Common Sense Economics 2015-2016

Concepts and Topics: Competition among governments, incentives, and resource allocation; and Constitutional rules and sound economics

Watch4 videos: (i) CSE 3.9 Stossel Macro 15- Competition and efficiency of government (Links to an external site.) (3:02); (ii) CSE 3.9 CFP- Lilliputian Liberty (Links to an external site.) (3:47); (iii) CSE 3.9 Honest Ent- Hector Ricketts story (Links to an external site.) (7:45) and (iv) CSE 3.10 Economic Freedom- Part 2 (Links to an external site.) (3:17) and take notes on key concepts and topics.

Just for fun, check out these two music videos comparing the Keynesian and classical economic views on how governments should respond to recessions: (i) CSE 3.9 Fear the Boom and Bust  (Links to an external site.)(7:32); and (ii) CSE 3.9 Fight of the Century: Keynes vs. Hayek round two (Links to an external site.) (10:09).