Teen Titans Go — The Gold Standard

The gang tries to catch a leprechaun for St. Patrick’s Day so that they can get his three wishes. In their quest, Beast Boy uses one of his wishes to become a leprechaun and beings to “live the leprechaun life” which includes a lust gold. Beast boy sells all of his friend’s stuff in exchange for gold. He then announces that his goal is to get the government back on the gold standard and attempt to fix the exchange rate. They go on to explain the rationale behind the gold standard and Nixon’s authorization to end the gold standard.

Thanks to “Mike on Twitter” for posting about the clip!

Teen Titans on the Gold Standard pic.twitter.com/8TyGOOTdVL
— 𝕄𝕚𝕜𝕖 (@mikeinspace) August 2, 2020

2020 0

Rick and Morty — Bartering for Bread

The clip shows a good example of the double coincidence of wants and how a barter system is difficult to maintain. The seller of bread needs somebody to take care of his kids and the guy who can take care of his kids wants extra bread. They need what the other has and have what the other wants. The trouble is determining how much work is appropriate to get a loaf of bread and then managing the system to make sure everyone gets paid.

Thanks to Mathew Abraham for the suggestion

2018 0

Teen Titans Go! — Bees as Money

This was forwarded along by the good folks at Norton Economics. The characters on the show go on to discuss bees as currency, which would be a great intro for a principle of macroeconomics course.

2015 0