
The Invisible Hand
Economist, Adam Smith, used the term The Invisible Hand to describe the self-regulating nature of the market place - a core concept for so-c...
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Ever shaken an invisible hand? Been flattened by a falling market? Or wondered what took the bend out of Phillips' curve? David Mitchell helps reveal some of the great dilemmas faced by gove...
Listen to 60-Second Adventures in Economics - for iPad/Mac/PC, a Education podcast. Stream 12 episodes in English, follow new audio stories, and play episodes online on Radio and Podcast.
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Economist, Adam Smith, used the term The Invisible Hand to describe the self-regulating nature of the market place - a core concept for so-c...

Transcript -- Economist, Adam Smith, used the term The Invisible Hand to describe the self-regulating nature of the market place - a core co...

The Paradox of Thrift suggests that while it may be wise for an individual to save money when income is low and job prospects are precarious...

Transcript -- The Paradox of Thrift suggests that while it may be wise for an individual to save money when income is low and job prospects...

Bill Phillips' curve has historically been described as an inverse relationship between the rate of unemployment and the rate of wage (and t...

Transcript -- Bill Phillips' curve has historically been described as an inverse relationship between the rate of unemployment and the rate...

David Ricardo's famous economic model, predicts that if there are just two countries and two products both can be better off if they special...

Transcript -- David Ricardo's famous economic model, predicts that if there are just two countries and two products both can be better off i...

The Impossible Trinity or 'trilemma' suggests that it is impossible for a country to maintain a fixed exchange rate, free capital movement a...

Transcript -- The Impossible Trinity or 'trilemma' suggests that it is impossible for a country to maintain a fixed exchange rate, free capi...

Without a belief in rational behaviour, it’s hard to design an economic policy with predictable results. In practice, people's errors or mis...

Transcript -- Without a belief in rational behaviour, it’s hard to design an economic policy with predictable results. In practice, people's...
You can listen to 60-Second Adventures in Economics - for iPad/Mac/PC episodes online on Radio and Podcast. Open an episode and the site player will stream the available audio.
60-Second Adventures in Economics - for iPad/Mac/PC is listed as a Education show. The show language is listed as English.
This page lists 12 episodes for 60-Second Adventures in Economics - for iPad/Mac/PC.
You can listen to 60-Second Adventures in Economics - for iPad/Mac/PC episodes on this page by opening an episode and using the site player.
60-Second Adventures in Economics - for iPad/Mac/PC is listed as a Education show.
This page lists 12 episodes for 60-Second Adventures in Economics - for iPad/Mac/PC where feed data is available.