Economics for Journalists - 6CR #42

The Fraser Institute hosted their Economics for Journalist conference at the beginning of June 2019. Darnell was one of 25 participants selected to attend. Darnell & Joel have a conversation breaking down the conference and go in-depth on a few of the sessions. Topics include:

• Darnell's experience at the conference
• The Economic Way of Thinking
• Property Rights and the Tragedy of the Commons
• Teaching Kids to share
• Why Good Politics is Bad Economics: Public Choice Theory 101

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Reference Links:

Tragedy of the commons

MP Maxime Bernier says Scheer won Tory leadership thanks to ‘fake Conservatives’

Essay: That Which is Seen, and That Which is Not Seen

Audiobook: That Which Is Seen, and That Which Is Not Seen

Journalism Seminars

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North American (Free) Trade Agreement - 6CR #7

The NAFTA negotiations have brought uncertainty. Darnell & Joel discuss the fundamentals of trade and the implications of free trade. 

Detailed Summary of Original NAFTA 

Reference Articles:

Canada's 10 NAFTA demands

CBC advertising advantage - "CBC/Radio-Canada unfairly competes with struggling private media in a shrinking advertisement market"

Wikipedia Explanations of Economic Principles discussed:

Comparative Advantage - David Ricardo

"Economic Nationalism" i.e. Mercantilism

David Hume's argument - "Price–specie Flow Mechanism"

Thorough Explanations of Economic Principles discussed:

Comparative Advantage

Mercantilism

David Hume and The Theory of Money

How Government Intervenes in the Market 

"What is Crony Capitalism?"

"Dairy Board"

"Agricultural Board"

Lack of free trade between provinces

Bonus video

Who is responsible for the horrible experience when ordering online from the US?

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