Investment vs. Comsumption 2
Loading...
Top Comments
All Comments (49)
-
the people dancing for the money is not a waste.... What if one of the dancers was a single mom who used that money to raise her kids or try and start her new business? I like your other examples though but that one to me falls weak
-
What is the next video? These are not listed in any particular order...
-
This video gets into a lot of "murky" territory when it comes to investment versus consumption, because really what the money is being spent on can go in any direction after you've spent it. Take the extravagant vaca: some of the money you spent goes towards the dancers' wage, which might be used to make a simple home payment or better Ed. for their children, which indirectly contributes to Society and is therefore an investment. If a pro. or serv. is purchased by you, it aids Society somewhat.
-
So art, especially ballet, opera, performance art, etc. is the worst form of consumption -- a destruction of wealth to rival credit-default-swap instruments of mass wealth destruction? I think you were on stronger ground with neutrality. Think utils, not dollars. It's a free market -- one guy saying an unpainted pencil is a true product worth more than a horrendously over-priced purse doesn't make it so, economically.
-
basically what i understood there is a degree of investment and degree of consumption in anything we do with the money. i mean, even buying a purse for 20 dollars, when you could go to a flea market and get the purse for a $1.
-
Sal, why do you distinguish between the re-invested profits of the purse retailer and the proceeds from the extravagant tourist? I think it's too subjective.
-
@kunsboy Lol what sounded socialist about that?
-
The argument Sal made for a family vacation being an investment works for ANY consumable. There is no incentive to invest or work or do anything if the money you bring in isn't used to create some sort of happiness
9:51
Investment vs. Consumption 1by khanacademy22,151 views- 9:40
Renting vs. Buying a homeby khanacademy187,953 views
- 9:51
Investment vs. Consumption Iby khanacademy1,953 views
- 11:26
Bailout 1: Liquidity vs. Solvencyby khanacademy96,578 views
- 9:15
The multiplier effect in the simple Keynesian model: A change in investment spendingby lostmy130,249 views
- 5:17
Credit Default Swaps Part 1by moneyandsociety4,265 views
- 9:42
Collateralized Debt Obligation (CDO)by khanacademy197,051 views
- 6:29
Buy Silver NOW !!! the single best investment.by becauseushould112,726 views
- 10:51
Bailout 5: Paying off the debtby khanacademy36,522 views
- 5:39
The Philippine Stock Market - Part 2 (Investing Wisely)by reevrob14,724 views
- 6:35
The Story of Stuff (2007) - Ch.5: Consumptionby FreeRangeStudios171,685 views
- 8:33
Why borrowing worksby khanacademy110,632 views
- 2:58
Gold: The Ultimate investment for capital preservation.by singletreefilms32,019 views
- 11:07
Banking 4: Multiplier effect and the money supplyby khanacademy139,650 views
- 10:00
Karl Marx - BBC Radio 4 In Our Time's Greatest Philosopher (Part 1 of 5)by desolationrow188,886 views
- 8:31
IS Video Tutorialby micoschwartz32,091 views
- 1:45
Beginners Investing: Stocks or Bonds for Best Investment?by aiolyfe10,671 views
- 10:09
Bailout 15: More on the solutionby khanacademy22,575 views
- 3:18
Consumptionby jebentijaovo21,108 views
If someone bought the fish just to eat it, or if someone came to eat at your restaurant than the equations change.
The less "consumption" you have in a society (i.e. the more people re-use everything around to make it contribute to "wealth") the better your society is - but it is wrong to say that someone has to "consume" by buying your product (from an economy viewpoint you've confusing "buying something" with "consuming something").
ulysseinvest 2 years ago 5
wow Prof. Khan said ppl who buy LV are "probably a little insecure"
imrichyournot 5 months ago 3