Professor Ian Shapiro introduces the class “Power and Politics in Today’s World.” This course provides an examination of political dynamics and institutions over this past tumultuous quarter century, and the implications of these changes for what comes next. Among the topics covered are the decline of trade unions and enlarged role of business as political forces, changing attitudes towards parties and other political institutions amidst the growth of inequality and middle-class insecurity, the emergence of new forms of authoritarianism, and the character and durability of the unipolar international order that replaced the Cold War.

Disparities in all areas of life - income and wealth, health, education, housing, and more - are growing and squeezing the lives of the majority. Inequality and polarization is a problem in both rich and poor countries. South Korea is no exception. South Korea's income/wealth imbalance has been sharply increasing over the past decade, leading to an extreme sense of self-doubt among those without assets (especially younger generations) that this life is doomed. The inheritance of wealth, especially as baby boomers retire in droves after amassing the greatest wealth in human history, is likely to accelerate inequality in the future. In a world where inherited wealth, rather than individual effort and ability, is the primary determinant of an individual's life, some fear that income disparity could threaten social stability in the future. MIT Professor Abhijit Banerjee is an economist who believes in "good economics in hard times. Winner of the 2019 Nobel Prize in Economics, he is leading the global discourse on inequality. In this session, he will be in conversation with Yoonjae Whang, Professor of Economics at Seoul National University, who has used econometrics to understand the causes and solutions to some of the most pressing socio-economic issues, including optimal asset allocation, income inequality, youth poverty, and aging. The session will offer insights into inequality, including whether blindly chasing high economic growth rates is desirable and whether a universal "basic income" is appropriate for South Korean society. #inequality #abhijit #economics ☆ WKF | http://www.wkforum.org/WKF/2021/kr/ ☆ Instagram | https://www.instagram.com/worldknowledgeforum/ ☆ Youtube│https://www.youtube.com/wkforum ✻ World Knowledge Forum's lecture contents are copyrighted by Maekyung Media Group. Acts such as illegal downloading, re-uploading, and re-processing are prohibited.

To register for the 2015 course, visit https://www.edx.org/course/justice-harvardx-er22-1x-0. PART ONE: THE MORAL SIDE OF MURDER If you had to choose between (1) killing one person to save the lives of five others and (2) doing nothing even though you knew that five people would die right before your eyes if you did nothing—what would you do? What would be the right thing to do? Thats the hypothetical scenario Professor Michael Sandel uses to launch his course on moral reasoning. After the majority of students votes for killing the one person in order to save the lives of five others, Sandel presents three similar moral conundrums—each one artfully designed to make the decision more difficult. As students stand up to defend their conflicting choices, it becomes clear that the assumptions behind our moral reasoning are often contradictory, and the question of what is right and what is wrong is not always black and white. PART TWO: THE CASE FOR CANNIBALISM Sandel introduces the principles of utilitarian philosopher, Jeremy Bentham, with a famous nineteenth century legal case involving a shipwrecked crew of four. After nineteen days lost at sea, the captain decides to kill the weakest amongst them, the young cabin boy, so that the rest can feed on his blood and body to survive. The case sets up a classroom debate about the moral validity of utilitarianism—and its doctrine that the right thing to do is whatever produces "the greatest good for the greatest number."

Start the Ultimate Review Packet for FREE https://www.ultimatereviewpacket.com/ In this video, I quickly cover all the concepts and graphs that you will see in an AP macroeconomics or college-level introductory macroeconomics course. Don't take notes. Just get the big picture. *Note* At 25:48, the signs are reversed. I talk about scarcity, opportunity cost, the PPC, comparative advantage, supply and demand, GDP, unemployment, inflation, aggregate demand and supply, LRAS, Phillips Curve, economic growth, fiscal policy, money, banking, monetary policy, the Money Market, loanable funds, the balance of payments, and exchange rates. Wow! That's a lot of stuff. Good luck on your test! Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c

Raj Chetty Fall 2012

MIT 14.01 Principles of Microeconomics, Fall 2018 Instructor: Prof. Jonathan Gruber View the complete course: https://ocw.mit.edu/14-01F18 YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62oJSoqb4Rf-vZMGUBe59G- In this video, Prof. Gruber discusses the details of the course, what microeconomics is, and the concept of supply and demand. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.

Explore the model known as doughnut economics, which aims to meet the needs of people without overshooting Earth's ecological limits. -- Can we call any economy “healthy” in the face of dwindling resources and growing inequality? What if we cut off our addiction to endless growth, and used a new compass for modern prosperity? One such compass is known as “doughnut economics,” which aims to meet the needs of people without overshooting Earth's ecological limits. Explore how this model reframes our economic systems. This video is based on interview excerpts from the TED Interview podcast. The episode is called “Kate Raworth argues that rethinking economics can save our planet” Listen to the full episode or read the transcript here: https://www.ted.com/talks/the_ted_interview_kate_raworth_argues_that_rethinking_economics_can_save_our_planet Directed by Vicente Nirō, AIM Creative Studios. This video made possible in collaboration with World Economic Forum Learn more about how TED-Ed partnerships work: https://bit.ly/TEDEdPartners Support Our Non-Profit Mission ---------------------------------------------- Support us on Patreon: http://bit.ly/TEDEdPatreon Check out our merch: http://bit.ly/TEDEDShop ---------------------------------------------- Connect With Us ---------------------------------------------- Sign up for our newsletter: http://bit.ly/TEDEdNewsletter Follow us on Facebook: http://bit.ly/TEDEdFacebook Find us on Twitter: http://bit.ly/TEDEdTwitter Peep us on Instagram: http://bit.ly/TEDEdInstagram ---------------------------------------------- Keep Learning ---------------------------------------------- View full lesson: https://ed.ted.com/lessons/how-do-we-create-a-better-economy Dig deeper with additional resources: https://ed.ted.com/lessons/how-do-we-create-a-better-economy#digdeeper Animator's website: http://aimcreativestudios.com Music: https://soundcloud.com/aim-music ---------------------------------------------- Thank you so much to our patrons for your support! Without you this video would not be possible! Ovidiu Mrd, paul g mohney, Steven Razey, Nathan Giusti, Helen Lee, Anthony Benedict, Karthik Balsubramanian, Annastasshia Ames, Amy Lopez, Vinh-Thuy Nguyen, Liz Candee, Ugur Doga Sezgin, Karmi Nguyen, John C. Vesey, Yelena Baykova, Nick Johnson, Carlos H. Costa, Jennifer Kurkoski, Ryan B Harvey, Akinola Emmanuel, Jose Arcadio Valdes Franco, Sebastiaan Vleugels, Karl Laius, JY Kang, Abhishek Goel, Heidi Stolt, Nicole Sund, Karlee Finch, Mario Mejia, Denise A Pitts, Doug Henry, Keven Webb, Mihai Sandu, Deepak Iyer, Javid Gozalov, Kyanta Yap, Rebecca Reineke, William Biersdorf, Patricia Alves Panagides, Yvette Mocete, Cyrus Garay, Samuel Barbas, LadyGeek, Marin Kovachev, Penelope Misquitta, Hans Peng, Gaurav Mathur, Erik Biemans, Tony, Michelle, Katie and Josh Pedretti and Hoai Nam Tran.

Visit http://TED.com to get our entire library of TED Talks, subtitles, translations, personalized Talk recommendations and more. Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that "greed is good" -- an idea he describes as not only morally corrosive, but also scientifically wrong -- and lays out a new theory of economics powered by reciprocity and cooperation. The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and more. You're welcome to link to or embed these videos, forward them to others and share these ideas with people you know. For more information on using TED for commercial purposes (e.g. employee learning, in a film or online course), please submit a Media Request here: https://media-requests.ted.com/ Follow TED on Twitter: http://www.twitter.com/TEDTalks Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: https://www.youtube.com/TED

Visit http://TED.com to get our entire library of TED Talks, transcripts, translations, personalized Talk recommendations and more. Where does wealth come from, who creates it and what destroys it? In this deep dive into global economics, Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems -- so capitalism can be steered toward a bold, innovative and sustainable future that works for all of us. The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and more. You're welcome to link to or embed these videos, forward them to others and share these ideas with people you know. For more information on using TED for commercial purposes (e.g. employee learning, in a film or online course), submit a Media Request here: http://media-requests.TED.com Follow TED on Twitter: http://twitter.com/TEDTalks Like TED on Facebook: http://facebook.com/TED Subscribe to our channel: http://youtube.com/TED