In this video I explain what happens when the government controls market prices. Price ceilings are a legal maximum price and price floors are a minimum legal price. Make sure that you can draw each of them on a demand and supply graph and identify if there is a shortage or a surplus. Keep in mind that your teacher may use the word "binding" to describe the situation where the price control has an effect on the market. If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji Next videos showing what happens to consumer surplus, producer surplu, and dead weight loss https://www.youtube.com/watch?v=n0LXkA9kato All Microeconomics Videos https://www.youtube.com/watch?v=swnoF... All Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3... Watch Econmovies https://www.youtube.com/playlist?list... Follow me on Twitter https://twitter.com/acdcleadership
Views: 690846 Jacob Clifford
So, during times of inflation or deflation, why doesn't the government just set prices? It sounds reasonable, but price ceilings or floors just don't work. Adriene and Jacob explain why. Subsidies, however, are a little different, and sometimes they even work. We'll also explain that. Today you'll learn about stuff like price controls, deadweight loss, subsidies, and efficiency. 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
Views: 411296 CrashCourse
#МаксимМанаков #MaximManakov #MaksimManakov #Goa This week, the State Duma of Russia discussed the adoption of the law on the state regulation of prices. After thinking for two days until it decided not to do, referring to the market economy. Why do not they take into account the world experience? For example, India has state regulation of prices, not only for food but also for medicine. As a result, prices actually declined and become more accessible. So India has a positive experience of this public policy. Maybe Russia is this Indian positive experience to implement? На этой неделе государственная дума России обсуждали принятие закона о государственном регулировании цен. Подумав два дня решили этого пока не делать, ссылаясь на рыночную экономику. Почему они не учитывают мировой опыт? Например, в Индии действует государственное регулирование цен не только на продукты, но и на лекарства. В результате этого цены даже снизились и стали более доступными. Значит у Индии есть положительный опыт этой государственной политики. Может России стоит этот индийский положительный опыт внедрить? Если вам понравилось это видео, то: - подписывайтесь на мой канал (нужна регистрация на youtube). - ставьте лайки (большой пальчик вверх). - пишите комментарии (провожу жесткую модерацию). - добавляйтесь в друзья: ВКонтакте: https://vk.com/max_manakov Facebook: https://www.facebook.com/ManakovGoa Одноклассники: http://www.odnoklassniki.ru/maxim.manakov Twitter: https://twitter.com/Maxim_Manakov Livejournal: http://maxim-manakov.livejournal.com/ УВИДИМСЯ !!! Моя партнерская программа VSP Group. Подключайся! https://youpartnerwsp.com/ru/join?57002
Views: 336 Maxim Manakov
This is a recording of a micro revision webinar looking at evaluation of government intervention in markets designed to correct for market failure. Good evaluation questions the effectiveness of intervention and we also look at some examples of government failure. A Level Economics Revision Flashcards These superb packs of revision flashcards contain everything you need to cover for AQA & Edexcel A Level Economics A 20% discount is automatically applied if you order 4 or more flashcard packs in the same order! https://www.tutor2u.net/economics/store/selections/alevel-economics-revision-flashcards - - - - - - - - - MORE ABOUT TUTOR2U ECONOMICS: Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more: https://www.tutor2u.net/economics A Level Economics Revision Flashcards: https://www.tutor2u.net/economics/store/selections/alevel-economics-revision-flashcards A Level Economics Example Top Grade Essays: https://www.tutor2u.net/economics/store/selections/exemplar-essays-for-a-level-economics
Views: 43998 tutor2u
Y1/IB 18) Minimum Price - Detailed Market and Stakeholder Analysis - An in depth look at how a minimum price affects a market along with the impacts on key stakeholders.
Views: 39613 EconplusDal
New state regulations on testing and quality standards mean shops are slashing prices on legal pot products to get rid of inventory before the laws take effect on Saturday. KPIX's Betty Yu reports. Subscribe to the CBS News Channel HERE: http://youtube.com/cbsnews Watch CBSN live HERE: http://cbsn.ws/1PlLpZ7 Follow CBS News on Instagram HERE: https://www.instagram.com/cbsnews/ Like CBS News on Facebook HERE: http://facebook.com/cbsnews Follow CBS News on Twitter HERE: http://twitter.com/cbsnews Get the latest news and best in original reporting from CBS News delivered to your inbox. Subscribe to newsletters HERE: http://cbsn.ws/1RqHw7T Get your news on the go! Download CBS News mobile apps HERE: http://cbsn.ws/1Xb1WC8 Get new episodes of shows you love across devices the next day, stream CBSN and local news live, and watch full seasons of CBS fan favorites like Star Trek Discovery anytime, anywhere with CBS All Access. Try it free! http://bit.ly/1OQA29B --- CBSN is the first digital streaming news network that will allow Internet-connected consumers to watch live, anchored news coverage on their connected TV and other devices. At launch, the network is available 24/7 and makes all of the resources of CBS News available directly on digital platforms with live, anchored coverage 15 hours each weekday. CBSN. Always On.
Views: 2662 CBS News
Today, we’re going to take a look at how the government plays a role in the economy. Specifically, the way the government creates and maintains our market economic system. Now sure, the government’s role in the economy can be controversial, some may even say completely unnecessary. But there are some deficiencies in a free market, and we’re going to look at those, and the tools the government uses to combat those issues in maintaining a healthy and stable economy. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashC... 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
Views: 318772 CrashCourse
How could a tradable performance standard or cap and trade impact electricity prices? RFF's Dallas Burtraw explains. Visit http://www.rff.org/CleanAirActQA for Dallas's full response and for the answers to more frequently asked questions about state regulation of greenhouse gas emissions under section 111(d) of the Clean Air Act.
Views: 153 Resources for the Future
With the smartest experts and the best economists, could the federal government run the U.S. economy? Could it keep America's $17 trillion economy going like a well-oiled machine? Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, explains why no one person or group can "run" the economy, and why any attempt to do so can only make things worse. Donate today to PragerU! http://l.prageru.com/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: Is our economy a machine, like an automobile, a train or a power plant? One constantly hears phrases such as the economy “is overheating” or “needs to cool off” or “could use some stimulus.” These aren’t harmless metaphors. They epitomize how economists have taught us to see an economy—as something that can be manipulated, guided or driven. And guess who does the driving? The government. The government is supposed to make sure that the economy “hums” along at an even speed, going neither too fast nor too slow. But the economy is not a machine. It is made up of people, and no one can control what billions of them are going to do. What gets overlooked, underplayed or simply ignored is the extraordinary “churn” in the activities of a free market. New businesses open while others close, constantly. In the U.S. during normal times a half-million or more jobs are created each week, while another half-million are cut. Entrepreneurs continually roll out new products and services, most of which flop. But those that succeed can greatly improve our quality of life. What government can and should do is to positively influence the environment in which this hum of activity takes place through sensible taxation, monetary policy, government spending and regulation. And in almost all instances the best prescription for economic health is “less is more.” Catastrophic mistakes by governments can poison the marketplace, as happened during the Great Depression in the 1930s, to a lesser extent in the 1970s, and then again in the panic of 2008–09. The government’s recent mistakes have been compounded by tax increases and an avalanche of antigrowth regulations from ObamaCare, the Dodd-Frank financial services bill and all those Washington regulatory agencies, such as the FCC, the EPA and the National Labor Relations Board. If you want to understand why the American economy has been growing at the anemic pace of 1 to 2 percent a year, look no further. Again, the idea of an economy that purrs along like a well-oiled machine hurts, not enhances, wealth creation because invariably, it leads to growth retarding government intervention. Which brings us to bubbles. Shouldn’t the government, the argument goes, at least try to stop them from happening? Well, it depends. Those caused by misguided government policies like the housing bubble of the mid 2000’s, yes. Those caused by the free market, no. Bubbles have a bad name, but not all of them are created equal. There are healthy ones and unhealthy ones. The good kind develops when a lot of people simultaneously recognize a great opportunity. Computers are an excellent example. During the early 1980s there was a boom in personal computers–followed by a severe shakeout, when companies such as Atari and Commodore bit the dust. In the late 1990s a number of companies recognized the importance of search engines. Google emerged supreme with Microsoft and others relegated to fractional market shares. For the complete script, visit https://www.prageru.com/videos/can-government-run-economy
Views: 946248 PragerU
This week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a good or service efficiently, that's a market failure. When markets fail, often governments step in to provide those services. Stuff like public education or military protection are good examples of market failures. So, what are some of the ways governments address, market failures? Well, it's funny you should ask, as we also talk about that in this episode. We'll get into taxes and subsidies and externalities and a bunch of other important stuff this week on Crash Course Econ. 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
Views: 672906 CrashCourse
Prof. Lynne Kiesling discusses the history of regulating electricity monopolies in America. Conventionally, most people view regulation of monopoly, such as the Sherman Antitrust Act, as one of government's core responsibilities. Kiesling challenges this notion, and finds that government regulation of monopoly actually stifles innovation and hurts consumers. The American electricity industry was booming in the 1890s, with several small firms competing against one another. Over time, Kiesling argues that the fixed costs began to escalate, increasing the cost of entry into the industry. Put another way, large competitors gained a significant competitive edge over smaller competitors through economies of scale. Eventually, in places like New York and Chicago, Kiesling claims that the competitive process led to one large firm. These monopolies were feared by the public, and led to demands for government regulation. The electricity industry, knowing that regulation was coming, used these demands for regulation as cover to construct legal barriers to entry. Ultimately, the regulations passed by the government reduced competition by granting legal monopoly privileges to powerful firms within a certain geographical territory. In modern times, we are seeing the real cost of these old one-size-fits-all regulations: 1) People aren't adjusting their energy consumption behaviors. For instance, in peak hours, technological solutions that could smooth electricity consumption are being ignored. 2) The electricity industry doesn't evolve and account for new types of renewable energy. 3) Innovations have been discouraged. If these archaic regulations were removed, innovations and improvements beneficial to consumers would flourish. For more information, check us out here: http://lrnlbty.co/zcPIQr Watch more videos: http://lrnlbty.co/y5tTcY
Views: 53500 Learn Liberty
Today on Crash Course Economics, Adriene and Jacob talk about the 2008 financial crisis and the US Goverment's response to the troubles. So, all this starts with home mortgages, and the use of mortgages as an investment instrument. For years, it seemed like the US housing market would go up and up. Like a bubble or something. It turns out it was a bubble. But not the good kind. And the government response was...interesting. Anyway, why are you reading this? Watch the video! More Financial Crisis Resources: Financial Crisis Inquiry Report: http://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf TAL: Giant Pool of Money: http://www.thisamericanlife.org/radio-archives/episode/355/the-giant-pool-of-money Timeline of the crisis: https://www.stlouisfed.org/financial-crisis/full-timeline http://www.economist.com/news/schoolsbrief/21584534-effects-financial-crisis-are-still-being-felt-five-years-article 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: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- 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
Views: 1709915 CrashCourse
Each year, CEI Vice President for Policy Wayne Crews writes a comprehensive report on the state of the expanding federal regulatory state, called Ten Thousand Commandments. Several key figures from the report are highlighted in this segment on Special Report with Bret Baier. The full report can be viewed here: http://cei.org/10kc
Views: 521 Competitive Enterprise Institute
Dr. Engelhardt covers Value and Utility, Price Determination, and Factor Pricing. Suggested Reading: Murray Rothbard, 'Man, Economy, and State with Power and Market', chap. 2, “Direct Exchange.” For more advanced reading, chap. 3–9. https://mises.org/library/man-economy-and-state-power-and-market Mises Boot Camp is a six-lecture seminar for those seeking to learn the fundamentals of the Austrian school. Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2015.
Views: 12663 misesmedia
Links to sources featured in the video below: G20 good news: https://cryptonewsmagnet.com/good-news-bitcoin-g20-says-no-crackdown-cryptocurrencies/ G20 reject regulation: https://twitter.com/Mr_HvD/status/975477342318612485 Kuroda: https://www.zerohedge.com/news/2018-03-19/bitcoin-spikes-after-bojs-kuroda-praises-cryptocurrencies GDF industry body: https://www.financemagnates.com/cryptocurrency/news/global-digital-finance-new-crypto-body-create-global-code-conduct/ Trump bans petro investment: https://www.bloomberg.com/news/articles/2018-03-19/trump-prohibits-u-s-purchases-of-venezuelan-cryptocurrency Mastercard only supports state cryptos: https://www.ccn.com/mastercard-very-happy-to-support-state-cryptocurrencies-just-not-anonymous-junk/ Coincheck removes privacy coins: http://www.thecryptotea.com/index.php/2018/03/19/coincheck-delists-privacy-coins-monero-dash-zcash/ Stellar adopt lightning network: https://www.coindesk.com/stellar-goes-lightning-2018-launch-target/ COINBASE FREE $10: https://www.coinbase.com/join/5a240d4... Binance: https://www.binance.com/?ref=13572185 If you have any questions let me know in the comments or contact my social media. Twitter: https://twitter.com/CryptoClubb Facebook: https://www.facebook.com/cryptoclubb/ **Legal Disclaimer** - This video is not professional financial advice, just my personal research & opinion.
Views: 5469 Crypto Club
This talk was given at a local TEDx event, produced independently of the TED Conferences. The Great Economic Myth of 2008, challenging the accounting to accounting principal. Brian Wesbury is Chief Economist at First Trust Advisors L.P., a financial services firm based in Wheaton, Illinois. Mr. Wesbury has been a member of the Academic Advisory Council of the Federal Reserve Bank of Chicago since 1999. In 2012, he was named a Fellow of the George W. Bush Presidential Center in Dallas, TX where he works closely with its 4%-Growth Project. His writing appears in various magazines, newspapers and blogs, and he appears regularly on Fox, Bloomberg, CNBCand BNN Canada TV. In 1995 and 1996, he served as Chief Economist for the Joint Economic Committee of the U.S. Congress. The Wall Street Journal ranked Mr. Wesbury the nation’s #1 U.S. economic forecaster in 2001, and USA Today ranked him as one of the nation’s top 10 forecasters in 2004. Mr. Wesbury began his career in 1982 at the Harris Bank in Chicago. Former positions include Vice President and Economist for the Chicago Corporation and Senior Vice President and Chief Economist for Griffin, Kubik, Stephens, & Thompson. Mr. Wesbury received an M.B.A. from Northwestern University’s Kellogg Graduate School of Management, and a B.A. in Economics from the University of Montana. McGraw-Hill published his first book, The New Era of Wealth, in October 1999. His most recent book, It’s Not As Bad As You Think, was published in November 2009 by John Wiley & Sons. In 2011, Mr. Wesbury received the University of Montana’s Distinguished Alumni Award. This award honors outstanding alumni who have “brought honor to the University, the state or the nation.” There have been 267 recipients of this award out of a potential pool of 91,000 graduates. About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 2116537 TEDx Talks
This week on Crash Course Economics, we're talking about monetary policy. The reality of the world is that the United States (and most of the world's economies) are, to varying degrees, Keynesian. When things go wrong, economically, the central bank of the country intervenes to try aand get things back on track. In the United States, the Federal Reserve is the organization that steps in to use monetary policy to steer the economy. When the Fed, as it's called, does step in, there are a few different tacks it can take. The Fed can change interest rates, or it can change the money supply. This is pretty interesting stuff, and it's what we're getting into today. 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: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- 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
Views: 857009 CrashCourse
In which John Green teaches you about the Industrial Economy that arose in the United States after the Civil War. You know how when you're studying history, and you're reading along and everything seems safely in the past, and then BOOM you think, "Man, this suddenly seems very modern." For me, that moment in US History is the post-Reconstruction expansion of industrialism in America. After the Civil War, many of the changes in technology and ideas gave rise to this new industrialism. You'll learn about the rise of Captains of Industry (or Robber Barons) like Cornelius Vanderbilt, Andrew Carnegie, John D Rockefeller, and JP Morgan. You'll learn about trusts, combinations, and how the government responded to these new business practices. All this, plus John will cover how workers reacted to the changes in society and the early days of the labor movement. You'll learn about the Knights of Labor and Terence Powderly, and Samuel Gompers and the AFL. As a special bonus, someone gets beaten with a cane. AGAIN. What is it with American History and people getting beaten with canes? Support CrashCourse on Patreon: https://www.patreon.com/crashcourse
Views: 2035859 CrashCourse
Recreational marijuana became legal in California in January. But for small-scale veteran growers like Jason Fleming, licensing backlog may shut his business down before he sells a single nug on California’s new legal market. The state already had a 22 year old medical marijuana industry that outlined a legal route for patients to purchase pot from licensed dispensaries, but left the path for the weed to the shops in what can only be described as a very, very, gray area. The Medical and Adult Use Cannabis Regulation and Safety Act changed all of that — now all growers have to be licensed, and their wares need to be tested in a lab. “We want to make sure that people are getting safe cannabis, that when they come to a licensed retail store. they know it’s safe to consume,” says Lori Ajax, Chief of the Bureau of Cannabis Control, which regulates distributors. Growers and consumers also pay new state and local taxes that can get as high as 45%. Despite the significantly higher overhead, Fleming is determined to make it in the new, legal marketplace. He’s complied with licensing law by purchasing a growhouse for $25,000 a month, and filled out all of his paperwork. But Sonoma County has kept him waiting for local approval for six months. Without that, he cannot begin growing, so there’s no money to be made. “If this keeps continuing then we're going to have to operate this place as a black market grow to continue to pay for the legal grow,” Fleming told VICE News. Richard Parrott is the Chief of CalCannabis, the state agency that licenses medical and recreational cultivators, is familiar with stories like Jason’s. He told VICE News that he had heard of backlogs of applications with local authorities, but there wasn’t much he could do about it. “The state doesn't have any purview over the locals,” he said. To stay afloat, Jason can use his growhouses that are already up and running to sell to medical dispensaries. He can also sell some of his product at seshes, a type of underground marketplace that operates in the last remaining gray areas of the state’s medical marijuana laws. But the costs of getting his business off the ground demand more than a flimsy financial life vest. As time passes, an emerging black market fueled by consumers who can’t bear the brunt of the new taxes has come knocking. Watch Next: This Law Could Make California The Largest Legal Weed Marketplace - https://youtu.be/g_1GrvpmbhE Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideo
Views: 318802 VICE News
Hint: single-payer won’t fix America’s health care spending. Help us make more ambitious videos by joining the Vox Video Lab. It gets you exclusive perks, like livestream Q&As with all the Vox creators, a badge that levels up over time, and video extras bringing you closer to our work! Learn more at http://bit.ly/video-lab Americans don't drive up the price by consuming more health care. They don't visit the doctor more than other developed countries: http://international.commonwealthfund.org/stats/annual_physician_visits/ But the price we pay for that visit - for a procedure - it costs way more: http://static1.squarespace.com/static/518a3cfee4b0a77d03a62c98/t/57d3ca9529687f1a257e9e26/1473497751062/2015+Comparative+Price+Report+09.09.16.pdf The price you pay for the same procedure, at the same hospital, may vary enormously depending on what kind of health insurance you have in the US. That's because of bargaining power. Government programs, like Medicare and Medicaid, can ask for a lower price from health service providers because they have the numbers: the hospital has to comply or else risk losing the business of millions of Americans. There are dozens of private health insurance providers in the United States and they each need to bargain for prices with hospitals and doctors. The numbers of people private insurances represent are much less than the government programs. That means a higher price when you go to the doctor or fill a prescription. Uninsured individuals have the least bargaining power. Without any insurance, you will pay the highest price. For more health care policy content, check out The Impact, a podcast about the human consequences of policy-making. https://itunes.apple.com/us/podcast/the-impact/id1294325824?mt=2 Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. Check out our full video catalog: http://goo.gl/IZONyE Follow Vox on Twitter: http://goo.gl/XFrZ5H Or on Facebook: http://goo.gl/U2g06o
Views: 3011294 Vox
Today, Craig is going to dive into the controversy of monetary and fiscal policy. Monetary and fiscal policy are ways the government, and most notably the Federal Reserve, influences the economy - for better or for worse. So we’re going to start by looking at monetary policy, and specifically how the Federal Reserve uses interests rates as a means of controlling (or at least attempting to control) inflation. We’ll then move onto fiscal policy - that is the government’s use of taxation to raise and spend money. It’s all, well, pretty controversial, but as it seems Americans hate taxes the most, monetary policy is most often used - meaning that the Federal Reserve plays a hugely significant role in steering the U.S. economy. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashC... 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
Views: 406530 CrashCourse
Speaker: Sergiy Polyachenko (Junior Research Fellow at Center for Institutional Studies, M.Sc. in Economic) Co-author: Maxim V. Bryukhanov (Junior Research Fellow at Center for Institutional Studies, C.Sc. in Economics) In this paper we provide empirical analysis (based on the 22nd wave of RLMS data) of individual demand for government price regulation link with individual characteristics such as trust to private and government enterprises, gender, age, education, wealth, economic expectations and family characteristics. Employing statistical methods of means difference analysis, ordered and linear regressions we show that difference in trust to private and state owned enterprises, wealth, confidence in future increase in wealth state (factor of economic expectations) and level of education are in the inverse interdependency with the level of demand for government price regulation. We documented the lowest level of demand for government price regulation for the age cohort of 15-30 years old. Our results are in line with results of contemporary studies in the field and contribute to the existing literature with analysis of wider set of questions concerning government price regulation and the recent data from Russia.
Views: 84 AcademicsVideo
Mp's have passed a law allowing the state to set maximum prices for essential goods like maize flour, rice, cooking fat, sugar and oil products. Parliament today passed the price control bill, 2009 which gives the government power to regulate retail and wholesale prices for these goods. The bill, which sailed through the third reading in parliament this morning, has now been forwarded to the attorney general for polishing up before it is forwarded to the president who can sign it into law or send it back. But as K-T-N's Evelyn Wamboi asks, is the country undoing liberalisation, and what would be the impact of such a law on a free market economy?
Views: 407 KTN News Kenya
Why is health care so expensive? Once again, there are a lot of factors in play. Jacob and Adriene look at the many reasons that health care in the US is so expensive, and what exactly we get for all that money. Spoiler alert: countries that spend less and get better results are not that uncommon. 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
Views: 574714 CrashCourse
http://understandingbtc.com/ by @ToneVays https://twitter.com/ToneVays Website: https://ToneVays.com Audio Podcast: https://itunes.apple.com/us/podcast/the-tone-vays-podcast/id1390209454?mt=2 Please Support via Affiliate Codes: Trading View: http://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=4905&url_id=3 TorGuard VPN 50% off code & link = tone50: https://torguard.net/aff.php?aff=3782 See Regulation overview in each state here: https://www.carltonfields.com/state-regulations-on-virtual-currency-and-blockchain-technologies/ Useful Bitcoin Sites: Full Node Set Up: https://bitcoin.org/en/full-node Lightning Node Set Up: https://medium.com/lightning-power-users/windows-macos-lightning-network-284bd5034340 Mempool: https://dedi.jochen-hoenicke.de/queue/#1w Useful Charts: http://charts.woobull.com/ State Regulations: See Regulation overview in each state here: https://www.carltonfields.com/state-regulations-on-virtual-currency-and-blockchain-technologies/ Tone Vays is available for Corporate Consulting at the rate of 0.3 btc per hour. Please email [email protected] for additional info.
Views: 18416 Tone Vays
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
Views: 541996 CrashCourse
From the Whiskey Rebellion to prohibition, the 21st Amendment to a modern cocktail renaissance, America's relationship with liquor has a long and storied history. Christine and Denver Riggleman of Silverback Distillery look to write their own chapter in this epic tale, but Virginia's regulatory structure may prove too burdensome for these award-winning craft distillers. "American Spirit" examines the history of liquor regulation nationally and on a state level, looking closely at Virginia's "control" system to explore the pros and cons of the 50-state alcohol market set up as a result of the 21st Amendment. Is alcohol regulation simply a matter of federalism? Should the federal government play a bigger role? Do regulations curb social ills that stem from excessive drinking? Industry experts, policy analysts, and the distillers themselves weigh in on these questions and more in this new documentary short from Motivo Media and FedSoc Films. OFFICIAL SELECTION 2019 Richmond International Film Festival 2018 Southern Shorts Awards - Winner: Best Documentary - Award of Excellence - Award of Excellence: Cinematography - Award of Excellence: Direction - Award of Excellence: Editing - Award of Excellence: Music - Award of Excellence: Producer - Award of Excellence: Production Design - Award of Excellence: Screenplay - Award of Excellence: Sound Design * * * * * As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker. Featuring: - Christine and Denver Riggleman, Silverback Distillery - Paul Pisano, National Beer Wholesalers Association - Curtis Coleburn, Virginia Distillers Association - C. Jarrett Dieterle, R Street Institute - Angela Logomasini, Competitive Enterprise Institute Related Links: Virginia Codes and Regulations https://www.abc.virginia.gov/enforcement/virginia-codes-and-regulations Control State Directory and Info http://www.nabca.org/control-state-directory-and-info Differences in liquor prices between control state-operated and license-state retail outlets in the U.S. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3529794/ Differing Views: Alcohol poisoning kills six people in the US each day https://www.cdc.gov/media/releases/2015/p0106-alcohol-poisoning.html Virginia's liquor monopoly continues to pour higher sales, profit http://www.richmond.com/news/virginia/government-politics/virginia-s-liquor-monopoly-continues-to-pour-higher-sales-profit/article_def22abf-1d6b-5842-b489-b3b9ab68d5e8.html Control State Politics: Big Alcohol’s Attempt to Dismantle Regulation State by State https://alcoholjustice.org/images/reports/controlstate_report_final.pdf Virginia’s infamous food-beverage ratio prioritizes cronyism over consumers http://www.rstreet.org/2016/06/27/virginias-infamous-food-beverage-ratio-prioritizes-cronyism-over-consumers/ Over-indulging Alcohol Regulators https://cei.org/blog/over-indulging-alcohol-regulators Control States Up Their Game http://marketwatchmag.com/control-states-may-2016/
Views: 57809 The Federalist Society
Hey Guys, In this video i'll explain you why Petrol or Diesel prices are very high in INDIA, Whats the reason behind Price Hike & why government is unable to decrease PETROL & DIESEL prices. How much TAX we pay in terms of Excise Duty & VAT to central government & state government on Petrol & Diesel in HINDI. Whats the international cost of crude oil in market & whats the REAL cost of petrol/diesel in INDIA after Petroleum refining processes. Why Government not allowing GST (Good & Service Tax) on Petrol & Diesel ? Redeem Coupon Here: https://www.fast2sms.com/sidtalk Earn PayTM Coupon: https://www.youtube.com/watch?v=DstCU3R0ohE Queries Solved: 1) How are fuel (petrol/diesel) prices decided in India ? 2) Total TAX on Petrol in INDIA 3) Reality of Petrol Price Hike in HINDI 4) Why is the government not cutting petrol and diesel prices ? 5) Untold Facts About Petrol Price in HINDI' 6) No Relief On Petrol Price Hike from Indian Government 7) GST - Goods & Services Tax on Petrol and Diesel ? Social Links: [FOLLOW] Facebook: https://fb.com/SidTalk/ Twitter: https://twitter.com/Sid_Talk Instagram: https://instagram.com/Sid_Talk/ Google+: https://google.com/+SidTalk PS: Don't forget to SUBSCRIBE SidTalk for more Trusted & Awesome videos.
Views: 1618727 SidTalk
Do you know the food truck laws in your city? Better find out so you won't get shut down. https://youtu.be/vF0D8JsvCh0 if you like this video, SHARE it with your friends. Want to stay connected with diyready? SUBSCRIBE to our YouTube Channel and never miss out on a new video. http://bit.ly/1HjSeYM Visit our website for more great DIY projects. craft and decor ideas. http://diyready.com Wanna get social with us? Follow us on: Instagram - http://bit.ly/1HeHWdW Pinterest - http://bit.ly/1IzcH8b Facebook - http://on.fb.me/1KaM6SV
Views: 126100 DIY Projects
California's Prop 63 is still being implemented through 2019 with the last part being background checks for ammunition and regulations regarding registration and ammo purchases. Be prepared for this new overreaching law. Best Deals on Ammo!!!! http://www.avantlink.com/click.php?tt=ml&ti=689725&pw=222533 Get an Ammo Can for your https://www.amazon.com/gp/search/ref=as_li_qf_sp_sr_il_tl?ie=UTF8&tag=thedaisho-20&keywords=Ammo can&index=aps&camp=1789&creative=9325&linkCode=xm2&linkId=76a1a4348f09d5f2eea201db9fd9d197 LAX OC Q&A Link https://www.laxammooc.com/california-ammo-laws-for-2019/ Support the channel on Patreon https://www.patreon.com/thedailyshooter Videos also available on Full30 https://www.full30.com/channels/thedailyshooter This video is intended for educational and entertainment purposes only!
Views: 593558 The Daily Shooter
http://iam.ij.org/9uFUX3 How can Americans create private sector jobs? The solution to America's jobs problem lies not with budget-busting federally mandated "stimulus" programs. Instead, what is needed are specific reforms that wouldn't cost taxpayers, would create a broader tax base for cash-strapped cities and states, and would provide opportunity for millions of Americans who worry where their next paycheck is coming from. As demonstrated by a series of eight new reports issued in October 2010 by the Virginia-based Institute for Justice, one of the principal obstacles to creating new jobs and entrepreneurial activity in cities across the country is the complex maze of regulations cities and states impose on small businesses. IJ's "city study" reports are filled with real-world examples of specific restrictions that often make it impossible for entrepreneurs to create jobs for themselves, let alone for others. Chip Mellor, the president and general counsel of the Institute for Justice, said, "If the nation is looking to the federal government to create jobs in America, it is looking in the wrong place. If we want to grow our economy, we must remove government-imposed barriers to honest enterprise at the city and state levels. Remove those barriers, and you will see a return to the optimism and opportunity that are hallmarks of the American Dream." IJ's eight reports document how irrational and anti-competitive regulations block entrepreneurship. More often than not, these government-imposed restrictions on economic liberty are put in place at the behest of existing businesses that are not shy about using government force to keep out competition. The Institute for Justice's city studies examine regulations imposed on a wide range of occupations in Chicago, Houston, Los Angeles, Miami, Milwaukee, Newark, Philadelphia and Washington, D.C.
Views: 227069 InstituteForJustice
Governments don’t work the way most people think they do. Public choice theory explores how voters, politicians, and bureaucrats actually make decisions. Prof. Antony Davies explains. SUBSCRIBE: http://bit.ly/2dUx6wg LEARN MORE: Behavioral Economics Ep. 5: What You Need to Know About Public Choice (video): Erika Davies and Prof. Antony Davies give an introduction to public choice economics and describe how insights on human behavior in the private sector can be applied to predict human behavior in the public sector. https://www.youtube.com/watch?v=FcLGUHXz78I Public Choice: Why Politicians Don't Cut Spending (video): Prof. Ben Powell uses insights from public choice theory to explain why politicians, despite what they may promise to voters, rarely cut government spending. https://www.youtube.com/watch?v=6uR4lqa7IK4 Schools of Thought in Classical Liberalism, Part 3: Public Choice (video): Dr. Nigel Ashford gives a brief overview of the intellectual figures and ideas associated with public choice theory; part of a larger series on schools of thought in the classical liberal tradition. https://www.youtube.com/watch?v=ffJFNEujeL4 TRANSCRIPT: For a full transcript please visit: http://www.learnliberty.org/videos/public-choice-theory-why-government-often-fails/ LEARN LIBERTY: Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.
Views: 139225 Learn Liberty
Cinema has performed an important role in the Chinese Communist Party's - CCP - media strategy since the early years of the People's Republic of China. With the introduction of market sales in the 1990s, popular cinema found its own voice and with it, a space in which to satirise China's rapidly changing society. A space that has at times, put Chinese cinema on a collision course with the state. Since 2017 therefore, the most commercially successful films have had more of a traditional propaganda ring to them. Fusing patriotic narratives with Hollywood-style budgets and effects, films such as Wolf Warrior 2, Operation Red Sea and The Wandering Earth successfully echo an increased national assertiveness espoused under the leadership of President Xi Jinping - while also engaging audiences in a way never done before. All three immediately became the highest grossing films in Chinese cinematic history. But the not so invisible arm of the state is never far away. And in the same period, the CCP has redoubled its efforts in the movie space, bringing the regulation of the film industry under the direct control of the Central Propaganda Department. The Listening Post's Meenakshi Ravi reports on the new blockbusters of Chinese cinema. Contributors Chris Berry - Professor of Film Studies, King's College London Patrick Frater - Asia Bureau Chief, Variety Sabrina Yu - Senior lecturer, Newcastle University Stanley Kwan - Film Director Producer Adam Knight - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 5030 Al Jazeera English
A video case brief for United States v. Butler, 297 U.S. 1 (1936). Read the full-text brief here: https://www.quimbee.com/cases/united-states-v-butler In 1933, Congress enacted the Agricultural Adjustment Act (AAA) to allow the Secretary of Agriculture to set limits on the production of certain crops and tax farmers that produced in excess of those limits. The AAA also provided grants to farmers to control their production of crops and thus regulate prices. Butler (plaintiff), a processor of crops, brought suit against the United States government (defendant) in federal district court to challenge the constitutionality of the AAA. The district court ruled that Butler was required to pay taxes under the AAA, but the court of appeals reversed. The United States Supreme Court granted certiorari.
Views: 3775 Quimbee
We all want the safety and dependable quality that “regulation” is supposed to provide. Government can provide it to some extent, but markets can do it better, if we let them. Howard Baetjer of Towson University explains. SUBSCRIBE: http://bit.ly/2dUx6wg LEARN MORE: The Most Dangerous Monopoly: When Caution Kills (video): All of us want assurance that the things we buy are safe. What’s the best way to get it? Howard Baetjer of Towson University explains that when products undergo third-party certification processes to determine their safety, market forces are able to optimize the amount of testing conducted and consumers can use the information provided by certification firms to make their own decisions. https://www.youtube.com/watch?v=DvxT7fryE3Q Free Market Economics: Uber, Airbnb, & Feastly vs Government Regulation (video): The sharing economy connects people with services like Uber, AirBnB, and Feastly. Despite these new ways to connect, many regulators would like to stop it in its tracks. Chris Koopman explains why this approach to regulation is becoming increasingly irrelevant. https://www.youtube.com/watch?v=qvsPXKJe05Q How Food Regulations Make Us Less Healthy (video): Why do we consume so much high fructose corn syrup? Why does America suffer from an obesity epidemic? And why are fruits and vegetables so expensive? Prof. Dan D'Amico argues that government regulations designed to serve special interests are partly to blame. https://www.youtube.com/watch?v=Tv-6YpUzQdA TRANSCRIPT: For a full transcript please visit: http://www.learnliberty.org/videos/theres-no-such-thing-as-an-unregulated-market/ LEARN LIBERTY: Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.
Views: 15649 Learn Liberty
"The situation in the market is pretty dire," one major cannabis seller told us. ---------------- Subscribe to our YouTube channel: http://youtube.com/reasontv Like us on Facebook: https://www.facebook.com/Reason.Magaz... Follow us on Twitter: https://twitter.com/reason Subscribe to our podcast at iTunes: https://goo.gl/az3a7a Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines. ---------------- As of January 2018, anyone over the age of 21 can walk into a store in California and pick up some marijuana. All you need is some cash or a credit card. To learn more about how legalized recreational cannabis sales works, we tracked a product, the Kiva chocolate bar, up the supply chain—from seed to sale. We talked to cannabis entrepreneurs along the way to find out what's changed for them operating in a legal state market. And what we found was surprising: Anxiety about the future of the legal market under California's highly regulated—and highly taxed—system. Some industry insiders told us that if the legal market remains so overtaxed and overregulated that the black market will continue to stay in business. "The situation in the market is pretty dire," says Kristi Knoblich Palmer, COO and co-founder of KIVA, which had to lay off employees for the first time in the company's history after recreational legalization went into effect. "That has everything to do with the cost of cannabis to the end consumer." Produced by Zach Weissmueller. Camera by Alex Manning and Weissmueller. "kick, push" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/) Source: http://freemusicarchive.org/music/Ryan_Little/~/kick_push Artist: http://freemusicarchive.org/music/Ryan_Little "Soul High" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/) Source: http://freemusicarchive.org/music/Ryan_Little/Before_Dawn_II/02_Soul_High Artist: http://freemusicarchive.org/music/Ryan_Little "Sand Castles" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/) Source: http://freemusicarchive.org/music/Ryan_Little/Before_Dawn_II/06_Sandcastles Artist: http://freemusicarchive.org/music/Ryan_Little "Street Light" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/) Source: http://freemusicarchive.org/music/Ryan_Little/Before_Dawn_II/11_Street_Light_-_LIFE_Ryan_Little_Boom_Bap_Edit Artist: http://freemusicarchive.org/music/Ryan_Little "Get Up" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/) Source: http://freemusicarchive.org/music/Ryan_Little/Before_Dawn_II/07_Get_Up Artist: http://freemusicarchive.org/music/Ryan_Little "Cast in Wicker" by Blue Dot Sessions is licensed under a Creative Commons Attribution-NonCommercial license (https://creativecommons.org/licenses/by-nc/4.0/) Source: http://freemusicarchive.org/music/Blue_Dot_Sessions/Aeronaut/Cast_in_Wicker Artist: http://freemusicarchive.org/music/Blue_Dot_Sessions/ "Tranquility Base" by A.A. Aalto is licensed under a Creative Commons Attribution-NonCommercial license (https://creativecommons.org/licenses/by-nc/3.0/) Source: http://freemusicarchive.org/music/A_A_Aalto/Bright_Corners/Tranquility_Base Artist: http://freemusicarchive.org/music/A_A_Aalto
Views: 210835 ReasonTV
Demand for housing in Washington, DC is going through the roof. Over a thousand people move to the nation's capital every month, driving up the cost of housing, and turning the city into a construction zone. Tower cranes rising high above the city streets have become so common, they're just part of the background. But as fast as the cranes can rise, demand for housing has shot up even faster, making DC among the most expensive cities in the United States. With average home prices at $453 per square foot, it's every bit as expensive as New York City. And the struggles of one homebuilder shows just why the city's shortage looks to continue for a long time. "I got driven down the tiny house road because of affordability, simplicity, sustainability, and then mobility," says Jay Austin, who designed a custom 140-square-foot house in Washington, DC. Despite the miniscule size, his "Matchbox" house is stylish, well-built, and it includes all the necessities (if not the luxuries) of life: a bathroom, a shower, a modest kitchen, office space, and a bedroom loft. There's even a hot tub outside. Clever design elements make the most of minimalism. The Matchbox's high ceilings, skylight, and wide windows make the small space feel modern, uncluttered, and open. At a cost that ranges from $10,000 to $50,000, tiny homes like the Matchbox could help to ease the shortage of affordable housing in the capital city. Heating and cooling costs are negligible. Rainwater catchment systems help to make the homes self-sustaining. They're an attractive option to the very sort of residents who the city attracts in abundance: single, young professionals without a lot of stuff, who aren't ready to take on a large mortgage. But tiny houses come with one enormous catch: they're illegal, in violation of several codes in Washington DC's Zoning Ordinance. Among the many requirements in the 34 chapters and 600 pages of code are mandates defining minimum lot size, room sizes, alleyway widths, and "accessory dwelling units" that prevent tiny houses from being anything more than a part-time residence. That's why Austin and his tiny house-dwelling neighbors at Boneyard Studios don't actually live in their own homes much of the time. To skirt some of the zoning regulations, they've added wheels to their homes, which reclassifies them as trailers – and subjects them to regulation by the Department of Motor Vehicles. But current law still requires them to either move their homes from time to time, or keep permanent residences elsewhere. The DC Office of Zoning, the Zoning Commission, the Zoning Administrator, the Board of Zoning Adjustment, and the Office of Planning all declined to comment on the laws that prevent citizens from living in tiny houses. But their website offers a clue: Outdated terms like telegraph office and tenement house still reside in our regulations. Concepts like parking standards and antenna regulations are based on 1950s technology, and new concepts like sustainable development had not even been envisioned. Complex as it is, the Zoning Ordinance of the District of Columbia was approved in 1958. That's over five decades of cultural change and building innovations, like tiny houses, that the code wasn't designed to address. Exemptions and alterations to the code are possible – many are granted every year – but they don't come cheaply. Lisa Sturtevant of the National Housing Conference estimates that typical approvals add up to $50,000 to the cost of a new single-family unit. That's why large, wealthy developers enjoy greater flexibility to build in the city, but tiny house dwellers… not so much. Fortunately, a comprehensive rewrite of the zoning code has been in the works for much of the last decade. Efforts to allow more affordable housing are underway, although many of these solutions favor large developers. Future plans still forbid tiny houses. Austin estimates that, given the current glacial pace of change among the city's many zoning committees, tiny houses are "many years, if not decades out" from being allowed in the city. For now, Jay Austin is allowed to build the home of his dreams – he just can't live there. The Matchbox has become a part-time residence and a full-time showpiece. The community of tiny houses at Boneyard Studios are periodically displayed to the public in the hopes of changing a zoning authority that hasn't updated a zoning code in 56 years. Runs about 10:30 Produced, shot, written, narrated, and edited by Todd Krainin. Music by Associated Production Music and Lee Rosevere. Go to http://reason.com/reasontv/2014/08/07/jay-austins-beautiful-illegal-tiny-house for downloadable versions and subscribe to ReasonTV's YouTube Channel to receive notifications when new material goes live.”
Views: 2930248 ReasonTV
9 August 2017 Legislative Council, NSW Parliament Disallowance Motion - National Energy Retail Law (Adoption) Amendment (Deregulation) Regulation 2017 The Hon. ADAM SEARLE ( 16:17 ): I thank Mr Jeremy Buckingham for moving this motion and the Leader of the Government and the Hon. Robert Brown for their contributions. I indicate that the Opposition will not support the disallowance motion. Let it be very clear that deregulation of the retail electricity market has failed. In 2014 the Government, by regulation, deregulated the retail electricity market— The Hon. Shayne Mallard: We are talking about gas. What about gas? The Hon. ADAM SEARLE: We will come to that, because the two are linked. For the benefit of the member, gas prices feed directly into inflated electricity prices because gas, as well as being a fuel in its own right, is used to generate electricity. The Minister has acknowledged on more than one occasion that gas prices are one of the cost drivers increasing electricity prices in this State and elsewhere. The Government deregulated retail electricity prices. It is true that the regulated tariff was not by itself delivering lower prices anymore but it did have the benefit of acting as a touchpoint in the market—a comparator, if you will—that is now missing. From the research of Carbon Market Economics and others we know that within months of deregulation of retail electricity prices the retailers had marked up their margins by 10 to 15 per cent on consumers. Those margins have continued to be marked up by percentages well in excess of inflation and wage growth, stripping money out of businesses and forcing households to the wall through escalating electricity prices. If disallowing this regulation would have the effect not necessarily of bringing down gas prices but at least of slowing their rate of increase, we would vote for the disallowance motion. But it will not have that effect because, as the Minister indicated, the machinery for fixing the regulated tariff has itself been stripped out. I acknowledge that my party voted for it because at that time—more than two years ago—the effect of deregulation on electricity was not clear, as it is today, and it was to be hoped that competition would lead to lower prices. The Hon. Robert Brown: That was the promise. The Hon. ADAM SEARLE: That was the promise, which has significantly failed. We are not in a position to support the disallowance motion because it would muddle the regulatory position and the very limited work being done by the Independent Pricing and Regulatory Tribunal [IPART] in this area. I think the Minister has overcooked the pudding by referring to the terror and the catastrophe that might result if this disallowance motion is agreed to. But that is not the case and nor is it the case that making this disallowance a reality will slow the rate at which gas prices increase. When the legislation was passed the Government delayed deregulation of retail gas prices to improve competition. I note what the Minister said but the truth is otherwise. The price of gas has been escalating way in excess of inflation repeatedly since the Government embarked on the deregulation of energy at a retail level. It may not be entirely the result of deregulation. The Hon. Don Harwin: There is a big thing at the Curtis— The Hon. ADAM SEARLE: I acknowledge the Minister's interjection. There is no doubt that that is one of the effects. The opacity in the gas market and the lack of competition are factors in gas prices going up and, as I indicated at the outset, that is one of the key factors driving electricity prices. The Government said that retail electricity price deregulation and privatisation would bring down power costs but that is not what occurred. I note what the Minister said about the Australian Energy Regulator and how network prices are allegedly 3 per cent lower. The truth is that they would be much lower today if the Government had not gone to court to stop the energy regulator cutting those network costs even further. That would have offset this most recent round of increases..... FULL TRANSCRIPT at https://www.parliament.nsw.gov.au/Hansard/Pages/HansardResult.aspx#/docid/HANSARD-1820781676-74056/link/95
Views: 5 Adam Searle MLC
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Deregulation” Cutting red tape. The process of removing legal or quasi-legal restrictions on the amount of competition, the sorts of business done, or the prices charged within a particular industry. During the last two decades of the 20th century, many governments committed to the free market pursued policies of liberalization based on substantial amounts of deregulation hand-in-hand with the privatization of industries owned by the state. The aim was to decrease the role of government in the economy and to increase competition. Even so, red tape is alive and well. In the united states, with some 60 federal agencies issuing more than 1,800 rules a year, in 1998 the code of federal regulations was more than 130,000 pages thick. However, not all regulation is necessarily bad. According to estimates by the American office of management and budget, the annual cost of these rules was $289 billion, but the annual benefits were $298 billion. By Barry Norman, Investors Trading Academy - ITA
Views: 5936 Investor Trading Academy
2018 Templeton Freedom Award Finalist: The Mercatus Center at George Mason University (Arlington, Virginia), "Unleashing Prosperity by Cutting State Regulations" The term “burdensome regulations” under-communicates just how harmful their impact can be. Ever-growing regulatory codes pose a very tangible and acutely felt burden on the lives of real people. They are the ones who feel the pain the most from a seemingly ever-growing Leviathan state. Enter the Mercatus Center at George Mason University, which saw an opportunity to change this ongoing problem using its ground-breaking RegData software to paint a clear picture of how reducing state-level regulations can have a measurable improvement on economic growth. RegData’s “snapshots” of the regulatory codes of 26 states show the real-world effects of how regulations shape economic growth. These snapshots give states a way forward to reduce their regulatory burdens and make a meaningful difference in their citizens’ lives. Kentucky, for example, partnered directly with Mercatus for its regulatory reform initiative. As of August 2018, the state has reviewed over 2,300 regulations, repealed 453 of them, amended an additional 424, and identified hundreds more for future action. So far, Mercatus’s RegData snapshots have reduced red tape in seven states—and more are in progress. These red tape reductions represent an opportunity for economic growth, new job prospects, and overall more prosperity and opportunity for all.
Views: 12888 Atlas Network
Generic drugs amount to 90% of all prescriptions filled in the U.S., most of them made in plants in India and China. Generic drugs can be more affordable, but in her new explosive book “Bottle of Lies: The Inside Story of the Generic Drug Boom,” investigative journalist Katherine Eban works with two industry whistleblowers to expose how some manufacturers are cutting corners at the cost of quality and safety. This comes as the U.S. Food and Drug Administration just issued its own update on the state of pharmaceutical quality that found the drug quality of factories in India and China scored below the world average. FDA officials say that’s because more robust inspections have uncovered problems and that “the quality of the drug supply has never been higher.” #DemocracyNow Democracy Now! is an independent global news hour that airs on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate FOLLOW DEMOCRACY NOW! ONLINE: YouTube: http://youtube.com/democracynow Facebook: http://facebook.com/democracynow Twitter: https://twitter.com/democracynow Instagram: http://instagram.com/democracynow SoundCloud: http://soundcloud.com/democracynow iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554 Daily Email Digest: https://democracynow.org/subscribe
Views: 24880 Democracy Now!
The introduction of specialty drugs to treat Hepatitis C focused public attention on the cost of new medical innovations that are both highly effective and expensive. Who should finance these treatments, and how? Policy experts have developed models to quantify the value of new treatments for chronic conditions, but such price estimates are often significantly less than the manufacturer’s list price and the value patients place on effective treatment. How should we place a financial value on specialty drugs and other medical innovations? Can we preserve incentives for research and innovation while still making care affordable? Should the federal government establish national clinical guidelines, regulate the pricing of new medical innovations, or institute price negotiation for Medicare? Join AEI as a panel of health care experts discusses these important questions on financing effective — but expensive — health care treatments. Join the conversation on social media with @AEI on Twitter and Facebook. We are taking questions from our online audience at this event. To submit a question for consideration, go to sli.do and use code AEIEvent. Subscribe to AEI's YouTube Channel https://www.youtube.com/user/AEIVideos?sub_confirmation=1 Like us on Facebook https://www.facebook.com/AEIonline Follow us on Twitter https://twitter.com/AEI For more information http://www.aei.org #aei #news #politics #live #livestream
Views: 2280 American Enterprise Institute
Healthcare is a commodity, not a right.
Views: 325773 The Daily Wire
The City of Ottawa has declared a state of emergency as river levels continue to rise, threatening to surpass those reached when flooding devastated some neighbourhoods two years ago. Read more: www.cbc.ca/1.5111117 »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX Find CBC News on Facebook: http://bit.ly/1WjG36m Follow CBC News on Twitter: http://bit.ly/1sA5P9H For breaking news on Twitter: http://bit.ly/1WjDyks Follow CBC News on Instagram: http://bit.ly/1Z0iE7O Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
Views: 18604 CBC News
정부, 비트코인 등 가상화폐 규제 Things are looking up for investors in virtual currencies this year. Still, there are lingering concerns of a bubble... with more than a million Koreans believed to hold at least some Bitcoin. Top officials met to formulate ways to regulate that market. Kim Hyesung gets us up to speed with the developments. The Korean government has announced a series of measures to curb speculation on cryptocurrencies amid what appears to be a speculative frenzy. During an emergency meeting Wednesday, senior officials from various ministries, including justice, finance, and others agreed to crack down on cryptocurrency-related crimes such as hacking and illegal foreign exchange transactions. The government is concerned that a cryptocurrency market bubble could cost people significant amount of money, so it said banks will have to thoroughly verify users' identities and make sure they conduct cryptocurrency transactions only with their own accounts. Minors and foreigners will be banned from opening investment accounts. On top of individuals, financial institutions will also be banned from buying and selling virtual currencies. They are also banned from raising money through bitcoin and other cryptocurrencies, making Korea the second country after China to do so. Such measures come amid the growing craze over bitcoin. The virtual currency has been trading in Korea at a significant premium over prevailing international rates. As for taxing cryptocurrency capital gains, government officials said they will announce details after discussing with experts through a taskforce team and refer to other countries' polices so as not to hinder the development of technologies like blockchain. Kim Hyesung, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld
Views: 228 ARIRANG NEWS
Carpenter, author of Reputation and Power:Organizational Image and Pharmaceutical Regulation at the FDA will join us to discuss the FDA and the pharmaceutical industry. The U.S. Food and Drug Administration is the most powerful regulatory agency in the world. How did the FDA become so influential? And how exactly does it wield its extraordinary power? Carpenter traces the history of FDA regulation of pharmaceuticals, revealing how the agency's organizational reputation has been the primary source of its power, yet also one of its ultimate constraints. Sponsored by the USC Bedrosian Center as part of it's on-going Governance Salons. Daniel Carpenter is Allie S. Freed Professor of Government and Director of the Center for American Political Studies in the Faculty of Arts and Sciences at Harvard University. For the 2011-2012 academic year, he is a Walter Channing Cabot Faculty Fellow at Harvard, and a visiting researcher at the Institut d'Études Politiques at the Université de Strasbourg in France. He graduated from Georgetown University in 1989 with distinction in Honors Government and received his doctorate in political science from the University of Chicago in 1996. He taught previously at Princeton University (1995-1998) and the University of Michigan (1998-2002). He joined the Harvard University faculty in 2002. Dr. Carpenter mixes theoretical, historical, statistical and mathematical analyses to examine the development of political institutions, particularly in the United States. He focuses upon public bureaucracies and government regulation, particularly regulation of health and financial products. His dissertation received the 1998 Harold D. Lasswell Award from the American Political Science Association and as a book - The Forging of Bureaucratic Autonomy: Reputations, Networks and Policy Innovation in Executive Agencies, 1862-1928 (Princeton: Princeton University Press, 2001) - was awarded the APSA's Gladys Kammerer Prize as well as the Charles Levine Prize of the International Political Science Association. His recently published book on pharmaceutical regulation in the United States is entitled Reputation and Power: Organizational Image and Pharmaceutical Regulation at the FDA (Princeton: Princeton University Press, 2010), and has received the 2011 Allan Sharlin Memorial Award from the Social Science History Association. Professor Carpenter has held fellowships from the John Simon Guggenheim Foundation, the Radcliffe Institute for Advanced Study, the Center for Advanced Study in the Behavioral Sciences, the Brookings Institution and the Santa Fe Institute. He has received grants from the National Endowment for the Humanities, the National Science Foundation, the Robert Wood Johnson Foundation (Scholars in Health Policy 1998-2000, Investigator Award in Health Policy Research 2004-2007), the Alfred Sloan Foundation, the Russell Sage Foundation and the Safra Center for Ethics. In the past few years, Professor Carpenter is the winner of both the 2011 Herbert Simon Award of the Midwest Political Science Association for a scholar "who has made a significant career contribution to the scientific study of bureaucracy", as well as the 2011 David Collier Award of the American Political Science Association for career contributions to qualitative and multi-method research. In addition to his ongoing teaching and scholarship on the political economy of government regulation and health, Professor Carpenter has recently launched a long-term project on petitioning in North American political development, examining comparisons and connections to petitioning histories in Europe and India. He hopes to draw upon the millions of petitions in local, state and federal archives to create an educational, genealogical and scholarly resource for citizens, students and scholars.
Views: 43855 USC Price
From Dan Rather Reports (2009) "SOLD". Rising unemployment, weak home prices and an increasing foreclosure crisis, are threatening families, cities and the entire U.S. economy. We speak to Harvard law professor, and bankruptcy specialist, Elizabeth Warren, who has studied the economy and foreclosures and their dramatic, long term effect on the middle class of the United States. Also, what happens to all those houses that are repossessed by the banks? They are often auctioned off to the highest bidder. A huge home auction in Fort Myers, Florida takes place over three days while just a few miles away families line up at a food kitchen. Learn how the great recession has created a surprising and burgeoning problem in the wealthiest nation on earth -- hunger. In this exerpt, Warren talks about "Market Regulation".
Views: 9945 Marie Marr