Season 1 Episode
- Season 1 Intro to Economics
- Season 1 Specialization and Trade
- Season 1 Economic Systems and Macroeconomics
- Season 1 Supply and Demand
- Season 1 Macroeconomics
- Season 1 Productivity and Growth
- Season 1 Inflation and Bubbles and Tulips
- Season 1 Fiscal Policy and Stimulus
- Season 1 Deficits & Debts
- Season 1 What's all the Yellen About? - Monetary Policy and the Federal Reserve
- Season 1 Money and Finance
- Season 1 The 2008 Financial Crisis
- Season 1 Recession, Hyperinflation, and Stagflation
- Season 1 Economic Schools of Thought
- Season 1 Imports, Exports, and Exchange Rates
- Season 1 Globalization and Trade and Poverty
- Season 1 Income and Wealth Inequality
- Season 1 Marginal Analysis, Roller Coasters, Elasticity, and Van Gogh
- Season 1 Markets, Efficiency, and Price Signals
- Season 1 Price Controls, Subsidies, and the Risks of Good Intentions
- Season 1 Market Failures, Taxes, and Subsidies
- Season 1 Environmental Econ
- Season 1 Economics of Education
- Season 1 Revenue, Profits, and Price
- Season 1 Monopolies and Anti-Competitive Markets
- Season 1 Game Theory and Oligopoly
- Season 1 Behavioral Economics
- Season 1 Labor Markets and Minimum Wage
- Season 1 The Economics of Healthcare
- Season 1 The Economics of Death
- Season 1 Taxes
- Season 1 The Underground Economy
- Season 1 The Economics of Immigration
- Season 1 Foreign Aid and Remittance
- Season 1 The Economics of Happiness
Crash Course Economics - Season 1 Episode 16 Globalization and Trade and Poverty
2.00 10 minutes What is globalization? Is globalization a good thing or not. Well, I have an answer that may not surprise you: It's complicated. This week, Jacob and Adriene will argue that globalization is, in aggregate, good. Free trade and globalization tend to provide an overall benefit, and raises average incomes across the globe. The downside is that it isn't good for every individual in the system. In some countries, manufacturing jobs move to places where labor costs are lower. And some countries that receive the influx of jobs aren't prepared to deal with it, from a regulatory standpoint. Anyway, Jacob and Adriene can explain the whole thing to you in 10 minutes.
