Moana: Where You Are

Moana is ready to leave the island, but Chief Tui wants to convince Moana that the village of Motunui is all she needs. The island’s resources are scarce: there are only so many people and so much land. The islanders rely on each other to produce products using the resources that are available.

A second consideration for this video is how it relates to command and control economies or economies that practice arbitrage. There may be other island economies nearby that Motunia could trade with, but they currently only consume everything they produce on their own.

2022 0

Russ Roberts — It’s a Wonderful Loaf

Russ Roberts spins a tale of a local bread market and wonders about the power of such a market. He hypothesizes the trouble that could occur if one person were given supreme power and became a bread czar. You can read the poem online as well, with commentary!

2019 0

John Stossel — Spontaneous Order

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.

2017 0