CLEAN : 2021 Nobel Economics winners "discovered that what we thought was right is wrong"

CLEAN : 2021 Nobel Economics winners "discovered that what we thought was right is wrong"

Assessment

Interactive Video

Economics, Social Studies, Business

11th Grade - University

Hard

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The video discusses the concept of natural experiments in economics, focusing on the impact of immigration and minimum wage on employment. It includes a personal anecdote about receiving recognition alongside colleagues. The speaker addresses the challenges posed by the pandemic, highlighting the unequal impact on different populations. The video reevaluates previous economic assumptions, finding that minimum wages and immigration may not harm employment as previously thought. It emphasizes the importance of providing insights for better policy decisions while maintaining political neutrality.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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