The Function of Profits (On the Other Hand Ep. 15)
Episode 15 of the series 'On The Other Hand' focuses on Chapter Twenty-one of Henry Hazlitt's classic work, Economics in One Lesson. This short discussion explores Hazlitt's argument that profits guide firms and individuals to avoid wasting inputs and maximize their outputs.
This series of 18 short videos (being released one-per-week from May 2011) was produced in collaboration with Access Communications in Regina.