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.

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