The Tragedy of the Commons

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
5,886
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Nov 29, 2010

By Kevin Cox

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 23 dislikes

Link to this comment:

Share to:

Uploader Comments (MCTOONS1)

  • pretty drawings - which makes it extra sad that your understanding of economics is abysmal. study up on some Austrian economics little fella.

  • @LotharioRowe MCTOONS provides a unique service of animation, V.O's, & folley FX - the opinions raised in the videos are not necessarily ours.

  • Simply stupid. Just draw; thinking is not your thing

  • @Liberticracia MCTOONS provides a unique service of animation, V.O's, & folley FX - the opinions raised in the videos are not necessarily ours.

Top Comments

  • A lot of bullshit. To give loans to the poor will not make these people to apply resources in renewable sources of energy. Free market is still the best tool to do this.

    Global Financial Crisis happenned because of low interest rates determined by The Federal Reserve.

see all

All Comments (18)

Sign In or Sign Up now to post a comment!
  • Money is absolutely not created by giving out loans, that is exactly what caused the problem we're in right now. People spending money that didn't actually exist. This video is wrong, wrong, wrong.

  • your pics don't communicate the right idea, this dosent really explain the tradegy of the commons, just random general econ info with drawings

  • @yomamma12324 If the real interest rate were negative banks would do better to lend money at zero rather than hold the money and take a loss. That is, if the inflation rate were higher than some price ceiling on interest rates, banks would make 0% interest loans. The result would be ugly, but you could establish a system to accomplish that goal.

  • why would banks forego expenditure by loaning funds without interest?

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more