Discussion 1

“Fundamental Economic Concepts” ____Please discuss the following videos in relationship to our course. For example, how does what is represented in these videos apply to managerial economics and our economics world? Rodney Dangerfield’s First Economics Class http://www.youtube.com/watch?v=YlVDGmjz7eMBoring Economics Professor http://www.youtube.com/watch?v=dxPVyieptwSAM KINISON IN BACK TO SCHOOL http://www.youtube.com/watch?v=Xfi4s8cjLFIPlease discuss the Robert Reich Supercapitalism video- at least about 3-5 sentences total–Managerial Economics in United States and rest of world–I think you are going to remember this video for years to come. He discusses 3 major forces in our world of Managerial Economics.  I met Robert Reich twice. He has many videos on You Tube, plus his blog which also has some of his featured videos, as well as his book links. My favorite book of his is called  Supercapitalism.I personally agree with what he states in this video and in his book Supercapitalism, but do not necessarily agree with everything else, but do with some things. (Most videos I have selected for our class discussion threads will be much shorter, with many at 4-5 minutes or so, but this one is about an hour as it is so important and starts the class of with a bang as they say!)http://www.youtube.com/watch?v=bMjdqJrujxE  The following video in light of our current economic monetary events– had over 5,000,000 hits on You Tube!Quantitative Easing Explained. It inspired a whole series on You Tube with the same little bear people. If you go straight to You Tube, or right click the URL of the video below, you will see all the sequels.-Quantitative Easiplained Duration: (6:48) User: malekanoms – Added: 11/11/10YouTube URL: http://www.youtube.com/watch?v=PTUY16CkS-khttp://time.com/4504004/men-without-work/