Economic Myths

Robert Reich has put together a series of videos debunking economic myths.

Today, I finished watching this series. So I’ve decided to include all of the links here.

Enjoy!

Myth #1: Economics has nothing to do with politics, morality, or power. BUNK! 

Myth #2: Government obstructs the free market. BUNK!

Myth #3: The rich deserve to be rich. BUNK!

Myth #4: Corporate political donations are free speech. BUNK!

Myth #5: The market doesn’t play favorites. BUNK!

Myth #6: Global trade is good for everyone. BUNK!

Myth #7: America is socialist. BUNK!

Myth #8: Corporate tax cuts create jobs. BUNK!

Myth #9: Inflation is caused by wage increases and too much government spending. BUNK!

Myth #10: Economic growth is always good. BUNK!


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