on Economics
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Why Yale Students Are Betting Big on Economics
Economists Find Lost Cities Using This Simple Idea
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Economists Find Lost Cities Using This Simple Idea
Economist takes stupidest bet on inflation
zhlédnutí 1,7KPřed rokem
Economist takes stupidest bet on inflation
POV: You just told someone you're majoring in economics
zhlédnutí 7KPřed rokem
POV: You just told someone you're majoring in economics
This Book Will Change How You See American History
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This Book Will Change How You See American History
How I'm Using AI To Become a Better Economist
zhlédnutí 8KPřed rokem
How I'm Using AI To Become a Better Economist
Every Economics Professor When There's a Crisis
zhlédnutí 2,8KPřed rokem
Every Economics Professor When There's a Crisis
How Economists Can 100x Education in Poor Countries
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How Economists Can 100x Education in Poor Countries
This Tech Made Me a Better Economist for 2023
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This Tech Made Me a Better Economist for 2023
These Books Made Me a Better Economist for 2023
zhlédnutí 8KPřed rokem
These Books Made Me a Better Economist for 2023
Economists Hate Gifts...Here's Why I Bought One Anyway
zhlédnutí 2KPřed rokem
Economists Hate Gifts...Here's Why I Bought One Anyway
How a Simple Equation in 1986 Saved Disney
zhlédnutí 1,5KPřed rokem
How a Simple Equation in 1986 Saved Disney
Wonderful editing work.
This guy is trash
After watching this, I want to start my degree again😭
Ha..ha.. Liked the way you dumped the most authentic critique of the stream of economics you talk of ie capitalist economy...into Tier F. Not unexpected. Marxist economics should be a major part of Political Economy, Economic History and Labour Economics...if justice is to be done. Remember Historical Materialism.
The guy is wrong, everyone should absolutely read the wealth of nations. It gives you a basic understanding of economics, of course the world has gotten a lot more complex, with the much more complex banking system, luxury goods that no one needs but everyone want and where the price function doesn’t apply, but the idea at the wealth of nations lies in freeing up labour capacity is still absolutely valid.
Why his pupils are so dilated?
Sharing the Prize, a left wing take on economics focusing on government interventions.
Subsidy is for political gain, give them jobs or work no subsidy
Finance is the most sucessful as it gave us the Black Scholes Model, the EMH and many other concepts that explain financial markets reasonably well. Folowed by Industrial Org/ Micro, as theories of monopolies, oligopolies etc. are useful tools. Econometrics and Econ History ahead of Macro, as Macro is emprical and cant be formalized. Macro has to go in D tier. Marxian as part of Historybof Econ Thought in the B tier. Beahvioral Econ in F tier, as it pointless and completely bias in its setup. All the rest ranks somewhere in the middle. That way you also get close to a normal distribution in rankings. What else?!
Idk. This feels like a clickbait topic. There is no way to avoid math in economics. That is it's curse and it's blessing. You can't have a theory based on your perception of the cosmic energies and star constellations. If you can't test it or prove it then it's worthless.
In general, I agree. But just last week I was in a meeting where a professor said that some universities owe it to their students to offer an economics degree without too much math.
Delete me from ap ,but hard bound.
No "Basic Economics" by Thomas Sowell?
Such valuable secret skills revealed !!! Beyond grateful ✨
What a cool and fresh way, to talk about economic history! This has always been my favourite area as well. Also, I had the luck to visit lessons of Prof. Charles E. Kindelberger back in the day. He opened up the field for me. Many thanks for this channel, keep it up Craig!
I think since economics is less of an actual science reading the classics makes more sense than it does in science
You need to improve ...
Hii! What do you think about Business administration?
What software is used for the graph??
Omg your illustrations are more understandable than my teachers whole ass explanation of elasticity ❤
I was excited to see a Douglas Adams book behind your left shoulder ! ❤
Thanks for this video. This helps me a lot. Keep the good work hermano!!
Thank you for the information.
woawww !!! I feel lucky to find this gem💎
Hi! any school you recommend applying? I`m an international student and I don`t know what to do :(
Hi Market Power, I committed to an econometrics program that is on the “applied” side of graduate school, so I will be earning an M.A., which obviously does not have the real “thesis component” compared to those studying for an M.S. What are your quick thoughts, and does your worksheet/course apply to someone like me? I appreciate the time you will take to review, respond, and assist. Kind Regards,
He is one of those ignorant in the movie
Thank you so much. I found development economics one of the most interesting topics in economics. Making people’s lives better, yeah, and that’s an important reason why we study economics.
I love how you picked both the S and A tiers, but I will fight tooth and nail for everything you put in those C and D tiers 😭 I like how their uncertainty/vagueness leaves so much room for different possibilities!
I hv phd economics from a prestigious indian university but still no job
If you think that Marxist economics is stuck in the past, look at some courses or online videos by Anwar Shaikh. Btw, most Political Economy classes are based on a Marxian approach.
Why is 'finance' above the theory that coined the term 'capitalism'... noooo 😂
I remembered when I first watched your videos 4 yrs ago to decide whether I should study economics or not, and that time I couldn’t really understand most of the videos. But now that I have finished my bachelor’s degree in economics, it feels funny and indeed I am also grateful because I can understand your video right away, alhamdulillah
Literally .. You enlight me...
Game Theory, should always be S tier. Industrial Organization borrows so heavily from game, same with labor. Pretty much all modern economics has some sort of relation to Game Theory. Industrial Organization is just watered down game with price discrimination and cornout Bertrand Games(precursors of game theory but nonetheless), anti-trust, collusion, horizontal integration, and vertical restraints. also, mathematical economics is straight optimization. Like actual optimization, with multi variate chain rule, cramers rule, optimization with multiple constraints, hessian matrixes all of this lead to advancements in machine learning and optimal control theory. I don’t mean this personally, but it is when that is not acknowledged, people hate on this major. So, no I don’t care for this video and I don’t mean that disrespectfully. Utilty(utils) came from economics, Reinforcement Learning borrows so heavily from economics and everything I just said which lead to massive improvements in deep learning and many forms of engineering. I am not writing a bitter comment to be rude, I am just saying that economics is more broad and more complex.
One little tid bit about econometrics and or statistics. Once I wanted to take a chemistry class and there was one open seat so I showed up to the class ready to be signed on by the instructor and said instructor told me this; Statistics show that people who sign up the day of do not complete the class. I was dismissed and refused. Another time I heard an advisor to an advisor tell me, statistics show that if this class is not taken within the first semester or two, the person does not complete the program. So said student is put into a statistical box and not allowed to pursue her intended education per se. Said student decided on a degree in Philosophy which did put her in a 4.0 status. After pursuits to specific BA's, currently having eliminated all majors that put people in statistical categorical boxes and decided upon economics instead. I feel really good about my choice and if the world is better for me not being a nurse or teacher - so be it, but I at least tried. Viewing these videos enhances my security within the major and it is my belief anyone can contribute to the prosperity of a plate without being deemed heated spinach because at least it is good for the body. Anyway, the point is if you are a statistics person and decide a categorical box is good for a predictive pedestal, then calculate the chances of overcoming a success so the added spice can make a difference. That's all. Usually, when something like this happens it is like ecolalia in repeated redundancy with living by concrete evidence with an improbable future because you wanted to be 100% and we all know that miracles can equate to 200% or better. Do not put people in statistical categorical boxes, please. Not you but those who do. I am looking forward to pursuing economics and those things that build credible equity for possible economic success.
We really need something like Nightshade you can run on a you tube video
Finally an adult talking. Thanks.
Anwar Shaikh's Capitalism: Competition, Conflict, Crises. Any thoughts?
I was expecting like... In jobs ads for business management - manager job Medical student - Doctor and nurse electricity - electrician job Education student - teacher job Tourism - tour and guide job economist - what job??? I get it light bulb and screw and library and but what is the job to screw myself ...... isn't you topic should be focused on job . What kind of job
czcams.com/video/_z8M7oxjvdw/video.htmlsi=yu9aTLSIQ56UsyiL
According to a standard IQ distribution about 16% of the population has an IQ under 85. I suspect this explains persistent poverty more than poverty traps. So the only way we eliminate deep poverty is with some sort of guaranteed minimum income.
You don´t know how much I needed your channel, I´m close to finish my career and I didn´t know what to do
you generate a lot of spit when you talk. I was distracted
3:30 Mao: BLASPHEMY!!!!
The problem between the fixed ratios of the coins is not only it's not in decimal, but also they are prime numbers! The worst choice to make as base for your counting system since they have the least amount of integer divisors 😂
I almost pointed out that they were prime numbers, but I hadn't thought about the difficulty of dividing the coins. Can't split galleons or sickles in half!
@@MarketPowerYT yes hahaha if they had choose 24;36 instead of 17;29 they would have highly composite numbers that would work exactly the other way around in terms of divisibility xD
After 'Harry Potter and International Relations', I now want a 'Harry Potter and the Economy'
Why are you not rich bro😂
What are your thoughts on Austrian economics?
This guy looks like a sober & healthy Jonah Hill
So it's the wizards who are causing the world-wide currency inflation!