Zootopia — Barriers to Entry

In this particular scene from Zootopia, Nick Wilde and Finnick, buy a large popsicle to eventually meltdown and reform into small “Pawpsicles” to sell to other animals. This scene can be used when teaching barriers to entry since the popsicle market appears to have very few barriers. The two of them are able to access all the necessary ingredients and can setup their businesses outside the bank easily.

Thanks to Bryn Goldman for the clip suggestion!

Family Ties — Turtle Business

Alex Keaton talks to pre-schoolers about starting a business and taxes. It is a fun clip to show when introducing a discussion about taxes. To avoid any issues with political differences, I usually note beforehand that Michael J. Fox, who plays Alex, was a Democrat in real life but played a Republican on the show.

Thanks to Matt Rousu for the clip and description!

Johnny Cash — One Piece at a Time

Johnny Cash works out how he was able to build an entire car during his time at the assembly plant because he would steal the parts one piece at a time. He had a bit of trouble when it was time to register the car with the state because it came from so many different years.

Thanks for the clip Jim Bang!

Moneyball — Breaking Biases

While focused on how to improve team performance, this clip does a great job thinking about labor as being a derived demand and focusing on the production of inputs rather than the inputs themselves.

How to Make Everything: A $1500 Sandwich in Only 6 Months

 

This is a great clip to talk about opportunity costs and gains from trade. The author goes through the process of making an entire chicken sandwich from scratch. I often open lecture asking students how much it would cost them if they did it themselves and then we watch this video.

Up ↑