It just occurred to me today that, although I’ve been good about making new videos, I’ve been bad about posting them here so that readers know that they are available. A lot of people have figured out that they can subscribe to my YouTube channel in order to get updates directly through YouTube, but I wanted to make sure that everyone is kept in the loop. So here’s what’s new:
The Quantity Theory of Money: What is the long-run relationship between changes in the money supply and inflation?
The Quantity Equation Approximation: How does the math in the quantity theory of money work exactly?
The Lorenz Curve: How do economists represent income distribution graphically?
The Gini Coefficient: How can income inequality be represented by a single statistic?
Introduction to Welfare Analysis: How do economists measure how much value markets create for society?
The Fisher Effect: What is the relationship between inflation and interest rates?
Cost Curves: How are different forms of production cost represented graphically?
What Is Money?: What counts as money to economists, and what functions does money serve?