Stephen Colbert interviews economist Tim Harford about his then-recent book, Logic of Life. Harford and Colbert discuss a number of items that people may consider irrational, but actually turn out to be rational like voting, unprotected sex, and smoking. The entire discussion focuses on the central idea of the definition of rationality.
This clip presents a curious problem, class elections take place and one candidate is wildly more popular; however, the election doesn’t turn out the way one would expect. Ask your students what exactly is happening in this clip; and, if they’ve ever experienced it. This clip is good for teaching Free Riding as it pertains to voting and irrational voting.
Luccasen, R. Andrew, and M. Kathleen Thomas. “Simpsonomics: Teaching Economics Using Episodes of The Simpsons.” The Journal of Economic Education 41.2 (2010): 136-49. Print.
Find more at Adrian Fohr’s Critical Common’s page.