3
How to Argue GDP, Inflation, and Other Data
Lecture no. 3 from the course: Capitalism vs. Socialism: Comparing Economic Systems
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Taught by Professor Edward F. Stuart | 31 min
From GDP and inflation to unemployment and standard of living, there is no one absolute measurement that determines the health of an economy. Get an overview of the different metrics for economic success and a general understanding of how they are calculated and interpreted—and why these data points can start more arguments than they resolve.
24 Lectures
1
Gorbachev’s Hello and the Soviet Goodbye
0
of 31 min
2
Adam Smith, Karl Marx, Keynes, and Friedman
0
of 32 min
3
How to Argue GDP, Inflation, and Other Data
0
of 31 min
4
British Revolution: Industry and Labor
0
of 30 min
5
American Capitalism: Hamilton and Jefferson
0
of 30 min
6
Utopian Socialism to Amana Microwave Ovens
0
of 29 min
7
The Bolsheviks: Lenin, Trotsky, and Stalin
0
of 28 min
8
Soviet Planning and 1,000 Left-Foot Shoes
0
of 28 min
9
Economic Consequences of European Peace
0
of 29 min
10
How FDR and Keynes Tried to Save Capitalism
0
of 29 min
11
Social Democracy in Europe
0
of 31 min
12
Sweden’s Mixed Economy Model
0
of 29 min
13
French Indicative Planning and Jean Monnet
0
of 31 min
14
British Labour Party and National Health
0
of 30 min
15
Social Welfare in Germany: Bismarck to Kohl
0
of 30 min
16
Soviet Bloc: Conformity and Resistance
0
of 31 min
17
Two Germanies: A Laboratory in Economics
0
of 28 min
18
The Soviet Union’s Fatal Failure to Reform
0
of 29 min
19
“Blinkered and Bankrupt” in Eastern Europe
0
of 30 min
20
From Chairman Mao to the Capitalist Roaders
0
of 30 min
21
After Deng, China Privatizes and Globalizes
0
of 32 min
22
Asian Tigers: Wealth and State Control
0
of 32 min
23
European Union: Success or Failure?
0
of 32 min
24
Both Sides Now: Experiment in Slovenia
0
of 34 min
