Economics

The School of Life – Inflation

The School of Life is devoted to developing emotional intelligence through the help of culture. In their two economic videos, on inflation and the property bubble they explore the causes and economic principles at action within the UK. See their two videos: What is Inflation?, see source: (School of Life, 2015), and One Reason Homes Cost So Much, see source (School of Life, 2015). The videos animate inflation, which is caused by the rate of growth in the quantity of money. See my recent article on inflation.

Here’s an excerpt: …The inflation rate is a measure of the increase in asset prices, measuring the percentage change in the average price level from the previous year. Where a positive inflation rate means rising prices, a negative inflation rate means falling prices, and a declining positive inflation rate means rising prices at a slow rate…


Featured image supplied from Unsplash.

Resources

School of Life London YouTube channel <https://www.youtube.com/channel/UC7IcJI8PUf5Z3zKxnZvTBog>.

School of Life website <http://www.theschooloflife.com/london/>.

School of Life videos have been produced in collaboration with Vale Productions <http://www.valeproductions.co.uk/>.

School of Life videos have used music from Purple Planet <http://www.purple-planet.com/>.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: