Everyday Economics - Tyler Cowen On...

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  1. Get laid

    Have sex

    3 votes
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  2. 1 vote
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  3. Decision-making guide

    Can you please create a simple system or algorithm that strings together Fermi estimates, Bayes Theorem, Expected Utility and Opportunity Cost as a general decision-making guide? Thanks.

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  4. Please provide a Critique of Das Capital

    Das Capital by Karl Marx is still very influential in European nations like the UK. The present Labour opposition may come to power as the next elected government with a strong emphasis on Marxist economic theory related to labour value vs exchange value. It is widely held that wealth has now accumulated in the older population with younger people saying accommodation is very expensive to rent and impossible for them to buy. As this group of people increases the prospect of them voting in a Marxist government is looking increasingly possible. A critique of Marxist economics might seem unimportant in…

    1 vote
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  5. Buying locally video portrays a "zero sum game"?

    In this "Buy Locally" video, you make it sound as if it is a zero sum game (buy local or buy abroad). I realize that the local proprietors are buying their goods from non-local sources. I imagine "buy locally" means something like that if you have 2 identical products, one is online and is cheaper and the other is local but more expensive, is the added cost for the same product worth paying, to support local business owners/ workers?
    Not necessarily the stopping of buying anything but local goods and cutting off the outside world.

    Given this scenario, is it…

    1 vote
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  6. 4 votes
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  7. How do we make smart every day decisions?

    Perhaps the greatest benefit of an economics principles course to students is to help them think rationally about making personal every day decisions throughout their lives. I suggest creating a video to teach 3 key decision making concepts: 1) Weigh Benefits vs. Costs, 2) Include all Opportunity Costs, and 3) Think Marginally (Ignore Sunk Costs!). Many students have difficulty identifying certain opportunity costs and ignoring sunk costs. Thanks!

    21 votes
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  8. 1 vote
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  9. 1 vote
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  10. Does taxes add up in GDP?

    What if we buy an item without paying taxes, ie illegaly. Is that added to the GDP?

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  11. 1 vote
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  12. Chinese expenditure on inflated raw material and labour cost..

    Very informative video on the issue of rise and fall of Chinese economy... would you be able to address the issue of Chinese rapid infrastructure Build with high cost of raw materials and labour. Most of the mature economies build over a long period of time therefore they were able to build at sometimes at lower cost than what the Chinese did.

    1 vote
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  13. 1 vote
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  14. Until when will the gap between rich and poor get bigger?

    The rich always take more of the cake

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  15. 3 votes
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  16. 3 votes
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  17. Previous peak level of consumption and income by Duesenberry

    Duesenberry idea in consumption.. And income and consumption level of Duesenberry

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  18. The investment / profit problem

    Investments lead to profits, not always of course but there are certain investments that barely contain any risk. If we need investments to increase productivity, does this system not favor automatically those who already have more in an eternal recursive loop?

    Is there such thing as the investment/profit problem that leads to a spiral of inequality?

    3 votes
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  19. yoga foreign

    https://www.kartohome.com/astrology/foreign-settlement-yoga-in-kundli
    yoga foreign services for, yoga foreign online solutions for, yoga foreign astrology solutions for , etc.

    1 vote
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  20. 1 vote
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Everyday Economics - Tyler Cowen On...

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