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Source link: http://archive.mises.org/16669/trade-is-made-of-win-part-3-trade-conserves-wealth/

Trade is Made of Win, Part 3: Trade Conserves Wealth

April 28, 2011 by

Here’s the third and final installment of my “Trade is Made of Win” series, which is part of the IHS LearnLiberty.org project.

As I prep for my classes–the last classes of the semester–this morning it’s interesting to reflect on just how much the educational universe has changed since I joined the faculty at Rhodes College in 2006. If they’ve done their assignments, my econ 100 students have watched Roger Garrison’s amazing “Austrian Theory of the Trade Cycle” lecture to prep for today’s discussion of the Austrian theory of the business cycle. The LearnLiberty videos are amazingly well-edited. Ben Powell’s explanation of basic public choice, for example, packs one of the most important lessons in all of political economy into a very clear and lucid two minutes and twenty seconds. I’ll be using videos like these as supplements for years to come.

{ 4 comments }

Tyrone Dell April 28, 2011 at 12:36 pm

What the heck. All these great videos are coming out all of a sudden. This is awesome.

Nelson April 28, 2011 at 6:30 pm

Is it just me or is the audio only coming from the left side?

BlissPoint April 29, 2011 at 3:11 am

just you I think. These videos really are great: well produced and an invaluable lesson in two minutes.

Vanmind May 2, 2011 at 11:04 pm

Another great lesson. More, please.

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