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60-Second Adventures in Economics - for iPad/Mac/PC
by The Open UniversityEver shaken an invisible hand? Been flattened by a falling market? Or wondered what took the bend out of Phillips' curve? David Mitchell helps reveal some of the great dilemmas faced by governments trying to run an economy - whether to save or spend, control inflation, regulate trade, fix exchange rates, or just leave everyone to get on with it and not intervene. You'll learn why Adam Smith put such a high price on free markets, how Keynes found a bold new way to reduce unemployment, and what economists went on to discover about the impact of policy on people's and businesses' behaviour - which may not always be entirely rational...
Copyright: The Open University
Episodes
The Invisible Hand
1m · PublishedTranscript -- The Invisible Hand
0s · PublishedThe Paradox of Thrift
1m · PublishedTranscript -- The Paradox of Thrift
0s · PublishedThe Phillips Curve
1m · PublishedTranscript -- The Phillips Curve
0s · PublishedThe Principle of Comparative Advantage
1m · PublishedTranscript -- The Principle of Comparative Advantage
0s · PublishedThe Impossible Trinity
1m · PublishedTranscript -- The Impossible Trinity
0s · Published60-Second Adventures in Economics - for iPad/Mac/PC has 12 episodes in total of non- explicit content. Total playtime is 8:10. The language of the podcast is English. This podcast has been added on December 25th 2022. It might contain more episodes than the ones shown here. It was last updated on February 21st, 2024 04:13.