202. CAPITAL: Principles of Economics Lecture 6

Eighth lecture of Principles of Economics examines energy and power as essential drivers of production, showing how abundant energy, especially hydrocarbons, raises productivity, expands trade and liv...

17 Mars 1h 13min

Seventh lecture of Principles of Economics explores technology as non-scarce knowledge that raises productivity and drives long-term growth, explaining why innovation creates new work instead of destr...

10 Mars 46min

Sixth lecture of Principles of Economics explores capital as saved resources that lengthen production to raise productivity, showing how time preference governs saving and interest, why capital is cos...

3 Mars 47min

Fifth lecture of Principles of Economics explains property as the only workable solution to the problem of scarcity, how ownership prevents conflict, the logic of self-ownership, and how secure proper...

24 Feb 44min

Fourth lecture of Principles of Economics explores labor as the sacrifice of leisure for future gain, explaining disutility, production and productivity, how wages reflect marginal output, why work ne...

17 Feb 47min

Third lecture of Principles of Economics examines time as the ultimate scarce resource, showing how all human action unfolds across time, why opportunity cost exists, how time preference shapes choice...

10 Feb 50min

Saifedean debates Peter Schiff on gold, bitcoin, and the future of money, during the PlanB Conference in San Salvador!

3 Feb 51min

Second lecture of Principles of Economics course explores value as a subjective judgment existing only in the consciousness of humans, how scarcity forces economizing, and how marginal utility determi...

27 Jan 49min