Milton Friedman points out the remarkable degree of cooperation between people from many different countries, who've never even met, to make what appears to be a very simple product - a pencil. The free market encourages cooperation between strangers. And the end result is that we all benefit - in this case, by having pencils to use.

Doughnut Economics: seven ways to think like a 21st century economist, the new book by Kate Raworth, is out now: UK edition: http://amzn.to/2o2ecv6 | US edition: http://amzn.to/2EpJySE These animations tell the story of the book's seven ways to think in 60-second bites. Check out the full set as they come on line at https://www.kateraworth.com/animations/.

'Economics is for everyone', argues legendary economist Ha-Joon Chang in our latest mind-blowing RSA Animate. This is the video economists don't want you to see! Chang explains why every single person can and SHOULD get their head around basic economics.

http://www.positivemoney.org/ We all use money, we all rely on money. But do we know how money works? Where does money come from? How is money created? -------------------------- SUBSCRIBE to Positive Money UK's videos: http://www.youtube.com/subscription_center?add_user=PositiveMoneyUK Like us on Facebook http://www.facebook.com/PositiveMoney Follow us on Twitter http://www.twitter.com/PositiveMoneyUK Follow us on Google+ http://www.positivemoney.org.uk/googleplus Positive Money is a not-for-profit research and campaign group.

The New School's Anwar Shaikh, Professor of Economics and Chair of the Department of Economics at The New School for Social Research, investigates how, like the humans who drive it, capitalism has innate tendencies that must be regulated. Learn more about the Graduate Economics program: http://www.newschool.edu/nssr/economics