My favourite online videos
Internet is famous is for those videos of skateboarding cats. Fortunately you can find some really interesting videos. This week Ted had this video from the Swedish economist Hans Rosling extolling the virtues of the washing machine. If you go to the RSA Animate site, you will also find some excellent stuff. I also try to include links in my blog. Here are a few of my favourites from the last three years:
Fear the Boom and Bust. This is a rap video created by Russ Roberts and John Papola which compares the Keynesian and Austrian approaches to business cycles. It sounds dry but you can actually learn a lot.
The Rational Optimist. Everybody is working for everybody else. Matt Ridley gives his positive take on human progress.
Killer Chic: Hollywood’s Sick Love Affair With Che Guevara. Reason.com had short video about Hollywood’s romanticisation of Guevara.
How I built a toaster — from scratch. The TED website features this talk given by Thomas Thwaites, a designer who is trying to build a toaster from scratch. This may seem simple but it is an incredibly complex operation involving mining the raw
We are the web. A video about emergent order and the web.
Mob (a near-future science fiction story) by Tom Scott. Vimeo has this video about a high tech dystopia.
Disastrous Economic Fallacies – Terror as Stimulus? Tom Palmer, attacks the broken window fallacy. The parable of the broken window was created by Frédéric Bastiat in his 1850 essay Ce qu’on voit et ce qu’on ne voit pas (That Which Is Seen and That Which Is Unseen) to show the hidden costs associated with destroying property of others. Thus some economists argue that destruction can be good for boosting the economy.