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Freakonomics: The Movie is a 2010 American documentary film based on the 2005 nonfiction book Freakonomics: A Rogue Economist Explores the Hidden Side of Everything written by economist Steven D. Levitt and writer Stephen J. Dubner. The film premiered at the Tribeca Film Festival in April 2010, and had a theatrical release later that year. [2]
While economic conditions influence the content and themes of films, films significantly shape public perceptions of economics and economic policies. The disparity between the reach of films like The Big Short , which sold 8.2 million tickets in the United States alone, and Thomas Piketty 's Capital in the Twenty-First Century (2013), which ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Basic Economics is a non-fiction book by American economist Thomas Sowell published by Basic Books in 2000. The original subtitle was A Citizen's Guide to the Economy, but from the third edition in 2007 on it was subtitled A Common Sense Guide to the Economy.
In mainstream economics, monetary policy (i.e., Central Bank adjustment of interest rates and its balance sheet) is the primary mechanism, assuming there is some interest rate low enough to achieve full employment. Kelton said that "cutting interest rates is ineffective in a slump" because businesses, expecting weak profits and few customers ...
In economics, economic rent is any payment to the owner of a factor of production in excess of the costs needed to bring that factor into production. [1] In classical economics, economic rent is any payment made (including imputed value) or benefit received for non-produced inputs such as location and for assets formed by creating official privilege over natural opportunities (e.g., patents).
Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. It states that the reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water.
Inequality for All is a 2013 documentary film directed by Jacob Kornbluth and narrated by American economist, author and professor Robert Reich.Based on Reich's 2010 book Aftershock: The Next Economy and America's Future, the film examines widening income inequality in the United States.
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