In this Stossel in the Classroom segment, John Stossel analyzes political promises and looks at how government intervention actually can harm business. A good portion of the video focuses on how the invisible hand dictates much of what we see occurring in our lives and how centrally planned economies like the Soviet Union break down.
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.
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.
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.
ABC News: Are Keys to a Happy Marriage in Your Wallet?
Author of “Spousonomics” says the secret is a life of economic analysis.
ABC News: Mission Impossible: Lost in New York
12 strangers, divided into pairs must find the other person in New York City with only $100 and no idea who they’re looking for. This simultaneous game gives student a peek into a different type of game compared to what is traditionally taught in a principles course. The idea of common perceptions is that even though we all come from different backgrounds, we tend to focus on the same landmarks when trying to make decisions.
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