The Underground Economy: Crash Course Econ #32
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What is an underground economy? Whether you call it a black market, a grey market, or just the shop down the street, its about connecting people with goods outside of official channels. Some stuff happens in the underground economy because it's illegal, but a lot of the money that moves around this way is exchanged for pretty mundane goods and services. We'll talk about how these things work, and the awesome ways that economists figure out where all that money is.
Comments
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Having jobs off the books because your an immigrant and the government won't let you have a proper job
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for the kidney problem, just make it auto opt in
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omg this vid is FRICKIN LIT!!! luv economics! crash course u rule!!1!!1!
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It is worth noting that you are an attractive person.
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is dis lady talkin smack bout britan?
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wait they take bones from tigers? WELL THEY AIN'T GETTIN' FLUF- i meannnn i don't have a tiger pet :3
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>kowloon bad
Subjective. -
people has been selling people for as long as people exist
I agree with her,legal or ilegal people wont stop buying and selling kidney and other organ/human trafficking , government need to understand this and act accordingly
glance at the current president
WE ARE DOOMED -
'Sorry sir, but we don't take credit cards '
' How about endangered salamanders"
' ... Why would I take that"
' Because you're technically operating in the black market"
" I think you have misunderstood how that works" -
The Deep Web
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2:45 funny enough communist china has always lied about there gdp for obvious political reasons but now days they also falsify there power usage now that people have caught on.
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2 trillion is a lot of coke
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Narcos References!!!!!!
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Adrian Hill could get it in the pooper from me anytime she wants
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Oh those child pornographers and human traffickers and their "informal economy"....smh
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Look, I fully understand that you don't have the time to make hour long videos explaining even some of the less in-depth aspects of economics, but listening to these videos I feel that the perspectives given are extremely biased. The biggest example that popped out at me was the way that you simply stated that governments would lose revenue, and just plainly assumed that that would be a bad thing, with no other potentially positive implications - even going so far as to state that a loss in revenue had a good chance of loosening the restrictions that governments placed on trade, again, as if that were undoubtedly a bad thing. As I first said, I completely recognize that you don't have an hour per video, but could a couple more minutes to give a more balanced explanation really hurt?
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More electric use means better economy? What about the lazy bums that sit on their buts all day and watch Pewde Pie?
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anyone recognise Walter white in the beginning lol
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8:20 or the government can prosecute wall street
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I'd work off the books if I could. wish they had good jobs that paid cash. uncle sam has been in my pocket since I was 15. tired if pating for other peoples welfare. But industrial welders like myself can't get away from taxes.
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