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The Rise of Sound Economics into the Information Age
In this video, we explore the four major schools of economics: Marxian, Keynesian, Classical, and Austrian. While Marxian and Keynesian economics dominate modern education and media, they often align with state-driven policies that favor government expansion. On the other hand, Classical and Austrian Economics, often overlooked in mainstream education, offer more logical and real-world applicable theories. We explain why these "sound" economics provide deeper insights into how the world works, often highlighting the economic success and stability seen in countries that follow their principles. As the Information Age challenges traditional media monopolies, there's a rising interest in Classical and Austrian Economics, thanks to the spread of knowledge through social media and online courses. In this video series, we aim to make these powerful ideas more accessible and digestible, helping you understand how sound economics can lead to a more prosperous and peaceful society.
00:00 - Introduction to Economic Schools of Thought
00:23 - Dominance of Marxian and Keynesian Economics
00:49 - The Case for Classical and Austrian Economics
01:38 - The Role of the Internet in Economic Education
02:09 - Our Mission
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