This course provides an overview of the topics relevant to economics in 2020. It covers topics such as derivatives, the European Union and Eurozone, the International Monetary Fund, quantitative easing, economic stimulus, negative interest rates, the minimum wage, populism in economics and politics, Thrift's Paradox, Main Street and Wall Street, moral hazard, systemic risk, currency wars, trade wars, the WTO, pump and dump schemes, tangible and intangible assets, bank runs, deposit guarantees, doing or fixing things yourself or hiring a professional, getting a job or working for yourself, buying a car new or used, Adam Smith's invisible hand, Democrats and Republicans, the universal basic income, affiliate marketing and MLM, Thomas Malthus, Bitcoin and Bitcoin cash, Ayn Rand, left and right-wing anarchism, market capitalization, taxes, altcoins, dollar cost averaging, the Treaty of Versailles, three types of money, the IMF's special drawing rights, payday loans, intrinsic value, third and fourth industrial revolutions, Franklin Delano Roosevelt's New Deal, positive and negative externalities, Say's Law, budget deficits and surpluses, the economics of the Vietnam War, Lyndon Johnson's Great Society, robots taking the jobs, capital controls, China under Mao Zedong and the Communist Party, the economics of lobbying, the League of Nations and the United Nations, short selling assets, John Maynard Keynes, stablecoins, contrarian investing, trade or labor unions, poverty and inequality, the federal funds rate, the US-China trade war, onshoring and offshoring, living below and above your means, barriers to entry, unfunded liabilities, instant vs. delayed gratification, economic sanctions, the Coase Theorem, longevity industry, resource curse, whales, a market for lemons, US-Iran conflict escalation, over-the-counter (OTC) trading and broker-dealers, sovereign debt, cartels, to collude or not to collude, antitrust laws, mortgage-backed securities, collateralized debt obligations, collateralized loan obligations, profiteering, price fixing and price gouging, the Big Three Credit Rating Agencies, financial and economic crises, interest rates, currency reset, deglobalization, stock buybacks, stock prices of the real economy, V-shaped vs. U, W and L-shaped recoveries, black/white swan events, negative oil prices, catching a falling knife, asset price vs. economic recoveries, currency printing, hyperinflation, consumerism after COVID-19, corporate welfare/socialism, US Dollar crisis/strength, replacing the dollar, central banks and the business cycle, K-shaped recoveries, too much debt, creating inflation, and modern monetary theory. The course will provide an overview of key topics and provide examples to help understand the economics behind each one.
Overview
Syllabus
Derivatives Explained in One Minute.
The European Union and the Eurozone Explained in One Minute: Past, Present and Future.
The International Monetary Fund (IMF) and the World Bank Explained in One Minute.
Monetary Easing (aka Quantitative Easing / QE, LTRO, APP and so on) Explained in One Minute.
Economic Stimulus (Monetary Stimulus and Fiscal Stimulus) Explained in One Minute.
Negative Interest Rates (Negative Interest Rate Policy or NIRP Implications) Explained in One Minute.
The Minimum Wage Explained in One Minute.
Populism (in Economics and/or Politics) Explained in One Minute.
The Paradox of Thrift (Underconsumption and Oversaving) Explained in One Minute.
Main Street and Wall Street Compared in One Minute.
Moral Hazard Explained in One Minute: AIG Bailout, General Motors Bailout, Bank Bailouts, etc..
Systemic Risk (Too Big to Fail) Explained in One Minute.
Currency Wars (Competitive Currency Devaluations) Explained in One Minute.
Trade Wars (Isolationism) Explained in One Minute.
The World Trade Organization (WTO) Explained in One Minute.
Pump and Dump Schemes Explained in One Minute.
Tangible and Intangible Assets Compared in One Minute.
Bank Runs Explained in One Minute: How Banks Become Insolvent and Fail.
Deposit Guarantees (Deposit Insurance Systems Like the FDIC) Explained in One Minutes.
The Economics Behind Doing/Fixing Things Yourself (DIY) vs. Hiring a Professional in One Minute.
The Economics Behind Getting a Job vs. Working for Yourself (Being Your Own Boss) in One Minute.
Buying New Cars vs. Choosing Used Vehicles - A One Minute Comparison.
Adam Smith's* Invisible Hand Explained in One Minute: Definition, Theory & Controversies.
Democrats vs. Republicans: The Economics Behind the Republican and Democratic Parties in One Minute.
The Universal (AKA Guaranteed or Unconditional) Basic Income Explained in One Minute.
The Economics of Affiliate Marketing and Multi-Level Marketing (MLM/Network Marketing) in One Minute.
Thomas Malthus (Malthusianism): Does Population Growth Lead to Food Shortages & Resource Depletion?.
Bitcoin (BTC) vs. Bitcoin Cash (BCC/BCH): Will You Sell or Hold Your Bitcoin Cash? [One Minute News].
Ayn Rand (The Fountainhead and Atlas Shrugged) Analyzed in One Minute: From Biography to Philosophy.
Left-Wing Anarchism and Right-Wing Anarchism (Anarcho-Capitalism) Defined, Explained and Compared.
The Market Capitalization (Market Cap) Explained in One Minute: Stocks, Bitcoin & Cryptocurrencies.
Are Taxes Fair? The Redistribution of Wealth via Taxation Explained in One Minute.
Altcoins (Bitcoin Alternatives) Defined and Explained in One Minute: Namecoin, Litecoin & 1.6k+ Alts.
Dollar Cost Averaging (DCA) and Lump Sum Investing Defined, Explained & Compared in One Minute.
The Treaty of Versailles Explained in One Minute: From German/Weimar Republic Hyperinflation to WWII.
Three Types of Money in One Minute: Commodity Money, Representative Money and Fiat Money*/Currency.
The IMF's Special Drawing Rights (SDR or XDR) Defined and Explained in One Minute.
Payday Loans (AKA Cash Advance Loans, Payday Advance Loans or Salary Loans) Explained in One Minute.
"Intrinsic Value" Defined and Explained in One Minute: Labor vs. Subjective Theory of Value.
The Third and Fourth Industrial Revolution (Internet of Things, AI, etc.) Explained in One Minute.
Franklin Delano Roosevelt's (FDR's) New Deal Explained in One Minute.
Positive and Negative Externalities Defined & Explained in One Minute: Education vs. Pollution?.
Say's Law (Jean-Baptiste Say) Explained in One Minute: Aggregate Supply = Aggregate Demand?.
Budget Deficits (Deficit Spending) and Surpluses Defined, Explained & Compared in One Minute.
The Economics Behind the Vietnam War Explained in One Minute: Costs, Effects and Politics.
Lyndon Johnson's "Great Society" Explained in One Minute: Goals, Programs, Effects & Controversy.
Will Robots Take Our Jobs? Technological Unemployment Defined & Explained (+ Examples) in One Minute.
Capital Controls (Limiting Inflows and Outflows) in One Minute: Definition, Explanation and Examples.
China (PRC) Under Mao Zedong and the Communist Party (CPC): Great Leap Forward + Cultural Revolution.
The Economics Behind Lobbying Explained in One Minute: From Meaning/Definition to Examples.
The Economics Behind the League of Nations and United Nations Explained in One Minute.
Short Selling Assets (Shorting) Explained in One Minute: From Definition to Examples.
John Maynard Keynes in One Minute: From Biography to Economic Theory.
Stablecoins (Crypto) Explained in One Minute: Are Tether (USDT) or Coinbase's USD Coin (USDC) Safe?.
Contrarian Investing Defined/Explained in One Minute: Is Trading Against the Trend a Good Strategy?.
Trade (or Labor) Unions Explained in One Minute: Definition/Meaning, History & Arguments For/Against.
Poverty and (Economic) Inequality Defined, Explained and Compared in One Minute.
The Federal Funds Rate Explained in One Minute: Federal Reserve Interest Rate Superpower or Threat?.
The US - China Trade War Explained in One Minute: Causes/Reasons, United States Tariffs, etc..
Outsourcing Pros and Cons: Should You Outsource or Insource (Hire In-House Employees)?.
Onshoring vs. Offshoring (Outsourcing Domestically vs. Abroad): One Minute Explanation/Comparison.
Living Below and Above Your Means Explained in One Minute: Examples, Implications, Politics, etc..
Barriers to Entry Explained in One Minute: Definition, Examples and Monopoly/Competition Concerns.
Unfunded Liabilities Explained in One Minute: From Definition to Tricky Unfunded Liability Examples.
Unfunded Liabilities Explained in One Minute: From Definition to Tricky Unfunded Liability Examples.
The Economics Behind Instant and Delayed Gratification Explained in One Minute: Consuming vs. Saving.
The Pros/Cons of Economic Sanctions Explained: Definition. Examples. Advantages and Disadvantages..
The Coase Theorem Explained: Coasean Bargaining Definition, Conditions/Assumptions and Examples.
The Life Extension/Longevity Industry's Economics Explained: Geroscience, Biomedicine, Anti-Aging....
The Resource Curse (Paradox of Plenty) Explained: Definition/Meaning, Examples (Dutch Disease), etc..
"Whales" Explained in One Minute: Well-Funded Investors/Traders Like JPMorgan Chase's "London Whale".
A Market for Lemons: George Akerlof, Information Asymmetry, Imperfect Information & Market Failures.
The Economics Behind a Potential United States - Iran Conflict Escalation Explained in One Minute.
Over-The-Counter (OTC) Trading and Broker-Dealers Explained in One Minute: OTC Link, OTCBB, etc..
Sovereign Debt (National, Government or Public Debt) Explained in One Minute: From Meaning to Crisis.
The Economics Behind Cartels Explained in One Minute: From Drugs to Oil (OPEC), Diamonds, etc..
To Collude, or Not to Collude: The Economics Behind Collusion Explained in One Minute.
Antitrust Laws (Competition Laws) Explained in One Minute: The Sherman Antitrust Act, FTC Act, etc..
Mortgage-Backed Securities (MBS) Explained in One Minute: Did We Learn Our Lesson?.
The "Big Three" Credit Rating Agencies in One Minute: Standard & Poor's/S&P, Moody's and Fitch Group.
Collateralized Debt Obligations (CDOs) Explained in One Minute: Definition, Risk, Tranches, etc..
Collateralized Loan Obligations (CLOs) Explained in One Minute: Mortgage-Backed Securities 2.0?.
Profiteering, Price Fixing and Price Gouging Defined, Explained and Compared in One Minute.
Financial Crisis vs. Economic Crisis: One Minute Explanation/Comparison (Definition, Examples, etc.).
How Low Can Interest Rates Go? A One Minute Perspective on "Modern-Day" Central Banking Limits.
Why Wasn't "Money Printing" (Fed, ECB, etc.) Followed by High Inflation? A One Minute Explanation.
From Deflationary Shock/Crash to Inflationary Spiral: A One Minute "Deflation to Inflation" Scenario.
Is Hyperinflation a Threat for the United States or European Union Nations? A One Minute Perspective.
Negative Oil Prices Explained in One Minute: From Demand Shock to Futures Market "Fine Print".
Legitimate Recovery or Dead Cat Bounce (DCB)? Catching a Falling Knife Explained in One Minute.
Asset Price Recoveries vs. Economic Recoveries: When Should a Recovery Be Trusted?.
Was the COVID-19 Pandemic a Black Swan or White Swan Event?.
How Likely Is a Currency Reset in 2020 and Beyond? Currency Resets Explained in One Minute.
Deglobalization Explained in One Minute: Definition, Examples and 2020 Context.
Stock Buybacks (Share Repurchases) Explained in One Minute: Why Do Companies Buy Back Shares?.
Stock Prices vs. Real Economy in One Minute: What Do Soaring Share Prices Tell Us About Main Street?.
Stock Prices vs. Real Economy in One Minute: What Do Soaring Share Prices Tell Us About Main Street?.
V-Shaped Recoveries Explained and Compared to U, W and L-Shaped Recovery Scenarios... in One Minute.
Will the 2020 Economic Crisis Turn into a Great or Greater Depression? A One Minute Perspective.
The Economics Behind Civil Unrest Explained in One Minute: From 2020 Realities to Long-Term Issues.
The Economics Behind Civil Unrest Explained in One Minute: From 2020 Realities to Long-Term Issues.
Can Central Banks Keep "Printing" Money/Currency Forever? Permanent Monetary Stimulus in One Minute.
Can Central Banks Keep "Printing" Money/Currency Forever? Permanent Monetary Stimulus in One Minute.
Consumerism After COVID-19? Post-Pandemic Consumer Behavior Changes Explained in One Minute.
(Why and How) The Rich Are Getting Richer... in One Minute: Context, Reasons and Consequences.
Corporate Welfare/Socialism Explained in One Minute: Privatizing Profits and Socializing Losses?.
US Dollar Crisis vs. Dollar Strength After a Crisis in the United States: One Minute, Two Scenarios.
What Could Replace the Dollar? Potential USD Alternatives (Gold, Currencies, etc.) in One Minute.
Can Governments and Central Banks Defeat the Business Cycle? A "New Paradigm" in One Minute.
The Economics (NOT Politics) Behind K-Shaped Recoveries Explained in One Minute.
The Problem(s) with too Much Debt Explained in One Minute.
(How) Can Central Banks Create Inflation? Federal Reserve/ECB "Superpowers" Explained in One Minute.
The Economics Behind 2020 in One Minute.
Modern Monetary Theory (MMT) Explained in One Minute.
The Economics (?) Behind Polarization Explained in One Minute.
Taught by
One Minute Economics
