• Labor Markets and Minimum Wage: Crash Course Economics #28

    How much should you get paid for your job? Well, that depends on a lot of factors. Your skill set, the demand for the skills you have, and what other people are getting paid around you all factor in. In a lot of ways, labor markets work on supply and demand, just like many of the markets we talk about in Crash Course Econ. But, again, there aren't a lot of pure, true markets in the world. There are all kinds of oddities and regulations that change the way labor markets work. One common (and kind of controversial one) is the minimum wage. The minimum wage has potential upsides and downsides, and we'll take a look at the various arguments for an against it. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Pa...

    published: 27 Mar 2016
  • Labour market

    The concept of labor covers many aspects. Discover the labor market in a fictional country where an industry is faced with a shock of innovation. What then makes the adjustment of supply and demand work? What are the different types of public policies most often considered? What are the consequences of this adjustment and policies for workers, for businesses and for the States? After seeing this video accessible to everyone, you will learn more about the labor that is "a market but also many other things." Source: Banque de France - Cité de l'Économie et de la Monnaie, in partnership with Universcience (This film was presented in 2013 at the exhibition "All you need to know about eco­nomics" At the Cité des sciences).

    published: 25 Jul 2013
  • How would brexit affect UK labour market - Econ I

    Dominik, Felix, Jannic, Juan, Lorenz ESADE BBA1 - Econ I Section D Bibliography: Links: http://www.bbc.com/news/uk-politics-37507129 http://www.bloomberg.com/news/articles/2016-07-05/quicktake-q-a-how-u-k-and-europe-might-relate-after-breakup (Three models for Brexit, Canada, Switzerland, Norway) http://www.bloomberg.com/news/articles/2016-10-17/what-makes-a-hard-brexit-harder-than-a-soft-one-quicktake-q-a (Hard Brexit) http://www.cbi.org.uk/news/growth-softens-in-service-sector-as-optimism-falls-cbi/ (current impact/atmosphere) http://cep.lse.ac.uk/pubs/download/brexit03.pdf http://cep.lse.ac.uk/pubs/download/cp478.pdf http://www.compas.ox.ac.uk/media/BB-2016-Brexit_UK_Labour_Market-1.pdf http://fortune.com/2016/06/24/london-brexit-jobs/ (Banks leaving) https://www.ft.com/content/37d0...

    published: 11 Nov 2016
  • AP Microeconomics 2014 FRQ #2: Labor Markets and Min. Wage

    Need more help studying for AP Microeconomics? Go to http://www.learnerator.com/ap-microeconomics and get access to hundreds of questions and detailed written/video explanations to help you in your test prep! All easy and medium questions are free! Start now at http://www.learnerator.com/ap-microeconomics This Learnerator video walks you through how to solve the second free-response question for the 2014 AP Microeconomics Exam. This question is related to labor market structures and the distinction between being a price taker and a price setter. This is the second video of the 2014 AP Micro FRQ Solutions.

    published: 17 Dec 2014
  • Markets, Efficiency, and Price Signals: Crash Course Economics #19

    Adriene and Jacob teach you all about markets. So, in free market(ish) economies like the United States and most of the world, markets are a big deal. Markets work to produce the stuff that consumers want, and that society needs. Today we'll talk about productive and allocative efficiency, skinny jeans, price signals, and more in this information-dense installment of Crash Course. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan ...

    published: 06 Jan 2016
  • Labor Struggle in a Free Market

    Written by Kevin Carson Read by Stephanie Murphy Edited by Nick Ford Online article: http://radgeek.com/gt/2011/10/Markets-Not-Capitalism-2011-Chartier-and-Johnson.pdf Also available at:http://thumbjig.blogspot.com/2008/11/labor-struggle-in-free-market.html You can find the audiobook here (and can donate to Stephanie!): http://www.porctherapy.com/audiobooks.. Excerpt: "The problem is that, to date, bosses have fully capitalized on the potential of the incomplete contract, whereas workers have not. And the only thing preventing workers from doing so is the little boss inside their heads, the cultural holdover from master-servant days, that tells them it’s wrong to do so. I aim to kill that little guy. And I believe that when workers fully realize the potential of the incomplete ...

    published: 09 Dec 2014
  • Milton Friedman on Labor Unions - Free To Choose

    In this classic narration from Free To Choose, Milton Friedman explains why labor unions can only get improved wages, benefits and conditions at the expense of others. Competition in the market has produced tremendous gains for workers over the years -- much more than any labor union (which is nothing more than a labor cartel designed to exclude workers and drive up costs for consumers and taxpayers). Check out our Facebook page here: https://www.facebook.com/FreeToChooseNetwork Visit our media website to find other programs here: http://freetochoosemedia.org/index.php Connect with us on Twitter here: https://twitter.com/FreeToChooseNet Learn more about our company here: http://freetochoosenetwork.org/ Shop for related products here: http://www.freetochoose.net/ Stream from FreeToCho...

    published: 23 Feb 2011
  • Economics: Understanding Labor Markets

    Alex Merced explains the economics of Labor Markets, Unions, and the Human side of the Labor issue. Join HayekForums.com and AlexMercedForums.com

    published: 13 Mar 2012
  • labor market equilibrium (with sector-specific capital)

    Analysis of two labor markets simultaneously where the economy wide wage equates the value of marginal product of labor across industries. The video also depicts the returns to capital in this context.

    published: 21 Apr 2014
  • Should We Restrict Immigration or Let the Free Market in Labor Work?

    Benjamin Powell vs. Scott Beaulier Resolved: “A free market in labor makes both the native population richer and reduces poverty worldwide.” Sunday, August 3rd at 10:45am ET | Calvin College | Grand Rapids, MI

    published: 04 Aug 2014
  • Why we are all free agents in today"s labor market

    Why everyone is now a free agent in today's era of globalization in the labor markets and how each of us must now plan for world without health care, pensions and lifetime employment with any one company

    published: 22 Feb 2017
  • Prof. David Card - Labor Market Impacts of Immigration

    Prof. David Card came to Lausanne on 27.05.16 and presented the current state of academic knowledge on the topic of the economical effect of immigration of the labour market, a subject that is part of labor economics, his domain of expertise. More infos on http://uthink.ch/events

    published: 06 Aug 2016
  • Debate: Let Anyone Take A Job Anywhere

    If we value a free market in goods and free movement of capital, should we embrace the free movement of labor? Reciprocal treaties would allow citizens of the U.S. and other countries to work legally across borders. Would the elimination of barriers in the labor market depress wages and flood the marketplace with workers? Or would the benefits of a flexible labor supply be a boon to our economy, all while raising the standard of living for anyone willing to work?

    published: 31 Oct 2013
  • Power of the Market - Immigration

    Milton Friedman discusses the situation regarding immigration restrictions and a free labor market. (18 of 30) http://www.LibertyPen.com Source: Free To Choose Buy it: http://www.freetochoose.net/store/index.php?cPath=21

    published: 20 Oct 2008
  • Using the budget constraint with Labor/Leisure Time.

    This video will show you the idea of using the budget constraint framework with labor-leisure time.

    published: 22 Jan 2011
  • Economics A2 Level Unit 3 - The Labour Market: Wage Determination

    This is where it starts to get interesting. One horrific diagram for Trade Unions and monopsonies but the rest is fun fun fun...

    published: 27 May 2015
Labor Markets and Minimum Wage: Crash Course Economics #28

Labor Markets and Minimum Wage: Crash Course Economics #28

  • Order:
  • Duration: 10:38
  • Updated: 27 Mar 2016
  • views: 299422
videos
How much should you get paid for your job? Well, that depends on a lot of factors. Your skill set, the demand for the skills you have, and what other people are getting paid around you all factor in. In a lot of ways, labor markets work on supply and demand, just like many of the markets we talk about in Crash Course Econ. But, again, there aren't a lot of pure, true markets in the world. There are all kinds of oddities and regulations that change the way labor markets work. One common (and kind of controversial one) is the minimum wage. The minimum wage has potential upsides and downsides, and we'll take a look at the various arguments for an against it. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
https://wn.com/Labor_Markets_And_Minimum_Wage_Crash_Course_Economics_28
Labour market

Labour market

  • Order:
  • Duration: 5:52
  • Updated: 25 Jul 2013
  • views: 39085
videos
The concept of labor covers many aspects. Discover the labor market in a fictional country where an industry is faced with a shock of innovation. What then makes the adjustment of supply and demand work? What are the different types of public policies most often considered? What are the consequences of this adjustment and policies for workers, for businesses and for the States? After seeing this video accessible to everyone, you will learn more about the labor that is "a market but also many other things." Source: Banque de France - Cité de l'Économie et de la Monnaie, in partnership with Universcience (This film was presented in 2013 at the exhibition "All you need to know about eco­nomics" At the Cité des sciences).
https://wn.com/Labour_Market
How would brexit affect UK labour market - Econ I

How would brexit affect UK labour market - Econ I

  • Order:
  • Duration: 7:44
  • Updated: 11 Nov 2016
  • views: 715
videos
Dominik, Felix, Jannic, Juan, Lorenz ESADE BBA1 - Econ I Section D Bibliography: Links: http://www.bbc.com/news/uk-politics-37507129 http://www.bloomberg.com/news/articles/2016-07-05/quicktake-q-a-how-u-k-and-europe-might-relate-after-breakup (Three models for Brexit, Canada, Switzerland, Norway) http://www.bloomberg.com/news/articles/2016-10-17/what-makes-a-hard-brexit-harder-than-a-soft-one-quicktake-q-a (Hard Brexit) http://www.cbi.org.uk/news/growth-softens-in-service-sector-as-optimism-falls-cbi/ (current impact/atmosphere) http://cep.lse.ac.uk/pubs/download/brexit03.pdf http://cep.lse.ac.uk/pubs/download/cp478.pdf http://www.compas.ox.ac.uk/media/BB-2016-Brexit_UK_Labour_Market-1.pdf http://fortune.com/2016/06/24/london-brexit-jobs/ (Banks leaving) https://www.ft.com/content/37d05db0-a1d3-11e6-82c3-4351ce86813f?accessToken=zwAAAV-KgC6Xk8830F2wodMR5tOCw0NRzoaBP88WUj-4onQR5tOCw0NRzoaBP89Tek9WorYR5tOqg7y1jR0hkw.MEYCIQCaq-qeoYiKYD0l-gXnPULcZqSXwlRfLOCGk9a8JKvMjQIhAOILIeMbwpG5y43gvB0jyrjmUaKXc05XQDnBpA8-i3PE&spoor-id=citorua9o00003kdkofqjar8a&ftcamp=lead_gen/email/lightsignup/lightsignup/lightsignup/auddev&utm_source=lightsignup&utm_medium=email&utm_term=lightsignup&utm_campaign=lightsignup (Financial Sector) http://www.independent.co.uk/news/uk/politics/brexit-hard-soft-what-is-the-difference-uk-eu-single-market-freedom-movement-theresa-may-a7342591.html (Hard Brexit, Soft Brexit) http://www.independent.co.uk/news/uk/politics/eu-referendum-immigration-immigrants-jobs-brexit-remain-what-happens-unemployment-a7091566.html (Immigrants don’t take jobs from UK nationals) http://www.investopedia.com/articles/investing/062616/how-will-brexit-affect-eu-employment-market-jpmgs.asp http://www.learningandwork.org.uk/our-thinking/blog/potential-labour-market-impact-brexit https://www.theguardian.com/politics/2016/oct/02/brexit-theresa-may-prioritises-immigration-curbs-over-free-movement (May quotes! http://ukandeu.ac.uk/brexit-migration-and-the-labour-market/ Books & articles: Brexit: Implications for Employers. By: Jay, Simon; Davies, Philip; Reid, Melissa. Employee Relations Law Journal. Winter2016, Vol. 42 Issue 3, p69-82. 14p. Brexit: What's at stake for the financial sector? By: Miethe, Jakob; Pothier, David. DIW Economic Bulletin. 8/5/2016, Vol. 6 Issue 31, p 364-372. 9p.
https://wn.com/How_Would_Brexit_Affect_UK_Labour_Market_Econ_I
AP Microeconomics 2014 FRQ #2: Labor Markets and Min. Wage

AP Microeconomics 2014 FRQ #2: Labor Markets and Min. Wage

  • Order:
  • Duration: 11:11
  • Updated: 17 Dec 2014
  • views: 2720
videos
Need more help studying for AP Microeconomics? Go to http://www.learnerator.com/ap-microeconomics and get access to hundreds of questions and detailed written/video explanations to help you in your test prep! All easy and medium questions are free! Start now at http://www.learnerator.com/ap-microeconomics This Learnerator video walks you through how to solve the second free-response question for the 2014 AP Microeconomics Exam. This question is related to labor market structures and the distinction between being a price taker and a price setter. This is the second video of the 2014 AP Micro FRQ Solutions.
https://wn.com/Ap_Microeconomics_2014_Frq_2_Labor_Markets_And_Min._Wage
Markets, Efficiency, and Price Signals: Crash Course Economics #19

Markets, Efficiency, and Price Signals: Crash Course Economics #19

  • Order:
  • Duration: 11:01
  • Updated: 06 Jan 2016
  • views: 264227
videos
Adriene and Jacob teach you all about markets. So, in free market(ish) economies like the United States and most of the world, markets are a big deal. Markets work to produce the stuff that consumers want, and that society needs. Today we'll talk about productive and allocative efficiency, skinny jeans, price signals, and more in this information-dense installment of Crash Course. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
https://wn.com/Markets,_Efficiency,_And_Price_Signals_Crash_Course_Economics_19
Labor Struggle in a Free Market

Labor Struggle in a Free Market

  • Order:
  • Duration: 30:05
  • Updated: 09 Dec 2014
  • views: 306
videos
Written by Kevin Carson Read by Stephanie Murphy Edited by Nick Ford Online article: http://radgeek.com/gt/2011/10/Markets-Not-Capitalism-2011-Chartier-and-Johnson.pdf Also available at:http://thumbjig.blogspot.com/2008/11/labor-struggle-in-free-market.html You can find the audiobook here (and can donate to Stephanie!): http://www.porctherapy.com/audiobooks.. Excerpt: "The problem is that, to date, bosses have fully capitalized on the potential of the incomplete contract, whereas workers have not. And the only thing preventing workers from doing so is the little boss inside their heads, the cultural holdover from master-servant days, that tells them it’s wrong to do so. I aim to kill that little guy. And I believe that when workers fully realize the potential of the incomplete labor contract, and become as willing to exploit it as the bosses have all these years, we’ll mop the floor with their asses. And we can do it in a free market, without any “help” from the NLRB. Let the bosses beg for help." Bitcoin tips welcome: 1N1pF6fLKAGg4nH7XuqYQbKYXNxCnHBWLB
https://wn.com/Labor_Struggle_In_A_Free_Market
Milton Friedman on Labor Unions - Free To Choose

Milton Friedman on Labor Unions - Free To Choose

  • Order:
  • Duration: 1:14
  • Updated: 23 Feb 2011
  • views: 54015
videos
In this classic narration from Free To Choose, Milton Friedman explains why labor unions can only get improved wages, benefits and conditions at the expense of others. Competition in the market has produced tremendous gains for workers over the years -- much more than any labor union (which is nothing more than a labor cartel designed to exclude workers and drive up costs for consumers and taxpayers). Check out our Facebook page here: https://www.facebook.com/FreeToChooseNetwork Visit our media website to find other programs here: http://freetochoosemedia.org/index.php Connect with us on Twitter here: https://twitter.com/FreeToChooseNet Learn more about our company here: http://freetochoosenetwork.org/ Shop for related products here: http://www.freetochoose.net/ Stream from FreeToChoose.TV here: http://freetochoose.tv/
https://wn.com/Milton_Friedman_On_Labor_Unions_Free_To_Choose
Economics: Understanding Labor Markets

Economics: Understanding Labor Markets

  • Order:
  • Duration: 10:15
  • Updated: 13 Mar 2012
  • views: 13455
videos
Alex Merced explains the economics of Labor Markets, Unions, and the Human side of the Labor issue. Join HayekForums.com and AlexMercedForums.com
https://wn.com/Economics_Understanding_Labor_Markets
labor market equilibrium (with sector-specific capital)

labor market equilibrium (with sector-specific capital)

  • Order:
  • Duration: 9:24
  • Updated: 21 Apr 2014
  • views: 1640
videos
Analysis of two labor markets simultaneously where the economy wide wage equates the value of marginal product of labor across industries. The video also depicts the returns to capital in this context.
https://wn.com/Labor_Market_Equilibrium_(With_Sector_Specific_Capital)
Should We Restrict Immigration or Let the Free Market in Labor Work?

Should We Restrict Immigration or Let the Free Market in Labor Work?

  • Order:
  • Duration: 43:59
  • Updated: 04 Aug 2014
  • views: 1208
videos
Benjamin Powell vs. Scott Beaulier Resolved: “A free market in labor makes both the native population richer and reduces poverty worldwide.” Sunday, August 3rd at 10:45am ET | Calvin College | Grand Rapids, MI
https://wn.com/Should_We_Restrict_Immigration_Or_Let_The_Free_Market_In_Labor_Work
Why we are all free agents in today"s labor market

Why we are all free agents in today"s labor market

  • Order:
  • Duration: 4:23
  • Updated: 22 Feb 2017
  • views: 72
videos
Why everyone is now a free agent in today's era of globalization in the labor markets and how each of us must now plan for world without health care, pensions and lifetime employment with any one company
https://wn.com/Why_We_Are_All_Free_Agents_In_Today_S_Labor_Market
Prof. David Card - Labor Market Impacts of Immigration

Prof. David Card - Labor Market Impacts of Immigration

  • Order:
  • Duration: 1:13:26
  • Updated: 06 Aug 2016
  • views: 706
videos
Prof. David Card came to Lausanne on 27.05.16 and presented the current state of academic knowledge on the topic of the economical effect of immigration of the labour market, a subject that is part of labor economics, his domain of expertise. More infos on http://uthink.ch/events
https://wn.com/Prof._David_Card_Labor_Market_Impacts_Of_Immigration
Debate: Let Anyone Take A Job Anywhere

Debate: Let Anyone Take A Job Anywhere

  • Order:
  • Duration: 1:45:27
  • Updated: 31 Oct 2013
  • views: 9750
videos
If we value a free market in goods and free movement of capital, should we embrace the free movement of labor? Reciprocal treaties would allow citizens of the U.S. and other countries to work legally across borders. Would the elimination of barriers in the labor market depress wages and flood the marketplace with workers? Or would the benefits of a flexible labor supply be a boon to our economy, all while raising the standard of living for anyone willing to work?
https://wn.com/Debate_Let_Anyone_Take_A_Job_Anywhere
Power of the Market - Immigration

Power of the Market - Immigration

  • Order:
  • Duration: 6:13
  • Updated: 20 Oct 2008
  • views: 7312
videos
Milton Friedman discusses the situation regarding immigration restrictions and a free labor market. (18 of 30) http://www.LibertyPen.com Source: Free To Choose Buy it: http://www.freetochoose.net/store/index.php?cPath=21
https://wn.com/Power_Of_The_Market_Immigration
Using the budget constraint with Labor/Leisure Time.

Using the budget constraint with Labor/Leisure Time.

  • Order:
  • Duration: 8:55
  • Updated: 22 Jan 2011
  • views: 17836
videos
This video will show you the idea of using the budget constraint framework with labor-leisure time.
https://wn.com/Using_The_Budget_Constraint_With_Labor_Leisure_Time.
Economics A2 Level Unit 3 - The Labour Market: Wage Determination

Economics A2 Level Unit 3 - The Labour Market: Wage Determination

  • Order:
  • Duration: 15:39
  • Updated: 27 May 2015
  • views: 11898
videos
This is where it starts to get interesting. One horrific diagram for Trade Unions and monopsonies but the rest is fun fun fun...
https://wn.com/Economics_A2_Level_Unit_3_The_Labour_Market_Wage_Determination
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