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TJ doesnt understand Economics
TJ doesnt understand Economics
TJ doesnt understand Economics
TJ doesnt understand Economics
TJ doesnt understand Economics
TJ doesnt understand Economics

TJ doesn't understand Economics

truediltom - 2017-03-28

This video is a response to Naked Apes recent appearance on the drunken peasants podcast, where I address what I thought to be TJ and friends greatest misunderstandings of economics. That being models, the scientific method and the epistemology of economics. Ideas discussed in this video: - The difference between methods used in history and those used in economics - What the basics required for constructing an economic theory - Basic economic laws such as supply and demand - The minimum wage and its relation to supply and demand - Real economic data collected and reviewed by actual economists that contradicts the amazing atheist's position. DP Podcast: youtube.com/watch?v=247z5IsTdq4&t=1012s NA video: youtube.com/watch?v=Jdt6LwJuNvM&t=31s The Rational Rise: therationalrise.com Twitter: twitter.com/truediltom Patreon: patreon.com/user?u=3520954 Songs: St Pepsi - Enjoy Yourself Bobby Caldwell - What You Won't Do For Love (Slowed & Chopped) Vektroid - Calm Downstate - in your blood Sources in order of when they appear: epionline.org/release/majority-of-labor-economists-believe-minimum-wage-hikes-cause-unemployment/ nber.org/papers/w12663.pdf