Economic Schools of Thought: Crash Course Economics #14
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other economic ideas out there, and...
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Welcome to Crash Course Economics. I'm Adriene Hill. And I'm Jacob Clifford. Now, believe it or not, we actually read many of your comments on YouTube! First! Some are productive, and others, not so much. This guy looks like Mark Cuban, but not as attractive or rich. We've noticed that some people are disappointed we haven't covered the different economic ideologies. You're ignoring the Austrian School! What is this Keynesian trash? Well guess what, today we're gonna talk about other schools of economic thought. [Theme Music] To understand these economic theories, we're gonna have to jump into a little bit of history. In 1798, a British economist named Thomas Malthus argued that population growth would outpace food production, s...
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Welcome to Crash Course Economics. I'm Adriene Hill. And I'm Jacob Clifford. Now, believe it or not, we actually read many of your comments on YouTube! First! Some are productive, and others, not so much. This guy looks like Mark Cuban, but not as attractive or rich. We've noticed that some people are disappointed we haven't covered the different economic ideologies. You're ignoring the Austrian School! What is this Keynesian trash? Well guess what, today we're gonna talk about other schools of economic thought. [Theme Music] To understand these economic theories, we're gonna have to jump into a little bit of history. In 1798, a British economist named Thomas Malthus argued that population growth would outpace food production, s...
