EconClips
We teach Austrian Economics in a fun way! How is wealth created? ❓ Saving and investing is the key to personal wealth as well as the economic growth. 👍 How prices are determined? What can we learn from knowing the price discovery process? 😎 The Great Recession was initiated by bursting of the housing bubble. But why there was a housing bubble in the first place? Opportunity cost is the road not taken. Every action has a cost! How do we determine the value of things? How to explain the "water and diamonds paradox"? The law of diminishing marginal utility gives us an answer! Learn Austrian Economics in a fun way! 🎞

✊🏻 Why not SOCIALISM?

What is a bank run and what can cause it?

What is WRONG With the Invisible Hand?!

Trickle-Down Theory - Economic Theory or Political Straw Man?

Can there be not enough money? Can the amount of money be constant?

Is poverty hereditary? And what about wealth?

2 Richest Countries in the World (per capita) 🇨🇭 🇱🇺

🧘 Nirvana Fallacy | Is "better" an enemy of the "good"?

🧟 Zombie Companies | Are We Facing "The Zombie Apocalypse"?

🦇 The Batman and Public Choice Theory | How to Fight Corruption?

5️⃣ Assets for Protection Against Inflation | How To Protect Your Money From Inflation ?

😱 Central Bank Digital Currency - CBDC | Dangerous Idea?

⛓️ Middle Income Trap | Caught in a trap?

The Myth of "The Blessings of War"

💀 Who Is Under The Resource Curse? | 2 Causes of Curse

3 Poorest Counties in the World | Causes of Poverty

🇷🇺 Russian Sanctions Overview | List of sanctions imposed on Russia

🔻 Is currency depreciation good for exports? | Currency depreciation

⚠ Are sanctions as effective as WAR?

🧾 Legislative Inflation - Is There Any Solution?

💬 Why Economists Disagree? | 2 main reasons

🎲 Speculation - is it good for the economy?

🎯 The Role of the Entrepreneur | Where Does Profit and Loss Come From?

👑 Who Has The Power on the Market? | Market roles

💲 Why Wages Differ Between Countries? | 2 Main Factors

🌐 How can you build a civilization? | Time preference

🔺 Ponzi Scheme and Pyramid Scheme | How to avoid it?

👞 How are monopolies formed?

⚙ Lean Manufacturing | A pursuit of perfection

Why do we need accounting?