Crash Course Economics

tv show

poster for Crash Course Economics

35 total episodes

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1 seasons

First Aired July 08, 2015

Overview

In which Adriene Hill and Jacob Clifford teach you all about economics.

Price Controls, Subsidies, and the Risks of Good Intentions poster unavailable

Price Controls, Subsidies, and the Risks of Good Intentions

Season 1 - Episode 20 - 0h 10m

Air Date

January 13, 2016

Overview

So, during times of inflation or deflation, why doesn't the government just set prices? It sounds reasonable, but price ceilings or floors just don't work. Adriene and Jacob explain why. Subsidies, however, are a little different, and sometimes they even work. We'll also explain that. Today you'll learn about stuff like price controls, deadweight loss, subsidies, and efficiency.