Cowboy Economist: How can you recognize a socialist?
The Cowboy Economist is John T Harvey PhD, an economics professor at Texas Christian University in Fort Worth, Texas, who makes humorous and educational videos about economics. They’re worth sharing, so here is his lesson #1: How to tell if someone is a socialist? Transcript Oh well howdy. I didn’t hear you come in. Normally […]
Cowboy Economist: How the private sector finances its deficits
The Cowboy Economist, John T Harvey, PhD, explains how the private sector finances its deficits. Summary (as in, not a word for word transcript) Opening question The opening question is “When will we stop borrowing money from China”? But first, how does the private sector finance deficits? Let’s start with banks Most people think banks […]
Cowboy Economist: How the government finances its deficits
The Cowboy Economist, John T Harvey, PhD, explains how the (currency issuing) government finances its deficits. I added currency issuing, as in the USA, only the US government issues US dollars. All other levels of government are currency users, just like you and I. Summary (as in, not a word for word transcript) The National Debt […]
The Green New Deal: Yes we need it, but why?
John T Harvey Ph.D., tell us what the green new deal is and why we do in fact need it. Summary: The Green New Deal We’ve heard a lot about the green new deal lately. While not every Democrat embraces the green new deal, quite a few do. The ones who do are being described […]