Many have seen Jimmy McMillan as a meme, but so few have gotten to see him in the NYC debates. McMillan argues that rent in New York City is too high and should be regulated by the government. This is a good clip to use before a discussion on price ceilings and the normative argument of prices being ‘too high’.
ABC 20/20 — A Test on Looks
A 20/20 investigation into how we subtly discriminate based on looks when it comes to donating to charity. About 1/5 people in total donated money, but requesters who were rated as better looking raised more money than the other requesters. Better looking women were able to raise twice as much money as their counterparts.
John Stossel — Farm Subsidies
John Stossel analyzes the impact of farm subsidies. While the intentions are good, the results of these subsidies have predictable impacts.
Channel 4 News — A Grocery Store Without Foreign Products
When countries decide not to participate in international trade, we enter a world of autarky. Few of us realize the impact that international trade has on our daily lives. One grocery store in Germany decided to remove all foreign-made products from their shelves in order to make a statement about trade, immigration, and diversity.
This clip was originally recorded by instragram user @Heinzinger and then shown on a Germany news channel with the additional commentary added on top of the original video. Thanks to @NinjaEconomics for bringing this to my attention.
John Stossel — Price Gouging
Is price gouging evil or is it the sensible economic decision when shortages arise? In this series, John Stossel explores price gouging around natural disasters. This topic is really good for discussing the tradeoff between equity and efficiency.
CNN: Hunter says killing rhinos will help save species
While pretty controversial, this CNN clip does a great job of introducing the idea of property rights for endangered species.
CNN Debate: Donald Trump Doesn’t Understand the BLS
During the CNN GOP Debate in March, Donald Trump incorrectly categorizes discouraged workers as being statistically part of the employment rate because they are no longer considered unemployed. This classic mistake forgets that there are a class of people in the country who are not in the labor force.
ABC News: GW Bridge Painter: Dangerous Jobs
Hanging more than 600 feet above 24 lanes of traffic for these guys is just another day at the office.
CNN Money — DQ CEO Discusses Minimum Wage and Turnover
Dairy Queen CEO discusses how minimum wage impacts hiring and retention.
KXLY: Teen unemployment hits 44 year high
3 part series dedicated to exploring the effects of the US’s highest minimum wage on area businesses.