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This learning contains four parts:
In the first part, you can watch the video of all 28 lectures. In the second part, you can listen all lectures. The aim of this audio-only is enabling you learning while you're commuting, doing chores or jogging. The third part is reading the main sources quoted in the lectures. The fourth part is doing some exercise and practicing coding skills via R studio and Excel.
PART 1: VIDEO FILES OF ALL LECTURES
Summary
This video will summarize 6 hours learning into 13 minutes key take away.
13:21 minutes
What you learn
You will learn two things: knowledge and tools.
03:07 minutes
MODULE 1
How to solve poverty problem. How to transform a country from poverty to wealth.
PM Lee Kuan Yew Remark's on Free Market System
PM Lee explain why you need free market
03:57 minutes
Lecture 1.1
Out of Poverty
The concept of Synechi as way to solve poverty problem
18:07 minutes
PM Lee Kuan Yew Remark's on China
Mr. Lee address how China choose free market
04:24 minutes
Bonus: How China get out of poverty
Detailed explanation of year-by-year policies by China's government from 1978 to date
12:56 minutes
Bonus: Randomized Controlled Trials
This powerful method will teach you how to gain causality, not only correlation.
07:37 minutes
Lecture 1.2
Natural experiments
How to test what political and economic system that success and fail (Learn from natural experiments involving more than one hundred and five million Caucasian, Asian and African people)
12:01 minutes
Bonus: Statistical Result and Explanation
How to use interpret statistical result from economic data
20:28 minutes
Bonus: Explanation The Wealth and Poverty of Two Continents
How Western Europe and Eastern Europe is so different in economic status.
32:22 minutes
Lecture 1.3 Succesful Leaders
Who are 37 leaders that successfully transformed their country from poor to wealth in the last one hundred fifty years and what they've done in common. What can you learn from those great leaders.
17:20 minutes
Lee Kuan Yew on Escaping The Wrong Model and The Role Private Sector
PM Lee explained what Singapore strategy to develop their nation
05:52 minutes
Lecture 1.4
The Role of Private Sector
How private sector made 1.3 million people escape poverty, even they live in the middle of nowhere and most of them are even not graduate from high school
04:22 minutes
Lee Kuan Yew on Private Investment and Failure of Many System to Create Prosperity
PM Lee explained why market need democracy and why sometimes not.
02:10 minutes
Lecture 1.5
Failed Recipe
What is failed recipe to make a country prosper (learn from other fails, so you don't repeat those failures)
21:28 minutes
Bonus: The mechanism why Synechi causes prosperity
How China lifted nearly one billion people out of poverty in just under forty years: Detailed explanation of year-by-year policies
07:05 minutes
MODULE 2
How to increase general welfare. How to make goods and services cheaper. How to ensure workers receive higher pay.
Margaret Thatcher on Two Kinds of Society
The difference between free society and statist society
01:58 minutes
Lecture 2.1
Airline Deregulation
How to cut price and increasing jobs opportunity at the same time in an industry (learn from monumental but little known law in North America)
07:01 minutes
Lecture 2.2.
Free Trade and Japan Industrial Policy
How to grow industry and conquer the world with almost doing nothing (learn from Japanese experience and the waste and success they made for thirty years)
19:37 minutes
Ronald Reagan on Inflation
President Reagan explained the cause of inflation with simple plain English
02:09 minutes
Lecture 2.3
Taming Inflation
How to tame inflation (what Weimar Republic and unknown country in Africa doing same thing)
06:08 minutes
Lecture 2.4
Health care subsidize
How to analyze healthcare subsidize (learn from eight years experiment from almost four thousand random people in the US)
02:34 minutes
Margaret Thatcher on Protectionism
Thatcher argument why leaders should reduce protectionism
01:19 minutes
Lecture 2.5
Foreign Investment
How to create sustainable seventy thousand jobs (learn from country in South East Asia)
27:31 minutes
Lecture 2.6
Higher Tax Did Not Cause Growth
How four advanced countries experience debunk myth about high tax
03:00 minutes
MODULE 3
How to solve unemployment problem
Ronald Reagan on Deregulation and Minimalist Government
President Reagan laid out plan how to tackle the problem of inflation and budget deficit
01:36 minutes
Lecture 3.1
Urbanization
The Great Exodus: Exploring the Effects of Migration of 70 Million People Over 40 Years on Employment, Wages, and the Wealth of Ordinary Farmers in the US. This Exploration Will Change Your Perspective on Urbanization and Industrialization.
16:24 minutes
Lecture 3.2.
Rigidity of Labor Law
What the Data Reveals About Labor Laws in 19 OECD Countries and Their Impact on Employment. Easier Hiring and Firing of Employees Have Done a Good Job for the Economy as a Whole
01:56 minutes
Lecture 3.3.
The Minimum Wage
What 44 Research Studies Show About Minimum Wage Laws from Around the World. Their Combined Samples Encompass More Than Hundreds of Thousands of Workers.
26:27 minutes
The Economists Unite!
A regular survey of more than one thousand economists shows that they share one common preference: they prefer free markets over anything else
09:00 minutes
MODULE 4
How to provide better life for your people
Lecture 4.1
Saving Environment
How to save forest, elephant and air (Learn from one of the most sustainable forest country in the world, largest elephant survey undertaken ever and hundred of weather stations in USA)
08:46 minutes
Lecture 4.2
The Great Energy
The Safest, Cleanest, and Most Affordable Source of Energy and How to Maintain It
07:27 minutes
Lecture 4.3
Public Infrastructure
How to build and maintain good roads and bridges without adding more inspectors and auditors.
09:17 minutes
Lecture 4.4
Combating Crime
A delicate research spent 7500 hours show how special police placement strategy can reduce crime.
05:23 minutes
Lecture 4.5
Combating Corruption
Lessons from a comprehensive survey of 54,000 people from around the world on how to combat corruption
07:09 minutes
MODULE 5
Practical Guide for You to Run A Government and Country (A Non-Machiavellian way)
Lecture 5.1
The Meaning of Public Policy
Don't confuse with complex definition. Public policy at heart is very simple. It is "whatever governments choose to do or not to do."
04:25 minutes
Lecture 5.2
Comprehensive Cost and Benefit Analysis
A rational approach to policy evaluation tries to calculate the net between all the costs and benefits, in both resent and future, for targeted group and also non targeted group. You will learn this important tool by analyzing sugar import policy in the US.
12:49 minutes
Lecture 5.3
Advocatus Diaboli
Playing advocatus diaboli or ‘the devil’s advocate’ entails adopting a contrary perspective or posing objections to a claim purely for the sake of discourse. It's not necessary to personally endorse the viewpoints or objections presented; rather, the aim is to stimulate discussion and elucidate issues by presenting differing viewpoints.
08:03 minutes
Lecture 5.4
Difference-in-Difference
Among four designs to evaluate public policy or program, difference-in-difference is the best. It compares between control and experimental group, before and after policy or program implementation.
06:56 minutes
Lecture 5.5
Long Division
In every policy analysis, choose your output correctly. For example, in the case of vaccinations, the goal is not to deliver as many vaccines as possible, but to prevent death and severe illness due to the infectious disease. This careful definition output will have huge impact in your work.
05:53 minutes
Lecture 5.6
Bayesian Updating
Good leader must think realistically. The key element of realistic thinking is the willingness to update your probabilities, and doing so appropriately in response to new information. When fact change, change your opinion. Dogma and fanatics are for fool.
02:32 minutes
Lecture 5.7
Pritchett Acid Test
Despite various program has "successful impact", Lant Pritchett raised important issue. He asked, "Is your impact evaluation asking question that matter?" Yes, maybe your program is impactful, but is it really matter? Is this really the one which cause a nation prosper?
10:00 minutes
Lecture 5.8
Practical Guidance to Run A Government and A Country
Genius things often simple. In public policy. maximize freedom, minimize coercion. Taxpayer's money is spent unwisely because it is nobody's money. Use seven universal moral values to judge which one is sound or terrible policy.
17:14 minutes
PART 2: AUDIO FILES OF ALL LECTURES
Summary
This audio will summarize 6 hours learning into 16 minutes key take away.
16:20 minutes
What You Learn
This audio will explain what you learn in short.
03:03 minutes
How to Solve Poverty Problem
This audio is all lectures in topic How to Solve Poverty Problem.
158:27 minutes
How to Increase General Welfare
This audio is all lectures in topic How to Increase General Welfare.
65:28 minutes
How to Solve Unemployment Problem
This audio is all lectures in topic How to Solve Unemployment Problem.
43:47 minutes
How to Provide Better Life for Your People
This audio is all lectures in topic How to Provide Better Life for Your People.
37:32 minutes
Guide to Policymaker
This audio is all lectures in topic Guide to Policymaker.
67:04 minutes
This audio is all lectures in topic Guide to Policymaker.
67:04 minutes
PART 3: SELECTED READING FILES
Module 1
Selected Reading Files for Module 1 (1093 pages, 13 articles)
Lecture 1
Transition to Market Economies in Asia
40 years of China’s reform and development
Lecture 2
Monetary Intervention Mitigated Banking Panics during the Great Depression
Lecture 3
Do the leaders matter?
Lecture 4
Tropical Oil Crops and Rural Poverty.
Lecture 5
Does economic growth affect urbanization?
Where has all the education gone?
Economic freedom and foreign direct investment
Foreign Direct Investment and Wages in Indonesian Manufacturing
Globalisation and OECD consumer price inflation
The Use of Knowledge in Society
Microeconomic Systems as an Experimental Science
Module 2
Selected Reading Files for Module 2 (124 pages, 7 articles)
Lecture 1
Competition and regulation in the airline industry
Lecture 2
Realism and Free-Trade Policy
Japanese Economic Success: Industrial Policy or Free Market?
Lecture 3
Some monetary facts
Lecture 4
Does Free Care Improve Adults' Health? Results from a Randomized Controlled Trial
Lecture 5
The impact of export processing zones on employment, wages and labour conditions in developing countries: systematic review
Export Processing Zone in the Philippines: A Review of Employment, Working Conditions and Labour Relations
Module 3
Selected Reading Files for Module 3 (225 pages, 6 articles)
Lecture 1
The Impact of Urbanization on Agricultural Processes
Lecture 3
Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania
Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment
Lecture 4
Consensus and Dissension among Economists: An Empirical Inquiry
Is There A Consensus Among Economist in the 1990's?
The Policy Views of the American Economic Association Members: The Results of a New Survey
Consensus Among Economist - An Update
Module 4
Selected Reading Files for Module 4 (229 pages, 6 articles)
Lecture 1
State of Finland´s Forests 2007 Based on the Criteria and Indicators of Sustainable Forest Management
Continent-wide survey reveals massive decline in African savannah elephants
Lecture 4
Using Terror Alert Levels to Estimate the Effect of Police on Crime
General deterrent effects of police patrol in crime "HOT SPOTS": A randomized, controlled trial
Lecture 5
What Determines Corruption? International Evidence from Micro Data
The joint effect of democracy and economic freedom on corruption
Module 5
Selected Reading Files for Module 5 (24 pages, 1 article)
Is It Good to Cooperate Testing The Theory of Morality-as-Cooperation in 60 Societies
PART 4: NOTEPAD AND EXCEL FILES FOR CODING EXERCISE
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