Political Economy and Development

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States and markets, growth and inequality, and why some countries are rich and others are not.

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Still from the clip "The Civil Service versus the Treasury" (Yes, Prime Minister, BBC)

The Civil Service versus the Treasury

The Civil Service versus the Treasury From Yes, Prime Minister (BBC) Categories: Run time:  4:24 Note:  At four and a half minutes this is one[…]

Still from the clip “Buying Local in Secret City”

Buying Local in Secret City

Buying Local in Secret City From Secret City (ABC Australia) Categories: Run time:  1:10 Clip Description:  The Australian defense minister has to choose between submarines[…]

Still from the clip “Communism in The Last of Us”

Communism in The Last of Us

A community organised on collective principles after the collapse of the state, described by its members in exactly those terms and working - for now[…]

Still from the clip “Trade Restrictions Raise Chicken Prices in House of the Dragon”

Trade Restrictions Raise Chicken Prices in House of the Dragon

A blockade drives up the price of food in the city. Fifty-nine seconds in which a political decision made elsewhere turns into a price a[…]

Still from the clip “Rent Seeking in Succession”

Rent Seeking in Succession

Effort is spent not on making anything but on capturing a share of what already exists - positioning, lobbying and manoeuvring for a transfer rather[…]

Still from the clip “The Principal-Agent Problem in Succession”

The Principal-Agent Problem in Succession

An owner tries to get subordinates to act in the owner's interest, and discovers the ordinary problem of not being able to see what they[…]

Still from The Simpsons — the clip “Homer Simpson Says Communism Works in Theory”

Homer Simpson Says Communism Works in Theory

Homer offers the most common thing anyone says about communism - that it works in theory - and the joke is that he has no[…]

Still from the clip “Communism in The Hunger Games”

Communism in The Hunger Games

Panem's districts each produce one thing and see almost none of it. The Capitol consumes what the districts make, and the arrangement is presented as[…]