Tyler Cowen's Idea #2: Incentives Matter

Title:
Tyler Cowen's Idea #2: Incentives Matter
Description:

Say you can only teach two words from economics to a student or friend -- what would they be?

At the 2018 AP Economics Conference co-hosted by MRU & the St. Louis Fed, GMU Professor Tyler Cowen posed this same question. His answer?

Incentives Matter.

In all areas of our lives, incentives play a role. They can help us accomplish great things, but there are negative and misaligned incentives too.

Watch this video to learn how incentives apply to the world around you -- from tipping a server at a restaurant to the cost of rent in Montreal to divorce rates in Silicon Valley.

Stay tuned for more videos in this series, Tyler’s 9 Big Ideas of Economics, released weekly!

Are you a high school teacher that wants to attend this conference next year? Registration is now open! https://bit.ly/2DozLzv

Or join MRU at a future economics teaching event! Visit this page for more information: https://bit.ly/2AQIWq5

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Video Language:
English
Team:
Marginal Revolution University
Project:
Tyler’s 9 Big Ideas of Economics
Duration:
05:40
carmen_rodriguez_vadillo edited Spanish, Mexican subtitles for Tyler Cowen's Idea #2: Incentives Matter Jan 29, 2019, 5:00 AM
gabriella_patricola edited Italian subtitles for Tyler Cowen's Idea #2: Incentives Matter Jan 27, 2019, 7:57 AM
gabriella_patricola edited Italian subtitles for Tyler Cowen's Idea #2: Incentives Matter Jan 19, 2019, 10:10 AM
michel.smts2@gmail.com edited French subtitles for Tyler Cowen's Idea #2: Incentives Matter Jan 10, 2019, 8:36 AM
michel.smts2@gmail.com edited French subtitles for Tyler Cowen's Idea #2: Incentives Matter Jan 8, 2019, 9:14 AM
michel.smts2@gmail.com edited French subtitles for Tyler Cowen's Idea #2: Incentives Matter Jan 8, 2019, 8:44 AM
kaemcee edited English subtitles for Tyler Cowen's Idea #2: Incentives Matter Dec 30, 2018, 8:41 PM
kaemcee edited English subtitles for Tyler Cowen's Idea #2: Incentives Matter Dec 30, 2018, 8:40 PM
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http://www.youtube.com/watch?v=actEhnPE4VM
Added 12/28/2018 by Justin
Format: Youtube Primary Original Synced

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