Khan Academy's introductory economics course, a free set of video lectures and exercises covering basic microeconomic and macroeconomic concepts such as scarcity, supply and demand, and trade.

Commenters point to it as a free, accessible basic economics resource, with one calling it fine for basic economics and others suggesting it to someone who is confused about the basics.

What commenters said (3)

1. Recommendsblagie2025in “Burrito Now, Pay Later”

   You argue that housing has a finite supply, but that's true of cars and steel and everything: there is always a finite supply

   Land is a finite supply. With zoning (and with exponentially rising costs for skyscrapers over one-story homes), so is housing on land. At least in places where housing is expensive (e.g. major cities like SFO, NYC, Tokyo, Shanghai, etc.), this is a limited, rent-extracting resource.

   The Earth's crust is about 5% iron. Cars are limited by our capacity to produce them.

   I know that you mean competition from not-private providers, but that's not explaining why a not-free provider is good.

   No, that's not what I mean. I would recommend taking a basic econ course to understand jargon like "free good," "scarce good," and "rent." I won't fix that in a web post.

   Khan Academy is not bad for this kind of basic economics.

   So can you, but you are the one making exceptional claims.

   Ah yes. The great controversy of Adam Smith and basic economics.

   I gave one link, which you clearly didn't bother to even click through.

   Links?? And no, I'm not going to look it up. You look it up.

   Fine. Wallow in ignorance. I won't be responding further.

   https://xkcd.com/386/

2. Mentionsforgetfreeman2025in “FOSS infrastructure is under attack by AI companies”

   I literally described the mechanism to you twice and you're still acting confused. I'm not sure if we have a language barrier here or what but go check out a Khan Academy course on economics or maybe try running a lemonade stand for an afternoon if you still don't get it.

3. Mentionsmdemare2015in “Germany's trade surplus is a problem”

   1. Higher wages would lead to more expensive (and therefore lower) exports, and to higher consumption, leading to higher imports. The government can cause wages to rise by raising the minimum wage, raising the salary of its employees, and hiring more government workers (e.g. for infrastructure projects).

   2. The assumption that Germany's high saving is good for Germany is debatable. If Germans save more than they consume, some other nation must consume more than they save. Germany has been, and might be again in the future, forced to bail out those countries.

   3. I can also recommend the Khan Academy lectures on economics.

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