Why The 2022 Nobel Prize For Economics Is Making People So Angry

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Economics Explained

Economics Explained

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Get Surfshark VPN at 🤍surfshark.deals/ECONOMICS - Enter promo code ECONOMICS for 85% off and 3 extra months free! 0:00 - 1:35 Economics Nobel Prize 1:36 - 2:55 Surfshark 2:56 - 4:19 Ben Bernanke 4:20 - 7:45 Great depression bank runs 7:46 - 9:00 2008 recession 9:01 - 13:11 Diamond Dybvig model 13:12 - 13:58 Importance of banks 13:59 - 15:07 Too big to fail? 15:08 EE merch store ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: 🤍🤍youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 🤍bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → 🤍🤍youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g 🤍🤍youtube.com/🤍economicsexplainedessentia551 ✉️ Business Enquiries → hello🤍economicsexplained.com 🎧 Listen to EE on Spotify! 👉 🤍anchor.fm/EconomicsExplained Follow EE on social media: Instagram → 🤍🤍instagram.com/economicsexplained/ Twitter 🐦 → 🤍twitter.com/EconomicsEx Facebook → 🤍🤍facebook.com/EconomicsEx #Economics #Explained #EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 🤍🤍patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

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Why The 2022 Nobel Prize For Economics Is Making People So Angry
Why The 2022 Nobel Prize For Economics Is Making People So Angry
Why The 2022 Nobel Prize For Economics Is Making People So Angry
Why The 2022 Nobel Prize For Economics Is Making People So Angry
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Комментарии пользователей:
Sędziwój
2023-01-26 15:38:41

wow so great, I can make same fundamental theories, maybe without calculation, but giving Nobel price for so obvious solution is... showing how people in economics are not as smart as they think they are.
EDIT 4 decades ago or not, still is so simple... and what law they put on banks to make it better?
BTW I still one thing which should be put in law is prohibition of commercial rent of personal homes/apartament, and limiting for not commercial to 1 or 2. Because homes should never be view as assets from country point of view.

Lewis
2023-01-18 19:47:03

Don't know how Obama got the Nobel Peace Prize when he forgot the promise to end the war in Afghanistan

Jérôme Blanchet
2023-01-08 06:31:30

Haters gonna hate
2022: Bernanke should not get the Nobel Prize of Economics Science and the Prize is not even a real Novel Prize
1921: Einstein should not get the Nobel Prize of Physics. Those are theoretical ideas and not focused on facts and data

When you think about the Fields Medal, you think of it like the Nobel Prize of Math, even if it is technically not a Nobel Prize, right? So, same thing here. This Economics Science Prize is the equivalent of the Nobel Prize, no matter it is technically a Nobel Prize or not.

Nothing but the Truth
2023-01-06 08:08:49

Lets not fool ourselves though, what D&D proposed is essentially how banks can make fractional reserve banking even more dangerous and keep the absolute least amount of capital on hand. Now this is a great idea except for one thing that was stated in this video near the very beginning. Economists cannot predict the future. A black swan is a black swan because it was completely unpredictable. But, in all fairness, they may as well institute it as we are already too far gone to prevent the next wave of bank runs anyway when the next crisis hits.

thelastunicorn1987
2023-01-06 00:27:25

It is gone, we lived through the zenith of our time.The corrupt government will take down this country like what happened to Rome. My condolence for anyone approaching retirement you may have concerns over whether your pension pot will stretch to cover the rising costs of living. Bad energy policy, bad foreign policy, bad regulatory policy, and insane fiscal policy.

Violinist 1
2023-01-05 22:36:40

Is your accent "South African?"

phuturephunk
2023-01-05 21:30:12

That award should straight not exist.

sohan patel
2023-01-05 20:28:56

Simple formula to get Nobel piece price is condemn to Russia extremely and be anti Russia 😂..
Stop consider this award as a globally, because it’s a euro centric and based your their personal interest only 🤗.

Good luck ❤

sohan patel
2023-01-05 20:28:43

Simple formula to get Nobel piece price is condemn to Russia extremely and be anti Russia 😂..
Stop consider this award as a globally, because it’s a euro centric and based your their personal interest only 🤗.

Good luck 🎉

Ryan Patterson
2022-12-30 03:41:54

There is no Nobel prize in economics.

Business Wolf
2022-12-28 14:15:14

So, banks awarded (read funded) an economist who said we need banks to recover from crysis.

nick theile
2022-12-27 22:55:31

Satoshi Nakamoto youtube.com/results?search_query=%23endthefed #EndTheFED

Michael Couvillion
2022-12-27 22:43:16

It's amusing that you think "four decades ago" is actually a long time re these trivial insights about the value of deposit insurance. Like 1983 was some unknown epoch, and people back then treated had no idea how money and finance worked. Just because you studied economics in 2010 doesn't mean it was invented then, you goofball.

Sean Azpeitia
2022-12-26 22:07:39

There is no such thing as "Nobel Prize in Economics"
There is a "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel." that was created by Sweden’s Central Bank nearly 75 years AFTER Nobel died. It's the highest achievement in Economics but it isn't a Nobel Prize. Alfred Nobel set up exactly five prizes: physics, chemistry, physiology or medicine, literature and for peace, and didn't leave any means to extend or shorten the list.

Members of the Nobel family are among the harshest, most persistent critics of the economics prize, and members of the family have repeatedly called for the prize to be abolished or renamed.

Paquito TM
2022-12-26 14:14:33

For me fractionary reserve is the main problem. It shouldn't exist, it's a monetary fraud, you're creating more money out of nothing.

Frank Thompson
2022-12-25 18:16:15

I’d love to see an EE video on pros and cons of a flat tax model for USA. Every time I hear this, it just seems like the simple holy grail answer to me, but I’m sure I’m missing many considerations. I HATE the current USA tax code system

Tony Nordin
2022-12-24 23:12:37

The Nobel prize was also ment to be awarded to inventors, something that the Nobel Committee pretty much ignores. One of the few people that was awarded the Nobel prize for his inventions was Gustaf Dalén back in 1912. Prize motivation: “for his invention of automatic regulators for use in conjunction with gas accumulators for illuminating lighthouses and buoys”

Sebastien La Duca
2022-12-24 02:48:55

Nice subtle little joke about FTX at 8yv0JwKdMrs&t=11m38s 11:38 lol

Noneofyour Business
2022-12-23 02:31:05

Really, there are people writing papers for these obvious things? Oh wait, they are not real scientists, they are economists....

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