ECON 1301 - Macroeconomics [1]
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FREE LUNCH: getting something at someone else's expense. Labor's wages are earned because labor has to exert itself. The return to capital (tools of production) is earned because someone has to do something to make the tools and the produce something that people value and are wiling to pay for. The return to land, (rents or sales price) is not earned and is a FREE LUNCH to "owners" because land is not made and its value is created by the community, not the "owners". That's macro economics.
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We all have McConnell. My dad had McConnell back in the early 70s. Gah.
I never want to hear the words guns, butter, or pizza again.
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I would like for you to do more video's on this subject. I am taking an online Macroeconomics class from a local college and we are using the same book.
MORE PLEASE!!! :)
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Did you continue making these videos about Macroeconomics?
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CFA Exam Prep: Level 1 Macroeconomics, Willoughbyby AllenResources10,789 views- 3:32
The Possibilities of Productionby 27hyperion8,027 views
- 7:33
11.4 - Price Discrimination Part 1by richardmckenzie28,849 views
- 1:37
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- 0:35
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- 2:30
Macroeconomics and GDPby arkentos20104,350 views
- 8:35
Macroeconomics - 1: Intro!by coursehack3,763 views
- 10:30
MacroEconomics Presentation by Group 3by carlagrifo2,388 views
- 8:53
History of Money Part 1by EconGiff14,272 views
- 8:09
MacroEconomics Movie (Part 1)by ne8il8,082 views
- 8:26
Macroeconomicsby Soraal162,884 views
- 9:48
Macroeconomics 2009 (Part 1 of 2)by maximizeutility10,710 views
- 7:41
Ecological Macroeconomics Part 1by SteadyStateEcon1,986 views
- 7:12
AP Macroeconomics Graphing Review - Part 9by gewalker722,721 views
- 6:28
AP Macroeconomics Graphing Review - Part 15by gewalker722,352 views
- 7:02
Macroeconomics for MBAby Meragemba4,724 views
- 6:19
AP Macroeconomics Projectby AlexChivvy766 views
- 8:02
AP Macroeconomics Graphing Review - Part 11by gewalker722,281 views
- 4:34
What is Macroeconomics?- Econ Project Mr. St. Clairby imandychoi4,179 views
- 5:06
CEPR Seminar: The Basics of Good Economicsby cepr3,786 views
The next lesson will come soon enough.
YouNotStudios 4 years ago