The Free Market, How Does It Work?

In this hilarious conversation, British comedians John Bird and John Fortune discuss the nature of markets in what you might consider somewhat unorthodox terms. You'll learn that sentiment is the driving force behind market decisions, the intellectual sophistication behind economic analysis, the underlying causes of the mortgage/foreclosure crisis, the role of language manipulation in financial marketing, and why unemployed black men are, unbeknownst to them, the engine that runs the economic system.


For an even funnier short lecture on Mankiw's ten basic principles of economics, check out this earlier entry.
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