inflation

An 86-minute Milton Friedman talk arguing that inflation is a monetary phenomenon caused by money supply growing faster than goods, and that the cure is less government spending and money printing.

A talk by Eric Weinstein on gauge theory and its possible application to economics and inflation. It proposes extending the Wu-Yang dictionary into a geometric tool beyond physics.

An Extra Credits episode on how MMO economies get overrun by inflation when players can mint unlimited gold by killing monsters. It covers approaches borrowed from real-world economics, such as anchoring or pegging currency, as alternatives to simple gold sinks.

Extra Credits explains from a game developer's perspective why AAA games have stayed at $60 despite inflation, and how that pressure drives DLC, microtransactions and loot boxes.

A short excerpt of Jon Stewart interviewing former Treasury Secretary Larry Summers about the causes of inflation and whether workers or corporate profits are to blame. It comes from an episode of The Problem With Jon Stewart.

A short Stanford video in which Chao-Lin Kuo surprises Professor Andrei Linde with BICEP2 evidence supporting cosmic inflation, the first apparent images of primordial gravitational waves.

12tone tells the story of pitch inflation and how concert A came to be standardized at 440 Hz, including attempts at legal standards. It is a short music history explainer.

Ray Dalio's 30-minute animated video explains how the economy works through credit, debt, interest rates, and short- and long-term cycles. It is based on his template for understanding the economy.

Hans Rosling uses augmented-reality animation to show 200 countries over 200 years in four minutes, built from 120,000 data points. It tracks life expectancy and income to show the world's development.

An animated 44-minute summary of Ray Dalio's book Principles for Dealing with the Changing World Order. It lays out the Big Cycle of rising and declining nations, covering debt cycles, internal conflict, and shifts in global power over the past 500 years.

A rap battle in which John Maynard Keynes and F. A. Hayek debate the causes of boom and bust, stimulus, and bailouts. It was produced by Econstories to teach the two schools of thought.

Not Just Bikes explains the Strong Towns argument that car-dependent American suburbs cost more to maintain than they generate in taxes. It describes the growth Ponzi scheme that props up municipal finances.

A feature-length documentary on how the City of London and Britain's overseas territories built a global web of offshore secrecy jurisdictions after the empire declined. It traces how this network captured and hid wealth from around the world.

The first video in Not Just Bikes' Strong Towns series explains the financial instability of North American cities, based on Strong Towns research. It argues that low-density suburban growth costs more to maintain than it brings in.

Hans Rosling uses the Gapminder animated-data tool to debunk myths about world development, with sportscaster-like energy. It shows trends in health, income and child survival across countries.

Jean-Marc Jancovici lectures at ENS Paris on whether energy use, jobs and growth can all be preserved. He argues for a physical approach to economics, since resource depletion and climate limits make perpetual GDP growth unrealistic.

Episode 4 of Mike Maloney's Hidden Secrets of Money, explaining how currency is created through a chain of IOUs among the Treasury, banks and the Federal Reserve. It covers bonds, Fed checks, debt, taxes and fractional reserve lending, from a gold-and-silver advocate's viewpoint.

Sociologist and comedian Harald Eia argues in a TEDxOslo talk that Nordic social democracies produce more rich people per capita than the US or UK. He credits high taxes, welfare and strong unions for creating a safety net that enables risk taking.

A clip from the 2011 film Margin Call in which senior partners hold an emergency meeting and decide to sell off toxic assets immediately. It is set at the start of the 2008 financial crisis.

Not Just Bikes explains how many American suburbs, built all at once rather than incrementally, cannot cover their infrastructure costs and survive on growing debt. It draws on Strong Towns' work on the growth Ponzi scheme.

The first part of Extra History's animated miniseries on the South Sea Bubble. It explains how England's government debt led Robert Harley to turn to financier John Blunt, whose schemes began inflating artificial demand for shares.

A 30-minute animated film explaining how money, banking and the Federal Reserve work and arguing that the American economy is heading for collapse. It is opinionated and has a strong point of view.

A hip-hop music video from EconStories in which Keynes and Hayek rap-battle over how to handle recessions and government spending. It is the second round after the first rap battle.

Mark Blyth's 2016 Brown University lecture on global Trumpism, explaining the rise of populism through economics, the decline of Western middle classes and revolt against technocracy.

First session of MIT 15.401 Finance Theory I (Fall 2008) taught by Andrew Lo, giving a course overview and introducing core finance concepts. The course ran during the 2007-08 financial crisis.

A clip from the 2011 film Margin Call in which a firm's CEO, played by Jeremy Irons, tells a senior executive about the cycles of financial crashes. Kevin Spacey's character says he wants out, and the scene ends on the line that it is just money.

An RSA Animate video that illustrates a talk by geographer David Harvey on the crises of capitalism. It covers creative destruction, wage stagnation masked by credit, and the search for a more just economic order.

An animated documentary by Paul Grignon explaining how modern money is created through bank lending as debt. This is a combined upload of the revised 2009 edition.

Paul Grignon's animated documentary presenting his view of how banks create money as debt and why that system requires continuous growth. It outlines the historical background of modern banking.

Ben Felix explains how central bank money creation and quantitative easing actually work, and what they do and do not imply for asset prices and currency. He addresses the common belief that the Fed prints unlimited money and props up markets.

Jean-Marc Jancovici gives an MIT Media Lab talk on whether technology can save us from climate change. He argues from a physical view of energy that economic growth, energy use and climate impact are tightly linked.

An RSA Animate drawing of Barbara Ehrenreich's talk on the darker side of positive thinking. It argues that forced positivity in culture, work and policy can be harmful and played a part in the financial crisis.

Charlie Rose interviews Sir James Goldsmith in 1994 about the coming GATT free-trade agreement. Goldsmith predicts that global capital mobility will upset the balance between capital and labor.

A 1997 BBC documentary on Black Wednesday in 1992, when sterling was forced out of the Exchange Rate Mechanism. It covers the crisis from the British government side, including George Soros's trade and political mistakes.

A 2006 television appearance in which Peter Schiff warns on Kudlow & Co about the housing bubble and an approaching US economic collapse.

Yanis Varoufakis talks at a festival in Zagreb about his book The Global Minotaur. He argues the postwar global economy and the 2008 crisis stem from deeper structural causes than greed or weak regulation.

PolyMatter explains China's housing bubble and why around 50 million homes sit empty. It covers cultural and economic reasons behind the overbuilding and the government's bind.

Michael Oswald's documentary, based on Richard Werner's book, argues that Japan's 1990s crash was engineered by the central bank and powerful interests. It focuses on the Bank of Japan's hidden influence over the economy.

Yanis Varoufakis and Noam Chomsky talk on stage at the New York Public Library in 2016. They cover the Greek financial crisis, European politics, neoliberalism and America's economic future, drawing on Varoufakis's book.

Economist Martin Jacques offers three building blocks for understanding China's rise, including seeing China as a civilization-state rather than a nation-state. He also covers how Chinese people view the state.