The biggest myths about economics, debunked | Economics Explained
Community Score: 50% | 882.9K views | 3y
0 community ratings: null thumbs up, null thumbs down
This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained In this video we show the economic misunderstandings around economies of scale & induced demand that still pervade in economics journalism and reporting. Learn how misconceptions about these basic economic concepts can impact city planning, business growth, and national policies. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw Enjoyed the video? Comment below! 💬 ⭑ Enjoyed? Hit the like button! 👍 Check out our second channel Economics Explained Essentials → https://www.youtube.com/@economicsexplainedessentia551 ✉️ Business Enquiries → hello@economicsexplained.com 🎧 Listen to EE on Spotify! 👉 https://open.spotify.com/show/5TFVUEJnYLOCmmfaDNHaM2 Also on Apple Podcasts or anywhe
Tags: economics, economics explained, economic myths, economic misunderstandings, economics lies, basic economics, induced demand traffic, induced demand housing, induced demand explained, induced demand myth, vox induced demand, economies of scale internal and external, economies of scale case study, economies of scale of production, economies of scale
Communities
- Education — 0 upvotes, 0 comments
More from Economics Explained
- Has the World Become Uninsurable? — Score: 50%
- Finland's Happy Little Economic Crisis — Score: 50%
- How Economics Has Changed Dating — Score: 50%
- The Rather Pathetic Economy of Russia | Economics Explained — Score: 50%
- Stagflation — Score: 50%
- The 2024 Nobel Prize in Economics: Explained — Score: 50%