Published By
Created On
28 Jan 2021 02:32:28 UTC
Transaction ID
Cost
Safe for Work
Free
Yes
What If MrBeast Gave $10,000,000 To An African Village?
MrBeast is known for giving away millions of dollars. But what if he went to an African village and gave them $10 million? Well, some economists did, and you won't believe what they found.
If you're learning or teaching about the fiscal multiplier, this video is a great example for you.
This video is based on the paper General Equilibrium Effects of Cash Transfers: Experimental Evidence from Kenya by Dennis Egger, Johannes Haushofer, Edward Miguel, Paul Niehaus, and Michael Walker.
RECOMMENDED VIDEOS
How MrBeast and Mark Rober Got 20,000,000 Trees Before 2020 | #TeamTrees Data! https://youtu.be/X-Z8ALICSxA
I spent 24 hours straight watching Avengers: Endgame https://youtu.be/014YuCFNGlg
Spending 12 hours straight watching Detective Pikachu https://youtu.be/pMsLlJyE9oY
...
https://www.youtube.com/watch?v=aHr91Hwlx-U
If you're learning or teaching about the fiscal multiplier, this video is a great example for you.
This video is based on the paper General Equilibrium Effects of Cash Transfers: Experimental Evidence from Kenya by Dennis Egger, Johannes Haushofer, Edward Miguel, Paul Niehaus, and Michael Walker.
RECOMMENDED VIDEOS
How MrBeast and Mark Rober Got 20,000,000 Trees Before 2020 | #TeamTrees Data! https://youtu.be/X-Z8ALICSxA
I spent 24 hours straight watching Avengers: Endgame https://youtu.be/014YuCFNGlg
Spending 12 hours straight watching Detective Pikachu https://youtu.be/pMsLlJyE9oY
...
https://www.youtube.com/watch?v=aHr91Hwlx-U
Author
Content Type
Unspecified
video/mp4
Language
English
More from the publisher
Controlling
VIDEO
SURVI
surviving-one-school-day-in-a-poor
Schools in developing countries face many challenges, so I looked at what it takes to survive.
Want to know about bad schooling goals? Check out this video: https://youtu.be/gfDN4ey15W4
Sign up for my newsletter: https://marketpower.substack.com
References Cited:
Nazmul Chaudhury, Jeffrey Hammer, Michael Kremer, Karthik Muralidharan, F. Halsey Rogers "Missing in Action: Teacher and Health Worker Absence in Developing Countries" Journal of Economic Perspectives
Ila Fazzio, Alex Eble, Robin L. Lumsdaine, Peter Boone, Baboucarr Bouy, Pei-Tseng Jenny Hsieh, Chitra Jayanty, Simon Johnson, Ana Filipa Silva," Large learning gains in pockets of extreme poverty: Experimental evidence from Guinea Bissau" Journal of Public Economics
Lant Prichett "The Rebirth of Education"
...
https://www.youtube.com/watch?v=3jiIUct8iw0
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
DOES
does-forgiving-student-debt-transform
On May 19, 2019 billionaire Robert F. Smith announced at Morehouse Commencement that he would pay the debts of the 400 students graduating that day, a gift worth $40 million. Presidential candidates like Elizabeth Warren and Bernie Sanders want to forgive all student debt. This video analyzes the economic consequences of forgiving student loans and asks what lessons we can learn for student debt forgiveness.
Robert Smith's commencement speech: https://www.youtube.com/watch?v=-P1CcRphVnM
Follow me on twitter! https://twitter.com/MarketPowerYT
Vox article on the natural experiment: https://www.vox.com/future-perfect/2019/5/20/18632520/morehouse-college-graduation-class-size-robert-f-smith-billionaire
...
https://www.youtube.com/watch?v=JnI1N-fh3mA
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
HOW T
how-to-fix-the-animal-market-in-planet
Shortly after Planet Zoo's release, the animal market in franchise mode broke. Inflation was rampant, you could only buy animals with conservation credits. How can Frontier fix the animal market? In this video I explain why the market is having a hard time correcting and how we can use economics to fix it.
This video came from a suggestion on Twitter. Send me suggestions! https://www.twitter.com/MarketPowerYT
Article referenced in the video: https://www.rockpapershotgun.com/2019/11/18/planet-zoo-is-temporarily-a-game-about-mass-producing-knackered-warthogs/
...
https://www.youtube.com/watch?v=RSAPsnCH9DY
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
THIS
this-movie-helped-poor-students-pass
Improving education in developing countries is a priority, and closing the gender gap in STEM subjects is even more important. I show how the Queen of Katwe, a Disney movie, caused girls in Uganda to do better on math exams by giving them a role model to overcome stereotype threat.
Talk with me on twitter: https://www.twitter.com/MarketPowerYT
RECOMMENDED VIDEOS
Does it matter which parent earns money? | Development Economics https://youtu.be/GuY5ZGoq-Zw
The First Lesson In Economics Is WRONG | Development Economics https://youtu.be/i2zlhZHeWLU
6 Biggest Lies About Majoring in Economics https://youtu.be/_qUbSBog_rw
For more on this research, see:
"Role models in movies: the impact of Queen of Katwe on students’ educational attainment" by Emma Riley
...
https://www.youtube.com/watch?v=2W6ytfsm44s
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
THE 5
the-5-best-books-for-learning-economics
One of the best ways to learn economics is by reading good books. Here are five books on interesting topics in economics: economic history, macroeconomics, development economics, and urban economics.
BOOKS
Economics Rules by Dani Rodrik https://amzn.to/2WPve1P
Sharing the Prize by Gavin Wright https://amzn.to/2WSVSXE
Fully Grown by Dietz Vollrath https://amzn.to/3axnJko
Poor Economics by Esther Duflo and Abhijit Banerjee https://amzn.to/2UHfiw8
The New Geography of Jobs by Enrico Moretti https://amzn.to/3bwlk9w
RECOMMENDED VIDEOS
15 Jobs You Can Get With An ECONOMICS MAJOR https://youtu.be/lIk8q6-LNRU
6 Biggest Lies About Majoring in Economics https://youtu.be/_qUbSBog_rw
5 Books that Helped Me LOVE Economics https://youtu.be/QSdW2qULhyE
How To Understand Elasticity https://youtu.be/1XXhpHJTglg
Perfect Competition In Real Life | Market equilibrium (Raspberry Shakes) https://youtu.be/Ipx_0kU-x84
...
https://www.youtube.com/watch?v=2LizBBpmysY
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
I PAI
i-paid-people-to-watch-cats-instead-of
Star Wars: The Rise of Skywalker faced some pretty tough competition its opening weekend with the simultaneous release of Cats. I wanted to see how much money it takes to get someone to switch from seeing Daisy Ridley in Star Wars to seeing Taylor Swift in Cats. His reaction to Cats is priceless. NO SPOILERS.
#MayThe4th
If you want to understand why Cats bombed at the box office and lost so much money, this is what you need to see.
This is a great video for teaching the economic principle of opportunity cost. #economics #TeachEcon
RECOMMENDED VIDEOS
Paying People To NOT Watch Star Wars: The Rise of Skywalker https://youtu.be/fOSOEp3FaO4
How To Sell a $1 Bill for $10 | The Dollar Auction Experiment https://youtu.be/49S4M_Zyc0s
I Spent 24 Hours Straight Watching Avengers Endgame https://youtu.be/014YuCFNGlg
How To Become a BILLIONAIRE Smuggling Thanksgiving Dinner https://youtu.be/jSJPV6HX5rU
Funeral Procession by Twin Musicom is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/)
Artist: http://www.twinmusicom.org/
For Cartel members only: https://youtu.be/bpr-PpaL7IM
...
https://www.youtube.com/watch?v=CB_p-A5HgYI
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
WHY T
why-the-weakest-pokemon-cards-are-worth
Pokemon cards are a hot investment, so I collected data on Pokemon card prices to understand what drives demand. We found some interesting results. #economics
Sign up for my newsletter here: https://marketpower.substack.com/
And you can find me on twitter: https://www.twitter.com/MarketPowerYT
RECOMMENDED VIDEOS
Does College Really Boost Your Salary? The Hidden Variable https://youtu.be/D13gt5h_Whk
Does Police Militarization CAUSE Police Violence? https://youtu.be/K5uGGVoHlyA
The Best Way to STAND OUT as an Economics Student https://youtu.be/XbXsHn32VyY
6 Biggest Lies About Majoring in Economics https://youtu.be/_qUbSBog_rw
...
https://www.youtube.com/watch?v=-X9MDqyi7W4
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
BREAK
breaking-youtube-content-id-to-see-how
YouTube Content ID can break a channel, so I decided to break the algorithm. Using different songs, I look at which music triggers the algorithm and how long a song can play before Content ID issues a claim.
RECOMMENDED VIDEOS
We Got ILLEGAL Lego Bricks For Christmas https://youtu.be/rMs2IAdar_I
Making a Robot Design My Thumbnail Was A Mistake https://youtu.be/5bRLORuxNE8
Artificial Intelligence wrote my video https://youtu.be/Y8tLRhZuAJw
For Cartel members only: https://youtu.be/TCGFDqx0w5M
...
https://www.youtube.com/watch?v=DRCPzRfej5c
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English
Controlling
VIDEO
THE F
the-first-lesson-in-economics-is-wrong
Critics like to point out when economics is wrong, but did you ever think that the first lesson you learn in economics could be wrong? This video looks at research on production possibilities frontiers (PPF) and seeing how they apply in real life. It also covers some of the economics of gender.
Primer's video on the PPF https://www.youtube.com/watch?v=nsVD8VPh96w
Follow me on Twitter: https://www.twitter.com/MarketPowerYT
RECOMMENDED VIDEOS
6 Biggest Lies About Majoring in Economics https://youtu.be/_qUbSBog_rw
15 Jobs You Can Get With An ECONOMICS MAJOR https://youtu.be/lIk8q6-LNRU
The 5 Best Books For Learning Economics https://youtu.be/2LizBBpmysY
The Secret To Learning Which College Majors Pay The Most https://youtu.be/NWZsE4rlhOI
For more, see "Gender, Agricultural Production, and the Theory of the Household" by Chris Udry.
...
https://www.youtube.com/watch?v=i2zlhZHeWLU
Transaction
Created
1 month ago
Content Type
Language
video/mp4
English