Sam explains how he met Ross Ulbricht, founder of Silk Road, and how he discovered Bitcoin. Ross Ulbricht was arrested for running the largest black market m...
In which sectors has the Indian economy shown the most recent success?Development Economics course: http://mruniversity.com/courses/development-economics-0Ne...
Development Economics course: http://mruniversity.com/courses/development-economics-0Next video: http://mruniversity.com/courses/development-economics/labor-...
In the 1970s, the food situation in Bangladesh was quite grim. It had some of the worst agricultural policies in the world, and market price signals were not...
A common argument is made that markets and capitalism will lead to too little cultural diversity. While it's true that diversity across societies (how countr...
How do we know that trade is good for economic development? This video covers a few natural experiments, comparing GDP in countries that face high trade barr...
How much competition should developing countries allow from large foreign retailers like Wal-Mart? This video covers both the benefits and drawbacks in conte...
Bollywood has become a national and global success, with Mumbai at the center of making and distributing movies. What are some of the factors that have led t...
Which countries gain the most from foreign direct investment (FDI)? Which gain the least? FDI reallocates production away from the home country, sharing tech...
What are predictors of pro or anti-free trade sentiment? This video discusses data from the paper "Why are Some People (and Countries) more Protectionist tha...
A maquiladora is a Mexican plant that imports inputs from the US, processes them in a way that adds value, and then exports the finished goods back to the US...
How has NAFTA affected Mexico's economy? Mexico's policymakers expected that, with NAFTA, Mexico's per capita income would catch up with the average incomes ...
Has NAFTA caused unemployment in Mexico's agricultural sector? What happened to agricultural prices in the US and Mexico after NAFTA? Has NAFTA led to gains ...
The economics of offshoring includes several different elements discussed in previous videos, including foreign direct investment, comparative advantage, the...
What are the economic, political, and philosophical issues at stake when we examine competing theories of international trade? This video takes a look at how...
Why did trade fall so fast during the recent Great Recession? Global trade fell 30% between 2008-2009. One reason is that trade in durable goods — like cars ...
Virtual water refers to the practice of trading commodities that contain water. It's oftentimes not easy to trade water from one country to another because o...
This video cover the Rybczynski Theorem, which asks: what happens if a factor of production increases in one country? Under some assumptions, the theorem hyp...
This video covers how differences in factor endowments affect trade, as is demonstrated through the Heckscher-Ohlin Theorem. Under some simple assumptions, t...
To what extent does trade bring returns to labor and capital closer together across nations? This video covers how trade equalizes factor prices and what thi...
Specific Factors Models are based on the basic point that not all factors of production are mobile. Immobile factors are affected differently whether imports...
In the early 18th century, India was a global manufacturing powerhouse. Indian agriculture and textile manufacturing had high productivity. In 1750, 25% of t...
Friedrich List, a 19th century German economist, is best known for his critique of free trade. In many ways, his work responds to Adam Smith's theories on gr...
South Korea has become one of the biggest economic success stories since the 1960s, making it hard to believe that at one point, North Korea was more advance...
This video takes a look at a section of Robert Torrens' classic economic text, "The Budget." Torrens was a strong advocate of free trade. While many attribut...