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The Price System I & II [VIDEO]

Sean W. Malone Producer and Composer
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The Daily Caller’s own multimedia producer, Sean Malone, recently produced three videos for www.learnliberty.org. The overall series is a project of the Institute for Humane Studies and the Mercatus Center, using educational videos to inform people about classical liberal & libertarian political philosophy as well as essential principles of economics.

In these videos, Assistant Professor of Economics at Troy University, Daniel J. Smith, discusses the way that prices help consumers and producers access dispersed information in a market economy. Check out the first two videos below:

The Price System, Part I: Information

The Price System, Part II: Incentives

Check out the LearnLiberty project for more educational videos on economics, politics, history and the philosophy of liberty.