What lessons can economics learn from art? Megan Wilkens examines how, historically, trends in the art world have offered a prescient window into wide-ranging socio-economic shifts in society. If economists look closely at art, they might be privy to unexpected changes in cultural behavior.
Can we call any economy "healthy" in the face of dwindling resources and growing inequality? What if we cut off our addiction to endless growth, and used a new compass for modern prosperity? One such compass is known as "doughnut economics," which aims to meet the needs of people without overshooting Earth's ecological limits. Explore how this m...
Loretta Napoleoni details her rare opportunity to talk to the secretive Italian Red Brigades -- an experience that sparked a lifelong interest in terrorism. She gives a behind-the-scenes look at its complex economics, revealing a surprising connection between money laundering and the US Patriot Act.
Lord Nicholas Stern studies the economics of climate change. He is a co-author of the position paper presented to the UN's 2014 Climate Summit, called "The New Climate Economy."
Resource inequality is one of our greatest challenges, but it's not unique to humans. Like us, mycorrhizal fungi that live in plant and tree roots strategically trade, steal and withhold resources, displaying remarkable parallels to humans in their capacity to be opportunistic (and sometimes ruthless) -- all in the absence of cognition. In a min...
Data visionary Hans Rosling's favorite talks keep an eye toward health, economics and population growth -- from business in Africa to youth culture in China.
Endless growth may actually be hurting our economy -- and our planet. Economist Kate Raworth makes a case for "doughnut economics": an alternative way to look at the economic systems ruling our societies and imagine a sustainable future for all. (Audio only)
During the 1600's, the exotic tulip became a nationwide sensation; some single bulbs even sold for ten times the yearly salary of a skilled craftsman. Suddenly, though, the demand completely plummeted, leaving the tulip market in a depression. What happened? Prateek Singh explains the peak of a business cycle, commonly referred to as a mania. [D...
Using examples from vacations to colonoscopies, Nobel laureate and founder of behavioral economics Daniel Kahneman reveals how our "experiencing selves" and our "remembering selves" perceive happiness differently. This new insight has profound implications for economics, public policy -- and our own self-awareness.
Shlomo Benartzi uses behavioral economics to study how and why we plan well for the future (or fail to), and uses that to develop new programs to encourage saving for retirement.
In 1981, the US economy was struggling: unemployment rates were climbing and inflation had peaked at an all-time high. To combat these issues, President Reagan introduced a number of economic policies, including tax cuts for large corporations and high-income earners. But did these policies actually stimulate economic growth or improve circumsta...
Millennials and Gen Z will inherit 30 trillion dollars of wealth in the coming decades, and what they do with their money will have an incredible impact on the future of the planet, says impact investor Miguel Goncalves. He makes a case for ESG investing -- or putting money in funds that weigh environmental and social factors -- and proposes a s...
Income and wealth inequality are not new. In fact, economists and historians who have charted economic inequality throughout history haven't found a single society without it. Which raises a bleak question: is inequality ... inevitable? Explore how economic inequality can be measured and how it is impacted by different governmental policy choice...
In 2013, international migrants sent $413 billion home to families and friends — three times more than the total of global foreign aid (about $135 billion). This money, known as remittances, makes a significant difference in the lives of those receiving it and plays a major role in the economies of many countries. Economist Dilip Ratha describes...
Where does wealth come from, who creates it and what destroys it? In this deep dive into global economics, Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems -- so capitalism can be steered toward a bold, innovative and sustainable future that works for all of us.
It's easy to imagine saving money next week, but how about right now? Generally, we want to spend it. Economist Shlomo Benartzi says this is one of the biggest obstacles to saving enough for retirement, and asks: How do we turn this behavioral challenge into a behavioral solution?
When you're working on a problem with lots of numbers, as in economics, cryptography or 3D graphics, it helps to organize those numbers into a grid, or matrix. Bill Shillito shows us how to work with matrices, with tips for adding, subtracting and multiplying (but not dividing!). [Directed by David Bernal, narrated by Bill Shillito].
It may seem that big problems require big solutions, but ad man Rory Sutherland says many flashy, expensive fixes are just obscuring better, simpler answers. To illustrate, he uses behavioral economics and hilarious examples.
What does the future of business look like? In an informative talk, Philip Evans gives a quick primer on two long-standing theories in strategy -- and explains why he thinks they are essentially invalid.
What if solving poverty, caring for nature and fostering well-being were the ultimate goals of the economy, instead of growth for its own sake? Environmentalist and economist Gaya Herrington proposes a shift in thinking from "never enough" to "enough for each," asking us to contemplate whether the end of exponential growth on a finite planet wil...
The author of "Investing in Kids," Timothy Bartik studies state and local economies -- and analyzes the benefits of preschool as an economic development program.
What can economists learn from linguists? Behavioral economist Keith Chen introduces a fascinating pattern from his research: that languages without a concept for the future -- "It rain tomorrow," instead of "It will rain tomorrow" -- correlate strongly with high savings rates.
It might sound like the plot of a movie, but economic crime is all around us — from drug trafficking and fraud to cybercrimes, tax evasion and more. Economic crime fighter Hanjo Seibert breaks down the complexities of money laundering and how we can all wield our collective power to dismantle the underworld economy and turn off the money tap for...