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Predicting Economic Crashes, Austrian Economists, Economics Major & More [One Minute Answers]

1,130 views · Published 17 September 2017 · 17:27 · Indexed 8 October 2026

Channel: One Minute Economics · 2017 · Education

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Six questions about the field of economics have been asked on this week's edition of One Minute Answers from One Minute Economics:

1) One about why so many economists have failed to predict the 2007-2008 economic crash - https://youtu.be/_tCku1faWOI?t=1m17s

2) One about why Austrian economists are frequently ridiculed - https://youtu.be/_tCku1faWOI?t=3m58s

3) One about Ukrainian economics - https://youtu.be/_tCku1faWOI?t=6m34s

4) One about whether or not a major in economics is worth it when you can learn so much stuff online for free yourself - https://youtu.be/_tCku1faWOI?t=9m14s

5) One about the inability of Keynesians, Austrian economists, monetarists and so on to find common ground - https://youtu.be/_tCku1faWOI?t=11m22s

6) One about the gold standard and just how desirable as well as realistic it would be for Western economies - https://youtu.be/_tCku1faWOI?t=13m45

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