How The Economic Machine Works by Ray Dalio

http://www.economicprinciples.org | How the Economic Machine Works by Ray Dalio. The economy works like a simple machine. But many people don’t understand it…
Video Rating: 4 / 5

Free learning from The Open University http://www.open.edu/openlearn/money-management/money/economics — Ever shaken an invisible hand? Been flattened by a …

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19 comments

  1. The guy looks like the Philippine president who’s also an economics
    graduate.

  2. Benjamin Gustafsson

    Fast!!!

  3. #Capitalism #Markets #Economics #Inflation #Unemployment

  4. Commerce.. Pfff… An obsolete topic, and an obsolete idea. Adam Smith,
    that capitalist fool should’ve been ignored like any other of these greedy
    sons of bitches making the trouble. I wonder how people could believe that
    when they fuck things up many times over, they should still somehow expect
    things to get better. Must of some hell of a propaganda machine.

  5. Fast!!!

  6. Realizing that this isn’t a video on politics, but acknowledging that it is
    firmly tethered to politics may I suggest something to those willing to
    hear who may not have otherwise thought of it this way; don’t think about
    politics in the abstract as is so often done – personalize it.

    With that said, do you support me being shot dead if I don’t agree with
    your particular political opinion? That’s all the endless economics and
    jargon come down to.

    If you don’t, great – you’re a voluntarist!
    If you do, then we don’t need to pretend that this is a “discussion” in any
    meaningful sense. If you reserve the right to force me to buy what you’re
    trying to sell if in won’t buy it voluntary, then the interaction changes
    fundamentally and I don’t want any part of it. Practically speaking, what
    you’re selling can’t be that great if you need to put a gun to my head.
    With all the flak they get, even Walmart doesn’t have to do that with the
    crap they sell.

  7. Please do Ricardo’s law of rent – is I feel this issue is central to the
    issues we are facing today in high house prices and low economic growth

  8. Victor's Bookshelf

    I want to learn more about economics and this video helped. Although it was
    a bit too much information for me to swallow in such a short amount of
    time. I really enjoyed watching it nonetheless. :)

  9. watch it

  10. Agatha Ella Jadwiszczok

    Another terrific video!

  11. Economics brought to you in the most entertaining form imaginable: an
    animated short.

  12. Umm… Keynes didn’t think that way because he saw that “we’re all gonna
    die anyways” he thought that way because he believed the economy to be a
    relatively closed cycle.

  13. I just love this kind of funny educational videos. Another related series
    is the RSA Animated series on youtube – shortened talks with
    illuistrations.

  14. This video has made the concepts on Economics very easy understand

  15. Is this Mitchell?

  16. A great economics lesson, would have been easier to learn just watching
    this than going to eco class! 

  17. http://rt.com/usa/coburn-wastebook-facebook-taxes-503/
    Please spread the word:
    The U.S. government is trying to cut NASA’s funding into the research of
    printing food. It is being criticized as a $130,000 effort to print
    unecessary pizzas. In this report, they are saying that the national
    “defense” budget is too low to keep America’s ~1000 global military bases
    safe. Please support the reduction of subsidies for speculative arms
    dealers to sell bombers to psychopaths, and use that money to research
    improved production of food for the people of the world. Let us support an
    international effort into this research, and refuse to pay into further war
    profiteering at the expense of our children’s health.

  18. You should have stopped at :54 seconds into this video. The output of a
    free market (which we don’t have) exceeds that of a centrally planned
    economy every time. Not only that, but central planning leads to central
    power which leads inevitably to corruption and the crony capitalistic
    markets that we are left with.

  19. david is that you?

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