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11/3/2008 -Peter Schiff On Squawk Box:Economic Impact Of Obama Victory
Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias' next cyclical inflationary real estate bull market.
Alex Jones Show_Joseph E. Stiglitz:A 3 Trillion $ Problem p3
http://www2.gsb.columbia.edu/faculty/jstiglitz/index.cfm http://www.infowars.com/ Joseph E. Stiglitz was born in Gary, Indiana in 1943. A graduate of Amherst College, he received his PHD from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the John Bates Clark Award, given biennially by the American Economic Association to the economist under 40 who has made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and was the Drummond Professor and a fellow of All Souls College, Oxford. He is now University Professor at Columbia University in New York and Chair of Columbia University's Committee on Global Thought. He is also the co-founder and Executive Director of the Initiative for Policy Dialogue at Columbia. In 2001, he was awarded the Nobel Prize in economics for his analyses of markets with asymmetric information. Stiglitz was a member of the Council of Economic Advisers from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000. Stiglitz holds a part-time appointment at the University of Manchester as Chair of the Management Board and Director of Graduate Summer Programs at the Brooks World Poverty Institute. Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but of policy analysts. He has made major contributions to macro-economics and monetary theory, to development economics and trade theory, to public and corporate finance, to the theories of industrial organization and rural organization, and to the theories of welfare economics and of income and wealth distribution. In the 1980s, he helped revive interest in the economics of R&D. His work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance. Recognized around the world as a leading economic educator, he has written textbooks that have been translated into more than a dozen languages. He founded one of the leading economics journals, The Journal of Economic Perspectives. His book Globalization and Its Discontents (W.W. Norton June 2001) has been translated into 35 languages and has sold more than one million copies worldwide. Other recent books include The Roaring Nineties (W.W. Norton), Towards a New Paradigm in Monetary Economics (Cambridge University Press) with Bruce Greenwald, Fair Trade for All (Oxford University Press), with Andrew Charlton, and Making Globalization Work, (WW Norton and Penguin/ Allen Lane, September 2006). His most recent book, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, with Linda Bilmes of Harvard University, was published in March 2008 by WW Norton and Penguin/ Allen Lane.
Alex Jones Show_Joseph E. Stiglitz:A 3 Trillion $ Problem p2
http://www2.gsb.columbia.edu/faculty/jstiglitz/index.cfm http://www.infowars.com/ Joseph E. Stiglitz was born in Gary, Indiana in 1943. A graduate of Amherst College, he received his PHD from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the John Bates Clark Award, given biennially by the American Economic Association to the economist under 40 who has made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and was the Drummond Professor and a fellow of All Souls College, Oxford. He is now University Professor at Columbia University in New York and Chair of Columbia University's Committee on Global Thought. He is also the co-founder and Executive Director of the Initiative for Policy Dialogue at Columbia. In 2001, he was awarded the Nobel Prize in economics for his analyses of markets with asymmetric information. Stiglitz was a member of the Council of Economic Advisers from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000. Stiglitz holds a part-time appointment at the University of Manchester as Chair of the Management Board and Director of Graduate Summer Programs at the Brooks World Poverty Institute. Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but of policy analysts. He has made major contributions to macro-economics and monetary theory, to development economics and trade theory, to public and corporate finance, to the theories of industrial organization and rural organization, and to the theories of welfare economics and of income and wealth distribution. In the 1980s, he helped revive interest in the economics of R&D. His work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance. Recognized around the world as a leading economic educator, he has written textbooks that have been translated into more than a dozen languages. He founded one of the leading economics journals, The Journal of Economic Perspectives. His book Globalization and Its Discontents (W.W. Norton June 2001) has been translated into 35 languages and has sold more than one million copies worldwide. Other recent books include The Roaring Nineties (W.W. Norton), Towards a New Paradigm in Monetary Economics (Cambridge University Press) with Bruce Greenwald, Fair Trade for All (Oxford University Press), with Andrew Charlton, and Making Globalization Work, (WW Norton and Penguin/ Allen Lane, September 2006). His most recent book, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, with Linda Bilmes of Harvard University, was published in March 2008 by WW Norton and Penguin/ Allen Lane.
Thomas Sowell - Welfare
A young Thomas Sowell debates the dynamics of welfare with Pennsylvania Secretary of Welfare, Helen O'Banion (1980)
11/7/2008 -Peter Schiff On CNBC Special Reports: Can Motor City Survive?
Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias' next cyclical inflationary real estate bull market.
Why we need the welfare state
The welfare state, a broad concept encompassing public education, social security, Medicare, Medicaid, etc..., is needed because the market cannot ensure the universal provision of a good or service and cannot function efficiently unless 4 assumptions, called the "standard assumptions," hold.
Fascism, Anti-Fascism, and the Welfare State part 1
Whenever the fascists came to power in Europe, they banned the work of the Austrian economists. The reason: the Austrians wrote as vehemently against "right-wing" central planning as against old-fashioned left-wing socialism. While many are alert to the dangers of socialism, far fewer know of the danger of fascism, which might be defined as economic regimentation toward monopolized state capitalism. The word fascism is so often used as a swear word that we might sometimes forget that it really did exist as a system of political economy, and it continues to exist as a policy tendency. Like socialism, it took on different forms in different countries. Its spirit continues to exert a huge influence on the organization of economic life today. As in the 1930s, it is assumed that the economy must be managed by the either the right or the left: socialism or fascism is our choice. Just as important, fascist-style thinking has experienced resurgence. One is just as likely today to find critics of the market economy on the right as on the left. Whereas the left wants to wreck the free market for the sake of equality and fairness, the right wants central planning for war, cultural renewal, and national pride. Both choices come at the expense of liberty. Once again, it seems that the Austrians alone offer a consistent alternative to the newly fashionable system of economic control. (From the Mises Institute, Auburn, Alabama)
Corporatism and Reforming the Welfare State
Hi this one is a bit longer, but I think the info is worth the watch, let me know what you think! This takes on from this video on Distribution of Wealth: http://uk.youtube.com/watch?v=327u-6wYMto Which follows this video on Economic Growth: http://uk.youtube.com/watch?v=XaA9T_8G-P4 Michael Parenti - Welfare for the Welfare: http://uk.youtube.com/watch?v=jcTYoxLXQiQ Please buy my favourite ever book on politics, "It doesn't have to be like this" - you can get it for a penny plus postage used and new on amazon: http://www.amazon.co.uk/gp/offer-listing/1854250337/ref=dp_olp_2?ie=UTF8&qid=1210498939&sr=8-3 Thanks to everyone who rated this video so quickly!
Niskanen's Model of Bureaucracy
A bit of a public finance/welfare economics type video, on bureaucracy and inefficiency.
Power of the Market - Welfare
Milton Friedman explains the dynamics of welfare (8 of 31)