House of Cards

 

I don’t watch House of Cards, but I know it’s very popular. This video talks about the economics behind much of the show, and partly explains why our country is in so much debt and why politicians just can’t resist spending taxpayer money. The video is from econstories, who made the excellent Keynes vs Hayek raps (which can be found on their website, just look under “videos”. They also made a Dallas Buyers Club economics video that explains how good intentioned government regulation can cause needless deaths.

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