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Scope of Public finance NEW
 
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WISDOM COMMERCE CLASSES (UTTAN) are making videos for theory subjects, especially for Mumbai University TYBCOM students and Maharashtra Board SYJC students.
Views: 30649 Hilary Gaurea
Lecture 1: Introduction to Public Finance
 
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أ.محمد عثمان
Views: 7674 iugaza1
Pure theory of public expenditure: structure and growth of public expenditure (ECO)
 
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Subject: Economic Paper: Theory of public finance Module: Pure theory of public expenditure: structure and growth of public expenditure Content Writer: Dr. Maninder Deep Cheema
Views: 8625 Vidya-mitra
Tiebout model and theory of Club (ECO)
 
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Subject : Economic Paper :Theory of Public Finance
Views: 4211 Vidya-mitra
Public Finance in Hindi (Consolidated Fund, Public Account) - Economics Online Lecture #18
 
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Public Finance in Hindi (Consolidated Fund, Public Account) - Economics Online Lecture #18. This Video has Short Description about All Topics in Public Finance and We have Discussed Two Topics in this Videos: 1) What is Public Finance? 2) What is Consolidated Fund? 3) What is Public Account? 4) What is Contingency Fund? Consolidated Fund of India is the most important of all government accounts. Revenues received by the government and expenses made by it, excluding the exceptional items, are part of the Consolidated Fund. This fund was constituted under Article 266 (1) of the Constitution of India. All revenues received by the government by way of direct taxes and indirect taxes, money borrowed and receipts from loans given by the government flow into the Consolidated Fund of India. This fund was constituted under Article 266 (2) of the Constitution. It accounts for flows for those transactions where the government is merely acting as a banker. Follow On Us: ►Website: https://www.DcClasses.com ►Facebook: https://www.facebook.com/dcclassescg ►Twitter: https://twitter.com/dcclasses ►Google Plus: https://plus.google.com/+DCClasses Sponsered Links: ► Latest Offers & Coupons: https://www.goooffer.com ►Download GooOffer App: http://bit.ly/2Dj9Sko Recommended Books:- ► S.N. Lal in Hindi:-http://amzn.to/2vRlKX1 ► Ramesh Singh in English: - http://amzn.to/2volxpC ► Ramesh Singh In Hindi:- http://amzn.to/2voJDk5 ► Datt and Sundaram in English: - http://amzn.to/2vo4Af8 ► Datt and Sundaram in Hindi:- http://amzn.to/2w39GiU Our PlayList Links: Our Running Online Lectures Playlist Links:- Economics:- http://bit.ly/2v0Mqoa Logical reasoning:- http://bit.ly/2v0n61D CG GS:- http://bit.ly/2uNQ7Zu ************* DC Classes is an e-learning platform in Hindi, Which Provides Online Courses with Online Lectures for various Recruitment Exams like CGPSC, UPSC, CGVYAPAM, BANK PO, SSC, and RAILWAY in Chhattisgarh. All the Online Course are available in the Hindi with Slides. Dc Classes Cg Provides Various online Lectures such as General studies of India, Current Affairs, Quantitative Aptitude, Logical Reasoning, English Grammar etc. All together we will learn from Basic to Advanced Concepts which is more relevant for exams. We are going to provide you free Test Series, Books, Notes, and Current Affairs. Our community members can freely ask their doubts and queries regarding the lectures anytime in the comment section, Facebook page, twitter page and email us as well. We will try to help you within 24 hrs. Our Email id: - [email protected] ************** ►Prepared By: Rajendra Kumar Mandavi All the contents are used only for the purpose of learning and education under fair use policy.
Views: 23543 DC Classes
Public finance
 
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Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold: governmental effects on (1) efficient allocation of resources, (2) distribution of income, and (3) macroeconomic stabilization. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 543 Audiopedia
Theory of incidence (ECO)
 
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Subject: Economic Paper: Theory of public finance Module: Theory of incidence Content Writer: Dr. Jaswinder Singh
Views: 1992 Vidya-mitra
Fiscal Policy and Stimulus: Crash Course Economics #8
 
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In which Jacob and Adriene teach you about the evils of fiscal policy and stimulus. Well, maybe the policies aren't evil, but there is an evil lair involved. In this episode we learn how government use taxes and spending influence the economy. Sometimes the government gives, and sometimes it takes. And the giving and the taking can have a profound effect on how economies behave. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 835639 CrashCourse
Behavioral Economics: Crash Course Economics #27
 
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Why do people buy the stuff they buy? In classical economics, most models assume that consumers behave rationally. As you've probably noticed in your real life, in case after case, people don't actually make rational decisions. There can be emotional or social reasons for all this irrationality, and behavioral economics tries to address this. We'll talk about risk, nudge theory, prices and perception, and the ultimatum game. So, let's get irrational, in a logical way, of course. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 369723 CrashCourse
Deficits & Debts: Crash Course Economics #9
 
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What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 594462 CrashCourse
James Buchanan's Democratic Approach to Public Finance
 
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In the third video in our series, Richard Wagner outlines the intellectual history of James Buchanan's work articulating a theory of public finance that reflects the will of the people, not of the government or special interests. (This video is partially funded by a grant from the John Templeton Foundation on “Work, Self- governance, and the Challenge of Unsustainable Dependency.” The grant is for a three-year project to explore the themes of work and self-governance as well as the root causes and consequences of the modern shift toward a greater reliance on government efforts to solve collective challenges.) Stay Connected Facebook: http://www.facebook.com/mercatuscenter/ Twitter: http://www.twitter.com/mercatus Email: http://www.mercatus.org/newsletters
Views: 60 Mercatus Center
8. Theory of Debt, Its Proper Role, Leverage Cycles
 
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Financial Markets (2011) (ECON 252) Professor Shiller devotes the beginning of the lecture to exploring the theoretical determinants of the level of interest rates. Eugen von Boehm-Bawerk names technical progress, roundaboutness, and time preference as the crucial factors. Professor Shiller complements von Boehm-Bawerk's analysis with two of Irving Fisher's modeling approaches, the view of the interest rate as the equilibrium variable in the savings market and the perspective of simple Robinson Crusoe economies on the determination of interest rates. Subsequently, Professor Shiller focuses his attention on present discounted values and derives the price for discount bonds, consols, annuities, as well as corporate bonds. His treatment of the term structure of interest rates leads him to forward rates and the expectations theory of the term structure of interest rates. At the end of the lecture, he offers insights on usurious loan practices, from ancient times until today, and describes the improvements in consumer financial protection that have been made after the financial crisis of the 2000s. 00:00 - Chapter 1. Introduction 01:24 - Chapter 2. Theories for the Determinants of Interest Rates 28:11 - Chapter 3. Present Discounted Values, Compounding, and Pricing Bond Contracts 47:50 - Chapter 4. Forward Rates and the Term Structure of Interest Rates 01:03:29 - Chapter 5. The Ancient History of Interest Rates and Usurious Loans 01:11:08 - Chapter 6. Elizabeth Warren and the Consumer Financial Protection Bureau Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Views: 101254 YaleCourses
The Theory of the Median Voter
 
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Development Economics course: http://mruniversity.com/courses/development-economics-0 Ask a question about the video: http://mruniversity.com/courses/development-economics/theory-median-voter#QandA Next video: http://mruniversity.com/courses/development-economics/agenda-setter
Game Theory
 
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In this lecture during the 2013 Yale Presidential Inauguration Symposia, University Provost Polak offers a sample of his popular undergraduate economics course. As the William C. Brainard Professor of Economics, he is an expert on decision theory, game theory, and economic history. His work explores how individuals choose when faced with uncertainty and how societies choose when faced with inequality.
Views: 131238 YaleUniversity
George Soros Lecture Series: General Theory of Reflexivity
 
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Open Society Foundations chairman and founder George Soros shares his latest thinking on economics and politics in a five-part lecture series recorded at Central European University, October 26-30, 2009. The lectures are the culmination of a lifetime of practical and philosophical reflection. Soros discusses his general theory of reflexivity and its application to financial markets, providing insights into the recent financial crisis. The third and fourth lectures examine the concept of open society, which has guided Soros's global philanthropy, as well as the potential for conflict between capitalism and open society. The closing lecture focuses on the way ahead, examining the increasingly important economic and political role that China will play in the future. Learn more and watch the lecture series: http://www.opensocietyfoundations.org/multimedia/george-soros-open-society-financial-crisis-and-way-ahead
Views: 179017 Open Society Foundations
11. Behavioral Finance and the Role of Psychology
 
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Financial Markets (2011) (ECON 252) Deviating from an absolute belief in the principle of rationality, Professor Shiller elaborates on human failings and foibles. Acknowledging impulses to exploit these weaknesses, he emphasizes the role of factors that keep these impulses in check, specifically the desire for praise-worthiness from Adam Smith's The Theory of Moral Sentiments. After a discourse on Personality Psychology, Professor Shiller starts a list of important topics in Behavioral Finance with Daniel Kahneman's and Amos's Tversky's Prospect Theory. The value function and the probability weighting function, as two key components of this theory, help explain certain patterns in people's everyday decision making, e.g. the existence of diamond ring insurance and airline flight insurance. An in-class experiment underscores the prevalence and importance of the concept of overconfidence. Further topics include Regret Theory, gambling behavior, cognitive dissonance, anchoring, the representativeness heuristic, and social contagion. Professor Shiller concludes the lecture with some perspectives on moral judgment in the business world, addressing shared values and integrity. 00:00 - Chapter 1: Human Failings & People's Desire for Praise-Worthiness 11:37 - Chapter 2. Personality Psychology 20:14 - Chapter 3. Prospect Theory and Its Implications for Everyday Decision Making 35:53 - Chapter 4. Regret Theory and Gambling Behavior 40:40 - Chapter 5. Overconfidence, and Related Anomalies, Opportunities for Manipulation 57:16 - Chapter 6. Cognitive Dissonance, Anchoring, Representativeness Heuristic, and Social Contagion 01:12:38 - Chapter 7. Moral Judgment in the Business World Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Views: 177296 YaleCourses
Monetary and Fiscal Policy: Crash Course Government and Politics #48
 
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Today, Craig is going to dive into the controversy of monetary and fiscal policy. Monetary and fiscal policy are ways the government, and most notably the Federal Reserve, influences the economy - for better or for worse. So we’re going to start by looking at monetary policy, and specifically how the Federal Reserve uses interests rates as a means of controlling (or at least attempting to control) inflation. We’ll then move onto fiscal policy - that is the government’s use of taxation to raise and spend money. It’s all, well, pretty controversial, but as it seems Americans hate taxes the most, monetary policy is most often used - meaning that the Federal Reserve plays a hugely significant role in steering the U.S. economy. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashC... Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 341606 CrashCourse
The Lessons of Public Choice Theory
 
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Dr Mark Pennington, Reader in Public Choice Theory & Political Economy at Queen Mary, University of London discusses the lessons of Public Choice Theory at the annual Liberty Lectures.
Views: 29094 Adam Smith
54 econ Public Finance and Public Choice
 
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Explains standard public finance theory and the more cynical public choice theory
Views: 1909 Arnold Kling
Lee Smolin: Physics Envy and Economic Theory
 
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Economists were seduced by physics because it made their claims seem more scientific. Their belief was in the concept of equilibrium, in which it would be impossible to profit from trading around a circle of goods or a circle of currencies without actually producing anything. Of course, that is possible, and that did happen, and that's because you're never really at equilibrium. Transcript -- So I got pulled into economics in 2007 because of the 2008 economic crisis. Mike Brown who had been the first CFO of Microsoft, Chief Financial Officer of Microsoft and treasurer of Microsoft, he came to Toronto in 2007 and took my wife and I out to dinner and said he was trying to put together a research group to work on economics and he would like me to be involved. And I said, "I don't know anything about economics." And he said, "That's okay because nobody does and the whole system is about to collapse." He said, "The balance sheets of all the big investment banks -- it's like they have cancer. They're full of holes." And I remember being very struck by this because this was before anybody was talking about this. And so I started to meet with a group of people that he was pulling together to understand what was gonna happen and to understand if there was any way to save the situation. It was a very ambitious thing and, of course, we failed. But along the way I was motivated as a kind of public service to get interested in economics. And what I found . . . economics, in a way, is very easy for a physicist to understand because it's very mathematical. And the mathematical models that they use are very clean. They're based on assumptions and hypotheses, and you can study them. And as I studied it I began to understand, some for myself and more from just reading around because the faults with the standard economic models, with the standard models of finance, are well known. They have been in the literature for decades and decades. So let me give some examples. The standard model of economics is called the neoclassical model and it assumes that markets or systems where trading happens between consumers and firms and there's certain simple models of how that goes on. And the ideas that these come to equilibrium. Equilibrium not in the physical sense but in special economic sense in which you reach a point at which the prices are fixed such that market forces fix the prices such that you maximize the happiness of the consumers and maximize the profits of the firms. And in so called equilibrium nobody can become happier or more profitable without somebody else becoming less happy or less profitable. And the ideology behind this -- not behind the mathematics because mathematics doesn't have an ideology -- but behind the arguments that were made and still are made from this model is that markets don't need regulation because they have these natural equilibria where everybody benefits to the maximum possible. And if you're in equilibrium you can't do better. Now there's a fault with this and it's an obvious fault and it's been known since the 1970s from some theorems proved by some economists including some of the founders of this field of mathematical economics, which is that there's not one equilibrium, there are many equilibria. In fact, there's a vast number of equilibria. And so which equilibria, even assuming that this is a decent model of the economy which is not clear, but even assuming it's a good model, which equilibria you're in depends on the past history, it depends on regulation, it depends on politics, it depends on taste, it depends on changing taste, changing preferences. And so history matters and what's called path dependence matters. This takes us outside the neoclassical model of economics but it doesn't take us outside of economics because some wiser economist, for example, Brian Arthur had for years been developing models and theories of path dependent economy where the history does matter. People from the area of complex systems like Stu Kauffman, Prubac in developing models of markets where the history matters, where there's not a single equilibrium, where there are many equilibria. And where change is paramount. Another symptom of this is the idea that arbitrage isn't, I mean, in these neoclassical models when you go to equilibrium, arbitrage is impossible. Arbitrage is making a profit from trading around a circle of goods or a circle of currencies without actually producing anything. And in equilibrium that's supposed to be impossible but lots of firms and investment banks made fortunes off of currency trading, so why is that? It turns out because you're never really at equilibrium... Remainder of transcript: http://bigthink.com/videos/how-bad-science-led-to-the-economic-crisis Directed / Produced by Jonathan Fowler & Elizabeth Rodd
Views: 57452 Big Think
Keynesian economics | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy
 
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Contrasting Keynesian and Classical Thinking Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/keynesian-thinking/v/risks-of-keynesian-thinking?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/monetary-fiscal-policy/v/tax-lever-of-fiscal-policy?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 690503 Khan Academy
TYBCOM_ECONOMICS_Concept of Public Finance
 
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WISDOM COMMERCE CLASSES, Uttan are making videos, which are helpful for TYBCom studends of Mumbai University.
Views: 6158 Hilary Gaurea
Game Theory: The Science of Decision-Making
 
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With up to ten years in prison at stake, will Wanda rat Fred out? Game theory is looking at human interactions through the lens of mathematics. Hosted by: Hank Green ---------- Support SciShow by becoming a patron on Patreon: https://www.patreon.com/scishow ---------- Dooblydoo thanks go to the following Patreon supporters -- we couldn't make SciShow without them! Shout out to Kevin Bealer, Justin Lentz, Mark Terrio-Cameron, Patrick Merrithew, Accalia Elementia, Fatima Iqbal, Benny, Kyle Anderson, Mike Frayn, Tim Curwick, Will and Sonja Marple, Philippe von Bergen, Chris Peters, Kathy Philip, Patrick D. Ashmore, Thomas J., charles george, and Bader AlGhamdi. ---------- Like SciShow? Want to help support us, and also get things to put on your walls, cover your torso and hold your liquids? Check out our awesome products over at DFTBA Records: http://dftba.com/scishow ---------- Looking for SciShow elsewhere on the internet? Facebook: http://www.facebook.com/scishow Twitter: http://www.twitter.com/scishow Tumblr: http://scishow.tumblr.com Instagram: http://instagram.com/thescishow ---------- Sources: https://www.khanacademy.org/economics-finance-domain/microeconomics/nash-equilibrium-tutorial http://levine.sscnet.ucla.edu/general/whatis.htm http://assets.cambridge.org/97805213/61774/sample/9780521361774ws.pdf https://www.youtube.com/watch?v=qcLZMYPdpH4 http://link.springer.com/chapter/10.1007/978-1-349-20181-5_1 http://www.gametheory.net/dictionary/Game.html Image Links: https://en.wikipedia.org/wiki/John_Forbes_Nash_Jr.
Views: 1673341 SciShow
The Fallacies of Public Finance | Walter Block
 
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Archived from the live Mises.tv broadcast, this lecture by Walter Block was presented at the 2011 Mises University in Auburn, Alabama.
Views: 23009 misesmedia
Affect of Social goods in the formulation of stabilization policy – Case of poverty alleviation
 
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Subject:Economics Paper: Theory of public finance
Views: 103 Vidya-mitra
Keynesian Theory in 5 min
 
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An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustrations inspired by Olivier Ballou. Please make liberal use of the pause button. Please mute the annoying music (yes I'm recycling tracks from my previous videos, pathetic I know) The Business Cycle in 5 min: http://www.youtube.com/watch?v=GU-FXv2VlK0&feature=plcp The Federal Reserve in 5 min: http://www.youtube.com/watch?v=Hjm26fTH9K0
Views: 561214 libertyordeathTV
Taxation | Benjamin W. Powell
 
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Benjamin Powell analyzes the economics of taxation from different perspectives: economic efficiency, ethics, and public choice. CONTENT OF THIS VIDEO: 00:00 Introduction 00:30 Ethics and taxation 01:30 Theories of consent 07:25 Efficiency of taxation 08:41 Public goods and externalities 10:52 Marginal benefit and social marginal benefit 14:30 Redistribution of wealth 15:58 Economic efficiency and deadweight loss 25:33 Social marginal benefit 31:00 Role of public choice 34:31 Income tax and fair tax 36:12 Constitutional prohibitions 36:40 Competition in taxation 42:32 End credits ABOUT BENJAMIN POWELL: Benjamin Powell is Senior Fellow at the Independent Institute, Director of the Free Market Institute at Texas Tech University, and former President of the Association of Private Enterprise Education. Dr. Powell received his Ph.D. in economics from George Mason University. More information about Benjamin W. Powell http://www.independent.org/aboutus/person_detail.asp?id=1023 The Challenge of Liberty Seminars provide college-aged students with the ethical and economic principles of free societies that are essential to understanding, appreciating, and preparing for real world issues that lie ahead. More information about Student Seminars: http://www.independent.org/seminars/ INDEPENDENT INSTITUTE LINKS APP: https://itunes.apple.com/us/app/mygovcost-government-cost/id834798309?mt=8 FACEBOOK! http://www.facebook.com/independentinstitute TWITTER! http://twitter.com/independentinst WEBSITE: http://www.independent.org
Views: 2673 Independent Institute
Finance and the Real economy
 
01:40:52
Not all innovation in finance is valuable. Not all trading is useful. And a bigger financial system isn't necessarily a better one. Parts of the financial services industry have a unique ability to attract outsized returns and create instability that harms the rest of society. Can financial innovation be harnessed so finance can benefit the economy rather than serve as its destructive master? This panel, featuring Joseph Stiglitz, Adair Turner, Axel Leijonhufvud, and Ed Clark, moderated by former Canadian Prime Minister Paul Martin, seeks to address these critical issues.
Views: 10325 New Economic Thinking
Public Finance (Capital Receipts & Revenue Receipts) - Economics Online Lecture #19
 
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We have Already Started Our Public Finance Topic. In This Video You Will Get the Knowledge of Budget Concepts Like Capital Receipts, Revenue Receipts. Some Formula Based Definitions: 1) Capital Receipts = Total Receipts - Revenue Receipts 2) Revenue Receipts= Total Receipts -Capital Receipts 3) Tax Revenue = Total Revenue Receipts - Non Tax Revenue Please Correct Annual Financial Bill To Annual Financial Statement. If You Like Our Works & Want To Contribute To Dc Classes Team #Contribute: http://bit.ly/2Jbs26h Important Links: #Budget Sheet:- http://bit.ly/2MYzhAE # Previous Video (Lecture 18): https://youtu.be/7Qw3fWC-pGA Sponsored Links: ► Latest Offers & Coupons: https://www.goooffer.com ►Download GooOffer App: http://bit.ly/2Dj9Sko Recommended Books:- ► Important NCERT Book List: http://bit.ly/2KUMYU7 ► S.N. Lal in Hindi:-http://amzn.to/2vRlKX1 ► Ramesh Singh in English: - http://amzn.to/2volxpC ► Ramesh Singh In Hindi:- http://amzn.to/2voJDk5 ► Datt and Sundaram in English: - http://amzn.to/2vo4Af8 ► Datt and Sundaram in Hindi:- http://amzn.to/2w39GiU Social Media Links: ►Website: https://www.DcClasses.com ►Facebook: https://www.facebook.com/dcclassescg ►Twitter: https://twitter.com/dcclasses ►Google Plus: https://plus.google.com/+DCClasses ►Instagram: https://www.instagram.com/dcclassescg/ ►Pinterest: https://in.pinterest.com/dcclasses/ Our PlayList Links: Our Running Online Lectures Playlist Links:- Economics:- http://bit.ly/2v0Mqoa Logical reasoning:- http://bit.ly/2v0n61D CG GS:- http://bit.ly/2uNQ7Zu DC Classes is an e-learning platform in Hindi, Which Provides Online Courses with Online Lectures for various Recruitment Exams like CGPSC, UPSC, CGVYAPAM, BANK PO, SSC, and RAILWAY in Chhattisgarh. All the Online Course are available in the Hindi with Slides. Dc Classes Cg Provides Various online Lectures such as General studies of India, Current Affairs, Quantitative Aptitude, Logical Reasoning, English Grammar etc. All together we will learn from Basic to Advanced Concepts which is more relevant for exams. We are going to provide you free Test Series, Books, Notes, and Current Affairs. Our community members can freely ask their doubts and queries regarding the lectures anytime in the comment section, Facebook page, twitter page and email us as well. We will try to help you within 24 hrs. Our Email id: - [email protected] ************** ►Prepared By: Rajendra Kumar Mandavi All the contents are used only for the purpose of learning and education under fair use policy.
Views: 6686 DC Classes
David Hume on public debt
 
03:31
Great Economists: Classical Economics and its Forerunners course: http://mruniversity.com/courses/great-economists-classical-economics-and-its-forerunners Ask a question about the video: http://mruniversity.com/courses/great-economists-classical-economics-and-its-forerunners/david-hume-public-debt#QandA Next video: http://mruniversity.com/courses/great-economists-classical-economics-and-its-forerunners/david-hume-money
Money and Finance: Crash Course Economics #11
 
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So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but money has a few basic functions. It acts as a store of value, a medium of exchange, and as a unit of account. Money isn't just bills and coins. It can be anything that meets these three criteria. In US prisons, apparently, pouches of Mackerel are currency. Yes, mackerel the fish. Paper and coins work as money because they're backed by the government, which is an advantage over mackerel. So, once you've got money, you need finance. We'll talk about borrowing, lending, interest, and stocks and bonds. Also, this episode features a giant zucchini, which Adriene grew in her garden. So that's cool. Special thanks to Dave Hunt for permission to use his PiPhone video. this guy really did make an artisanal smartphone! https://www.youtube.com/watch?v=8eaiNsFhtI8 Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 651335 CrashCourse
An Introduction to Externalities
 
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What are externalities and what are the different kinds of costs? And what does this have to do with the rise of “superbugs"? This video is an introduction to externalities, including the concepts of private cost, external cost, and social cost. Using the example of antibiotics and viruses, we take a look at how costs are passed along to different members of society beyond the producer and consumer. We’ll use a chart to illustrate how to calculate the effects of a Pigouvian tax, and we provide definitions for the other key terms that will be used throughout this video series. Microeconomics Course: http://bit.ly/20VablY Ask a question about the video: http://bit.ly/1QyHl5g Next video: http://bit.ly/1QyHl5g Help us caption & translate this video! http://amara.org/v/GRz8/
Experimental Tests of the Theory of Public Goods
 
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A video made around 1995 by the Department of Economics at McMaster University as part of a series. This one features Stuart Mestelman discussing laboratory experiments testing the theory of public goods. I just transferred this from video tape.
Views: 130 Andrew Muller
Public Choice Theory
 
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reformationeconomics.com Jake Rodriguez and Joe Weeres discuss how starting from a mistaken premise, Public Choice Theory has proceeded with the wrong analytical question about competition and has come to the wrong conclusions about the economic value and efficiency of political markets.
Views: 2706 REFORMATION ECONOMICS
Revenue, Profits, and Price: Crash Course Economics #24
 
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How do companies make money? What are profits? Revenues? How are prices set? This week, Jacob and Adriene are talking business. Whether you're selling cars, pizza, or glow sticks, this video has pretty much all the information you need to run a business. Well, not really, but there's a lot of good stuff in here. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 385759 CrashCourse
Yanis Varoufakis: The Future of Capitalism | The New School
 
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Sponsored by the Schwartz Center for Economic Policy Analysis (http://www.economicpolicyresearch.org) at The New School for Social Research (http://www.newschool.edu/nssr), Yanis Varoufakis will deliver SCEPA's annual Robert Heilbroner Memorial Lecture, "The Future of Capitalism." We all know Varoufakis as the former Greek Finance Minister and media sensation who stood up to Europe in the fight against austerity. His lecture will discuss themes from his new book, "And The Weak Suffer What They Must?," including the origins of a crisis that has affected not only Greece, but all of Europe. The lecture will be followed by a panel discussion featuring New School Professor of Economics Mark Setterfield and economics student Ebba Boye. Department of Economics | http://www.newschool.edu/nssr/economics Varoufakis’ career has spanned academia, public service, and the private sector. After three decades in academia, he was elected to the Hellenic Parliament in 2015 as a member of the Syriza Party and became Minister of Finance in Alexis Tsipras’ government. He currently serves as professor of economics at the University of Athens and as a consultant for the Valve Corporation. The Robert Heilbroner Memorial Lecture on the Future of Capitalism: The Heilbroner lecture honors the work of Robert Heilbroner, who was both a student and a professor in the economics department of The New School for Social Research. This event is dedicated to understanding questions of economic justice and how the profit-seeking activities of private firms might also serve broader social goals. To use Heilbroner’s words, “capitalism’s uniqueness in history lies in its continuously self-generated change, but it is this very dynamism that is the system’s chief enemy.” THE NEW SCHOOL | http://www.newschool.edu Location: John L. Tishman Auditorium, University Center Monday, April 25, 2016 at 6:00 pm to 8:00 pm
Views: 261504 The New School
The real truth about the 2008 financial crisis | Brian S. Wesbury | TEDxCountyLineRoad
 
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This talk was given at a local TEDx event, produced independently of the TED Conferences. The Great Economic Myth of 2008, challenging the accounting to accounting principal. Brian Wesbury is Chief Economist at First Trust Advisors L.P., a financial services firm based in Wheaton, Illinois. Mr. Wesbury has been a member of the Academic Advisory Council of the Federal Reserve Bank of Chicago since 1999. In 2012, he was named a Fellow of the George W. Bush Presidential Center in Dallas, TX where he works closely with its 4%-Growth Project. His writing appears in various magazines, newspapers and blogs, and he appears regularly on Fox, Bloomberg, CNBCand BNN Canada TV. In 1995 and 1996, he served as Chief Economist for the Joint Economic Committee of the U.S. Congress. The Wall Street Journal ranked Mr. Wesbury the nation’s #1 U.S. economic forecaster in 2001, and USA Today ranked him as one of the nation’s top 10 forecasters in 2004. Mr. Wesbury began his career in 1982 at the Harris Bank in Chicago. Former positions include Vice President and Economist for the Chicago Corporation and Senior Vice President and Chief Economist for Griffin, Kubik, Stephens, & Thompson. Mr. Wesbury received an M.B.A. from Northwestern University’s Kellogg Graduate School of Management, and a B.A. in Economics from the University of Montana. McGraw-Hill published his first book, The New Era of Wealth, in October 1999. His most recent book, It’s Not As Bad As You Think, was published in November 2009 by John Wiley & Sons. In 2011, Mr. Wesbury received the University of Montana’s Distinguished Alumni Award. This award honors outstanding alumni who have “brought honor to the University, the state or the nation.” There have been 267 recipients of this award out of a potential pool of 91,000 graduates. About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 1839003 TEDx Talks
Taxes: Crash Course Economics #31
 
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We've been talking about the unavoidables recently. Last time, we covered Death. This time, it's taxes. So, what are taxes? Why do we pay taxes? What is all that tax money used for? This week, Adriene is going to cover all that and more. We'll talk about types of taxes, progressive and regressive taxes, tax brackets, and we'll even get into a few historical scenarios where bad tax policy led to revolutions. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 510444 CrashCourse
Bob Shiller's Financial Markets
 
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Yale Professor Robert Shiller starts his Financial Markets class Feb. 17th, 2014 on Coursera.org- free and open to the public. This course strives to offer understanding of the theory of finance and its relation to the history, strengths and imperfections of such institutions as banking, insurance, securities, futures, and other derivatives markets, and the future of these institutions over the next century. Sign up now and start learning on Feb. 17th: https://www.coursera.org/course/financialmarkets
Views: 85409 YaleCourses
Episode 154: Insights from a Theory of Entangled Political Economy (with Richard E. Wagner)
 
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Richard Wagner provides an overview of public choice economics and considers how limited governments are incentivized to morph into destructive regulatory systems. Is an economy like a machine or a tropical rainforest? Is it more like a mechanical device that can be maintained by an exogenous force (government), or is it more like a diverse ecology, one that includes government actors? Richard Wagner joins us this week to discuss his new book, Politics As a Peculiar Business: Insights from a Theory of Entangled Political Economy (2016). https://www.amazon.com/Politics-Peculiar-Business-Entangled-Political/dp/1785365479 Wagner concludes that modern governments function much the way a business enterprise does, albeit a strange one. He also theorizes about what happens when government becomes entangled in the same incentive structures it claims regulatory power over. Download the .mp3 of this episode: http://bit.ly/2dkhwL6 Subscribe through iTunes: https://bitly.com/18wswtX Subscribe through Google Play Music: http://bit.ly/1VLM4sh Free Thoughts RSS feed: http://bit.ly/1q2vZQP
Views: 364 Libertarianism.org

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