Videos

 

 

Statistics

 

Random Variables and Probability Distributions

 

     Estimating Probabilities Using the Normal Distributions

 

     Using the Normal Distribution to Locate the Stochastic Variable

 

     Estimating Probabilities Using the t-Distribution

 

     Determining From Which Distribution an Observation Likely Came

 

     The Central Limit Theorem

 

Confidence Intervals for Observations

 

     Confidence Intervals for Means

 

     Confidence Intervals for Proportions

 

     Confidence Intervals for a Difference in Means

 

     Confidence Intervals for a Difference in Proportions

 

Hypothesis Tests

 

     Hypothesis Test for a Mean

 

     Hypothesis Test for a Proportion

 

     Hypothesis Test for a Variance

 

     Hypothesis Test for a Difference in Means

 

     Hypothesis Test for a Difference in Proportions

 

 

 

Microeconomic Theory

 

Supply and Demand in Overview

 

         Supply and Demand in Detail: Complements and Substitutes

 

         Equilibrium

 

         Market Dynamics

 

         Elasticities

 

                Price elasticity

 

                Income elasticity

 

                Cross elasticity

 

Consumer Choice

 

         Optimal Consumption Combination

 

         Indifference and Utility

 

         Budget Constraint

 

         Deriving Demand

 

Producer Choice

 

         The Stages of Production

 

         Total, Average, and Marginal Product

 

         Short Run and Long Run Costs

 

         Total, Variable, Fixed, Average, and Marginal Costs

 

         Profit Maximization Output

 

         Optimal Input Combination

 

         Producer Choice for Price Setters and Price Takers

 

Industry Structure: Competition to Monopoly

 

         Market Demand versus Firm Demand

 

         Pricing for Price Takers versus Price Setters

 

         Price Discrimination

 

         What Are Natural and Artificial Monopolies?

 

                Monopoly: Profit Maximization and Efficiency

 

         What is Perfect Competition?

 

                Perfect Competition: Profit Maximization and Efficiency

 

         What Are Oligopolies and Cartels?

 

                Oligopoly: Profit Maximization Efficiency

 

         What Is Monopolistic Competition?

 

Consumer and Producer Surplus

 

         Taxes and Markets

 

         Price Controls

 

         The Minimum Wage

 

         Trade

 

Public Goods and Common Resources

 

         Banning Smoking

 

         Tragedy of the Commons

 

         Tragedy of the Commons Experiment

 

         Externalities

 

         Externalities: Marginal Social Benefit and Marginal Social Cost

 

 

 

Macroeconomic Topics

 

  What happens when we tax corporations?

 

   Taxes and Incentives

 

   Historical Tax Rates versus Historical Tax Revenue

 

   Average Tax Rates versus Marginal Tax Rates

 

   Taxes, Welfare, and the Poverty Trap

 

   Who Pays the Most Taxes?

 

   Taxes and Transfers

 

 

 

Policy Topics

 

   Minimum Wage Debate (RealNews)

 

   Bank Bailouts, Social Security, and National Debt (The BlazeTV)

 

   The Economics of Zombies

 

   The Case for Tax Simplification

 

   America’s Economic Outlook (The BlazeTV)

 

   Rage Against the Wage (Al Jazeera)

 

   Budget Deficit to Drop? (The BlazeTV)

 

   Government Now the Biggest Lender (The BlazeTV)

 

   The Failure of Progressive Economics (The BlazeTV)

 

   Kosmos Interview

 

   What’s So Great About Economic Freedom?

 

   Working With Big Government (The BlazeTV)

 

   The Trillion Dollar Coin (The BlazeTV)

 

   Why Cut Spending?

 

   Why Not Raise Taxes?

 

   Will Raising Taxes Balance the Budget?

 

   Defining Personhood (Huff Post Live)

 

   What Can We Cut to Balance the Budget?

 

   Does Stimulus Spending Work 2?

 

   Would Taxing the Rich Fix the Deficit?

 

   The Student Loan Crisis

 

   Are Low Interest Rates Good?

 

   Social Security versus Private Retirement

 

   Does Government Have a Revenue or a Spending Problem?

 

   Will Higher Tax Rates Balance the Budget?

 

   Does the Minimum Wage Hurt Workers?

 

   Why Not Print More Money?

 

   Robbing the Future with Budget Deficits

 

   Funding Government by the Minute

 

   What if the Federal Debt Were Yours?

 

   If Government Ordered Your Lunch, What Would You Get?

 

   What Are the Dangers of Too Much Debt?

 

   Does Government Spending Create Economic Growth?

 

   How Big is the US Debt?

 

   Does Stimulus Spending Work 1?

 

   Liberalism, Conservatism, and Freedom

 

   Unintended Consequences of Price Controls

 

   Markets: Exploitation or Empowerment?

 

   Social Security versus Private Accounts

 

   The Economics of Higher Education (House of Representatives)

 

   The Economics of High-Skilled Immigration (House of Representatives)

 

   The Impact of Immigration on Jobs and Income

 

   What Does the Rising Cost of Health Care Buy Us?

 

   Can We Balance the Budget by Raising Taxes?

 

   How Many People Are Uninsured?

 

   Is Social Security Bankrupt?

 

   The Laws of Economics

 

   Kosmos Interview

 

   The Budget Shortfall (NightTalk PCNC)

 

   Testimony on Alcohol Privatization

 

   The Tragedy of the Commons (set to dance)

 

 

Audio

 

   Taxes, Deficits, Debt, and Gimmicks (accompanying slides)

 

   What Are Tax Gimmicks?

 

   How Much Debt is Too Much (The American Entrepreneur)

 

   The Government Shutdown (The Think Tank, WWL New Orleans)

 

   The Budget Deficit and Federal Debt (Late Nights with Jim Bohannon)

 

   The One Question Everyone’s Afraid to Ask (The American Entrepreneur)

 

   Privatizing Alcohol Sales in the States

 

   Stimulus Spending Doesn’t Work (Wisconsin Public Radio)

 

   Trade Improves Wages and Reduces Unemployment

 

   Questions About the Estate Tax

 

   The Estate Tax Hurts Small Business

 

   The Value of a College Degree Rises Faster than Tuition

 

   High Skilled Immigration is Good for the Economy

 

   Raising Taxes Won’t Balance State Budgets

 

   More Trade Means Less Poverty (House of Representatives)

 

   All Countries Benefit From Globalization (House of Representatives)

 

   An MBA is Worth Around $500,000

 

Videos