Economics class, Part I
Extract from Economics class with German Professor Ralf Boscheck, Lundin Family Chair of Economic and Business Policy, IMD. This class is taught in the first half of the Business Fundamentals.
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Economics class, Part I
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Wish my teacher was like it
Its nice class lucky people we had 5k students in class plus summer it was like oven no one can
stand it
Good, here is what most don't know https://rense.com/general96/Money&Power.pdf
Why is it missing a video segment between part one and two?!! I want to know the end of what the professor said!!! What is the impact of employment on the employed?????
So interesting. I would love to take this class on my way to a masters or PhD.
For markets to actually work, what is needed is systemic reform to remove all forms of monopoly privilege that reward rent-seeking. Labor unions are made necessary because of the monopoly privilege that is the foundation of property law and taxation. As Joseph Stiglitz has observed, all modern economies are now dominated by "rentier" interests (as Adam Smith predicted absent government creating under law and regulation "a fair field with no favors").
Is economics more related to math and numbers? Will
You recommend this class as an online course? I was about time macro economic but had to dropped it because it was too much time of tables which seem to be more related to statistics. .(
An economy can not exist without the state. That is a fact.
What may be the most critical externality in preventing the price mechanism to function to bring economies back to a state of general equilibrium is the potential to profit from "rent-seeking" rather than having to actually produce goods or deliver services. For example, the low effective rate of taxation on the potential annual rental value of locations in towns and cities rewards the hoarding of land and the acquisition of land for speculative purposes rather than new wealth production. Thus, this form of "rent-seeking" achieves a redistribution of wealth from producers to non-producers (i.e., to rentiers).
I find it scary sitting in a class like that with your name written and placed in front of you …
Portugal! ali :p
@thedustlord ikr,but i guess to get a degree,jobs required that now 0.0
Why pay thousands of dollars to go to college when you can just watch lectures on Youtube?!
I can't read that chickenscratch!