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MasterClass

Season 44 2018
TV-PG

  • 2018-10-25T04:00:00Z on Animal Planet
  • 10m
  • 3h 40m (22 episodes)
  • United States
  • English
  • Documentary, Special Interest
Online classes taught by the world's greatest minds. Whether it be in business and leadership, photography, cooking, writing, acting, music, sports and more, MasterClass delivers a world class online learning experience.

22 episodes

Season Premiere

2018-10-25T04:00:00Z

44x01 Introduction

Season Premiere

44x01 Introduction

  • 2018-10-25T04:00:00Z10m

Meet your new instructor: Nobel Prize-winning economist Paul Krugman. Paul will cover many of the issues you see in the headlines everyday—and provide tools to help you make sense of it all.

2018-10-25T04:00:00Z

44x02 What Is Economics?

44x02 What Is Economics?

  • 2018-10-25T04:00:00Z10m

Paul believes that at its heart, economics is about people—how they earn a living and how they spend their income.

First—people respond to incentives. Second—each transaction has an equal give and take. Paul breaks down economic thinking into two main principles and teaches you the intricacies of each.

Paul walks you through the history of economic thought through the theories of Adam Smith and John Maynard Keynes to make an important point—you have to understand the past to improve the future.

Learn how the Federal Reserve works to keep the economy healthy, and about the theoretical framework it uses to inform its decisions.

2018-10-25T04:00:00Z

44x06 How ‘08 Happened

44x06 How ‘08 Happened

  • 2018-10-25T04:00:00Z10m

Learn about the market patterns and unregulated financial activities that led to our worst financial crisis since the Great Depression, and how to prepare yourself for the uncertain economic future.

Learn how these concepts played out in Japan's 1998 crash and the 2008 recession in the US.

44x08 Economic Solutions to Crises

  • 2018-10-25T04:00:00Z10m

Paul details monetary solutions vs. fiscal solutions, how to rethink deficit spending, and what to do to brace for the next crisis.

44x09 Inequality: The Growing Gap

  • 2018-10-25T04:00:00Z10m

The growing income gap poses a danger to the well-being of our economy. Learn the history of economic inequality, how race is always related, and the economic effects of growing up boomer vs. growing up millennial.

Learn the social and cultural costs of our inequality, and ways to advocate for a more equal society.

2018-10-25T04:00:00Z

44x11 Understanding Taxes

44x11 Understanding Taxes

  • 2018-10-25T04:00:00Z10m

Paul explores the data behind “supply side” taxation, the potential impact of the 2017 tax cuts, and how the American tax plan affects each of us.

Learn the impact of technological expansion on the job market, the economy as a whole, and on the individual citizen.

44x13 Health Care: The Problems

  • 2018-10-25T04:00:00Z10m

Health care is central to American lives and the American economy. Paul breaks down the economics of the private health care market and explains two “market killers” in our current system.

44x14 Health Care: The Solutions

  • 2018-10-25T04:00:00Z10m

Using examples from health care systems in the UK, Canada, and Switzerland, Paul examines three approaches to universal healthcare, noting the positives and challenges of each.

44x15 Theories of Trade (Wonkish)

  • 2018-10-25T04:00:00Z10m

Through a discussion of his Nobel Prize-winning idea, the New Trade Theory, Paul explains the history and continued impact of trade on the economy.

Globalization has forever changed the way we communicate and do business. Paul discusses the transformative technologies that led to efficient global trade and the impact of those developments on our country’s economy.

Paul explains China’s rapid economic growth and details how the influx of their exported goods impact economies and rules of trade worldwide.

2018-10-25T04:00:00Z

44x18 Economic Geography

44x18 Economic Geography

  • 2018-10-25T04:00:00Z10m

Through the example of Silicon Valley, Paul illustrates how economics can even control the geographic movement of people.

2018-10-25T04:00:00Z

44x19 Reading Economics

44x19 Reading Economics

  • 2018-10-25T04:00:00Z10m

Paul teaches you how to read and interpret developing economic issues in order to stay informed. Learn his personal tools and techniques for spotting critical, accurate information in breaking news.

For Paul, being an economist requires thinking critically and learning from others. Learn his critical thinking methodology, like how to look for natural experiments, think past your own bias, and use the information at your fingertips.

2018-10-25T04:00:00Z

44x21 Writing Economics

44x21 Writing Economics

  • 2018-10-25T04:00:00Z10m

Using his column “Myths of Austerity,” Paul demonstrates how he uses language, current events, and more to break down a complex topic while keeping the reader informed and engaged.

2018-10-25T04:00:00Z

44x22 Closing

44x22 Closing

  • 2018-10-25T04:00:00Z10m

Paul ends his class with parting advice for aspiring activists and policy makers, or those who wish to become more informed citizens: remember to stay aware, to read, to listen, and to remain an active participant in society.

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