Video

November 21, 2017

The tradeoff between fun and wages

Note: This is post #57 in a weekly video series on basic microeconomics. If you had to choose, would you rather be a sewer inspector spending your days underground or a lifeguard on the beach? Continue Reading...

November 16, 2017

Video: Protesters greet Education Secretary Betsy DeVos at Acton Institute event in Grand Rapids

On October 18 2017, United States Secretary of Education and former member of the Acton Institute board of directors Betsy DeVos addressed an audience of nearly 1,000 people at Acton’s 27th Anniversary Celebration at the DeVos Place convention center in Grand Rapids, Michigan. Continue Reading...

November 14, 2017

How the ‘sheepskin effect’ signals education and affects wages

Note: This is post #56 in a weekly video series on basic microeconomics. Why do wages in America differ greatly among workers? One reason, says economist Alex Tabarrok, includes differences in human capital—tools of the mind. Continue Reading...

October 26, 2017

Business as a work of justice

Justice is essential to how we go about our work, says Katherine Leary Alsdorf. In this video produced by Values & Capitalism, Alsdorf and others discuss how Christian business leaders can offer a living witness of Christ’s love by utilizing their social and material capital in love and justice. Continue Reading...

October 10, 2017

Does tying benefit social welfare?

Note: This is post #52 in a weekly video series on basic microeconomics. What is tying and how is this a form of price discrimination? An example of a tied good is an HP printer and the HP ink you need for that printer. Continue Reading...

October 03, 2017

The social welfare of price discrimination

Note: This is post #51 in a weekly video series on basic microeconomics. Is price discrimination bad for society? How does it affect output, and what is its effect on social welfare? Continue Reading...

September 29, 2017

Why is health insurance so complicated?

Car insurance and life insurance are rather simple. So why is health insurance so complicated? And why can’t it be more like other forms of insurance? Lanhee Chen, a fellow at the Hoover Institution, explains what make health insurance so different—and so complex. Continue Reading...

September 18, 2017