Creative Destruction: EconMovies #15

The video analyzes The Lion King through an economic lens, focusing on concepts like creative destruction and the circle of economic life. It highlights how industries evolve, using examples like Toys R Us and Disney's shift to computer animation. The video emphasizes the importance of innovation and adapting to technological changes in the global economy, encouraging viewers to embrace education and new skills.

What lessons can be learned from the decline of companies like Toys R Us and Kodak?

How does the speaker relate the story of Simba to the economic realities faced by Americans today?

Discuss the implications of outsourcing American jobs as mentioned in the video.