TTC Video - Foundations of Economic Prosperity

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TTC Video - Foundations of Economic Prosperity [4.86 GiB]

Prosperity has transformed the world. Defined as the ability to afford goods and services beyond basic necessities, prosperity is now a way of life for most residents of developed countries-so commonplace that few people realize what a rare and recent phenomenon it is.
A mere two centuries ago, most people lived at a subsistence level, in or near the edge of poverty, as the overwhelming majority had since prehistoric times. Then the Industrial Revolution began and per capita income shot up. It is still rising today.

But the story of prosperity is far from simple-or complete. Many people in the developed world fear that their children will be less prosperous than they are. Meanwhile, new economic titans such as China and Brazil enjoy year after year of rapid growth and an ever-rising standard of living. Elsewhere in the world, millions are still trapped in poverty, despite the best efforts of organizations such as the World Bank to help lift them out of it.

Fostering and sustaining economic prosperity-whether at the individual, national, or global level-is a multilayered endeavor that reaches far beyond economics into the political and social spheres. The complexity of the phenomenon raises equally complex questions:

Why is prosperity distributed so unevenly?
Why isn't the path to prosperity predictable?
What, if anything, can be done to lift more people out of poverty?
Foundations of Economic Prosperity gives you an unrivaled overview of one of the most pressing issues of our day, in 24 half-hour lectures taught by Professor Daniel W. Drezner of the prestigious Fletcher School of Law and Diplomacy at Tufts University. Professor Drezner takes you behind the headlines and into the debates to dispel some common myths about prosperity and get at deeper truths.

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