Intro Micro: Adam Smith, Markets, Specialization, and Trade

Lots of Adam Smith quotes! The importance of voluntary trade, advantages of market systems, economic and personal freedom, and the advantages (and disadvantages!) of specialization. I discuss how the US government meddles in the market to screw things up, with things like the Sugar Program.

Handout for this video: https://drive.google.com/file/d/0B3-F...

These videos are part of a complete set of full-length lectures on Introductory Microeconomics. See the course with handouts at
https://www.burkeyacademy.com/microec...

Playlist of all videos:    • Intro Microeconomics: Complete Course  

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