Elon Musk's Basic Economics
Elon Musk's Basic Economics
Elon Musk's Basic Economics
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Elon Musk's Basic Economics - Wendover Productions

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Wendover Productions is all about explaining how our world works. From travel, to economics, to geography, to marketing and more, every video will leave you with a little better understanding of our world. New videos go out every other Tuesday.

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China's Geography Problem

Build your beautiful website for 10% off at https://squarespace.com/wendover Subscribe to this brand new channel from Wendover Productions: https://www.youtube.com/halfasinteresting Check out my podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Joe Cieplinski (http://joecieplinski.com/) This video was partially inspired by a chapter in Tim Marshall's "Prisoners of Geography": https://www.amazon.com/Prisoners-Geography-Everything-Global-Politics/dp/1783961414 Tibet highway photo by Matteo Melchior Potala Palace photo courtesy Ondřej Žváček Music: "Thoughtful" by Lee Rosevere and "Saver" by Podington Bear/Sound of Picture Big thanks to Patreon supporters: Kevin Song, Kevin...

How Rockefeller Built His Trillion Dollar Oil Empire

Join the Club for only $5: http://www.dollarshaveclub.com/businesscasual Thanks to Dollar Shave Club for sponsoring this video! New members get their 1st month of the Daily Essentials Starter Set including trial-sized versions of their Shave Butter, Body Cleanser and One Wipe Charlies along with their Executive Razor for only $5 with free shipping. After the first box, replacement cartridges are sent for only a few bucks a month. Support me on Patreon to get early access to my future videos: https://www.patreon.com/business_casual Join me at BC's subreddit and on social media: Reddit: https://reddit.com/r/businesscasual Facebook: https://www.facebook.com/business.casual.yt Twitter: https://twitter.com/BusinessCasual0 45th video of the Behind the Business Series. While tech billionaires like...

How to Properly Manage Your Money Like the Rich | Tom Ferry

It's not about how much money you earn. It's what you do with the money that matters. In this video, I'm going to show you a business strategy on how to manage your money. I'm not gonna tell you what to invest in. That's not my role. Here are the best ideas of what the best professionals do to manage their money. Learn more from Tom LIVE at the next Summit event: http://bit.ly/2xgZ6Uq ------------ I hope you got some helpful tips and new ideas from this video. To ensure you don't miss all my FREE training videos all you have to do is sign...

How Elon Saved SpaceX & Tesla ... At The Same Time

Use this link to get a free copy of Elon Musk's awesome biography from Audible, alongside a free trial: http://audible.com/businesscasual (or SMS "businesscasual" to 500500) Support me on Patreon to get early access to my future videos: https://www.patreon.com/business_casual Join me at BC's subreddit and on social media: Reddit: https://reddit.com/r/businesscasual Facebook: https://www.facebook.com/business.casual.yt Twitter: https://twitter.com/BusinessCasual0 44th video of the Behind the Business Series. Today Tesla and SpaceX are household names, but just ten years ago they were practically unknown. In fact, in late 2008 both companies were on the verge of bankruptcy and Elon Musk was running out of money to support them. After creating SpaceX in 2002 and joining Tesla...

The Five Freedoms of Aviation

Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Behind any commercial flight is centuries of political negotiations and accords that dictate who, how, and where airlines can fly. Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Reddit: http://Reddit.com/r/WendoverProductions Select visuals courtesy http://www.Shutterstock.com Music by Lewis Bergen Sound by Graham Haerther Attributions: Chicago convention photo courtesy Dominique Hymans Tuvalu airport photo courtesy Lirneasia Qantas Dreamliner photo courtesy Qantas and used under fair use guidelines

Why Chinese Manufacturing Wins

Enter to win $2000 with Anker's "Power it Up" contest: http://bit.ly/2uXquXZ The battery I talked about at the end: http://amzn.to/2wCwwgh While Wendover Productions retained creative control over the video itself, the sponsor paid for travel expenses and for the post-roll advertisement. Check out my podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Sources and script available here: http://bit.ly/2viM3Tj Deng Xiaping footage courtesy Reagan Library Singapore historic photo courtesy Hiramatsu Kaxuhito Chinese bar photo courtesy Roman Boed Big thanks to Patreon...

Who Controls All of Our Money?

Subscribe here: https://goo.gl/9FS8uF Check out the previous episode: https://www.youtube.com/watch?v=vtXybjiR3vY Become a Patreon!: https://www.patreon.com/ColdFusion_TV Hidden Secrets of Money: https://www.youtube.com/watch?v=DyV0OfU3-FU Hi, welcome to ColdFusion (formerly known as ColdfusTion). Experience the cutting edge of the world around us in a fun relaxed atmosphere. Sources: http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf The Creature From Jekyll Island: A Second Look At The Federal Reserve (1994) - G. Edward Griffin The Money Masters (1996) - William T. Still https://www.theguardian.com/commentisfree/2014/mar/18/truth-money-iou-bank-of-england-austerity http://positivemoney.org/how-money-works/how-banks-create-money/ Graham Towers full written interview http://www.michaeljournal.org/articles/social-credit/item/money-is-created-by-banks-evidence-given-by-graham-towers Paul Tucker Quote: http://www.bis.org/review/r071217f.pdf Marriner eccles Quote : http://www.mindcontagion.org/banking/hb1941.html James. A. Garfield: http://www.goodreads.com/quotes/288058-whoever-controls-the-volume-of-money-in-our-country-is Central Banks put in place after 2000: http://www.activistpost.com/2012/09/state-owned-central-banks-are-real.html //Soundtrack// 0:00 NGHTMRE & A-F-R-O - STRONGER 1:10 Giyo - Are the Animals Gone 2:20 Nanobyte - Honour 6:12 Afterlife - 5th & Avenida 8:30 Kidnap Kid -...

Apple's Money Problem (& Why It Won't Buy Netflix)

http://skl.sh/polymatter3 - First 1,000 people get 2 months premium for 99 cents. (Sponsor) Patreon: https://www.patreon.com/polymatter Twitter: https://twitter.com/polymatters Discord: http://discord.me/polymatter Apple makes an astonishing amount of money but this presents an interesting challenge for the company and raises questions about what they should do with it all. *The end of this video includes a paid sponsored promotion. This company had no part in the writing, editing, or production of the rest of the video. Credits Music is Weekend in Tattoine [Youtube Audio Library] Partially inspired but this wonderful article: http://www.asymco.com/2018/01/18/the-apple-cash-faq/ and https://www.aboveavalon.com/notes/2017/12/12/the-end-to-apples-cash-dilemma https://www.macstories.net/news/apple-q1-2018-results-88-3-billion-revenue-77-3-million-iphones-13-2-million-ipads-sold/ https://www.aboveavalon.com/notes/2017/8/15/apple-has-the-best-business-model-for-generating-cash https://www.irishtimes.com/business/apple-s-cash-mountain-how-it-avoids-tax-and-the-irish-link-1.3281734 http://www.businessinsider.com/how-much-money-big-companies-make-every-second-2017-12 http://www.everysecond.io/apple For the airline ticket, here’s where I found the price: http://i.imgur.com/ejen79H.png Fortune article is: http://fortune.com/2017/03/29/apple-ipad-2017/

The Nuclear Waste Problem

Get smart with Brilliant for 20% off by being one of the first 500 people to sign up at http://brilliant.org/wendover Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteresting Check out my podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Joe Cieplinski (http://joecieplinski.com/) Nuclear reactor footage courtesy Canada Science and Technology Museum Spent fuel pool courtesy IAEA Imagebank Onkalo photo courtesy Posiva Music: "Raw Deal" by Gunner Olsen, "Divider" by Chris Zabriskie, "My Luck" by Broke...

The Economics of Uber

First 500 people get 2 months free of Skillshare: http://skl.sh/polymatter7 Patreon: https://patreon.com/polymatter Twitter: https://twitter.com/polymatters Reddit: https://reddit.com/r/PolyMatter Discord: https://discord.gg/polymatter Uber may be the highest-valued private company in the world, but its economic troubles are profound and concerning. This includes a paid sponsored promotion which had no part in the writing, editing, or production of the rest of the video. Music by Varsity Star: https://varsitystar.bandcamp.com/releases their Facebook: https://www.facebook.com/varsitystarmusic/ Special thanks to http://ridester.com for looking over the script in advance. Ridester offers resources for ride share drivers. Brief music clip: Teddy Bear Waltz Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/ VHS fast forward effect modified from https://www.youtube.com/watch?v=s_auAhu-91U https://www.forbes.com/sites/lensherman/2017/12/14/why-cant-uber-make-money/#7d83f5f410ec Dr Seuss Style Font: “Yikes”...

Elon Musk: How To Achieve 10x More Than Your Peers

Elon Musk: How To Achieve 10x More Than Your Peers How To Give An Amazing Presentation Playlist: http://bit.ly/2poTHJX Discover The 4 Emotions You Need To Make a Killer First Impression: http://bit.ly/2IBKpCr In this video we have three tips to achieve success and improvement as shown by Elon Musk! In five hundred years, we may look back and say, "Elon Musk was the single most influential person of our entire century." He has been able to do more in his 46 years than most of us could hope to do in ten lifetimes and yes, part of that is because Elon is incredibly smart...

Your kids might live on Mars. Here's how they'll survive | Stephen Petranek

It sounds like science fiction, but journalist Stephen Petranek considers it fact: within 20 years, humans will live on Mars. In this provocative talk, Petranek makes the case that humans will become a spacefaring species and describes in fascinating detail how we'll make Mars our next home. "Humans will survive no matter what happens on Earth," Petranek says. "We will never be the last of our kind." TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less)....

How Buffett Did It: Building Berkshire Hathaway

The first 500 people to use this link will get a 2-month free trial of Skillshare: http://skl.sh/businesscasual7 Use it to watch my new class on how the stock market works: http://skl.sh/investing-101 Support me on Patreon to get early access to my future videos: https://www.patreon.com/business_casual Join me at BC's subreddit and on social media: Reddit: https://reddit.com/r/businesscasual Facebook: https://www.facebook.com/business.casual.yt Twitter: https://twitter.com/BusinessCasual0 47th video of the Behind the Business Series. For most of you, Warren Buffett needs no introduction: his track record speaks for itself. What makes Buffett unique among the world's richest men is that he made his fortune not by innovating in the tech industry or by inheriting billions,...

Space: The Next Trillion Dollar Industry

Get $20 off your Away suitcase by going to http://www.awaytravel.com/wendover and using the code “wendover” at check out Watch my appearance on StarTalk with Neil deGrasse Tyson: https://youtu.be/OTEIbWy8AvY Check out the behind the scenes video on my new channel: https://youtu.be/5N3aZTT3TRw Pre-order our new t-shirt with the new logo: https://store.dftba.com/products/wend... Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteres... Check out my podcast with Brian from Real Engineering: http://apple.co/2ydYZOd (iTunes link) http://bit.ly/2gyeFle (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverprodu... Youtube: http://www.YouTube.com/WendoverProduc... Twitter: http://www.Twitter.com/WendoverPro Email: sam@wendover.productions Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Joe Cieplinski (http://joecieplinski.com/) Big thanks to Patreon supporters: Harry Hendel, KyQuan...

How Airports Make Money

Watch the video I made for Squarespace: https://youtu.be/h3wWyaWpRtY Check out my new personal channel: https://www.youtube.com/channel/UCDA1X6RrhzZQOHOGvC3KsWg Get the Wendover Productions t-shirt: https://standard.tv/collections/wendover-productions/products/wendover-productions-shirt Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteresting Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: sam@wendover.productions Reddit: http://Reddit.com/r/WendoverProductions Animation by Bard Edlund (http://www.edlundart.com/) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Simon Buckmaster Special thanks to Patreon supporters James McIntosh, Braam Snyman, Harry Handel, KyQuan Phong, Kelly J Knight, Robin Pulkkinen, Sheldon Zhao, Nader Farzan, James Hughes, Ken Lee, Victor Zimmer, Dylan Benson, Simenn Nerlier, Donald, Etienne Dechamps, Qui Le, Chris Barker, Andrew J Thom, Keith Bopp, Alec M Watson, Chris Allen, John & Becki...

How Budget Airlines Work

Support Wendover Productions on Patreon: https://www.Patreon.com/Wendover Productions Flying is an expensive endeavor, but somehow certain budget airline are able to sell tickets for less than 10 euros. This is how they work. Twitter: www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Thanks to Reddit users Phynub and Joey23art for their contributions and fact-checking. Video on "Why Flying is so Expensive": https://www.youtube.com/watch?v=6Oe8T3AvydU Last Video on "Immortality Through Quantum Suicide": https://www.youtube.com/watch?v=n7RHv_MIIT0 Attributions: http://airinsight.com/2010/07/21/ryanair-fascinating-insight/ Ryanair jet footage courtesy https://www.youtube.com/channel/UCD3t_Vmn-0T5VQz054Jn0Kg under Creative Commons License Air travel graph courtesy Mappy10101 EasyJet photo courtesy Biggerben Scale image courtesy Althepal Ryanair fleet photo and Cabin Crew photo courtesy Ryanair and used under fair use EasyJet fleet photo courtesy Curimedia Pilot photo courtesy Dmitrij.shpilchevskij Airport check-in photo courtesy Leonid...

Elon Musk When He Proved EveryOne Wrong - MUST WATCH

Elon Musk cries and becomes emotional during interviews when asked if the people he looked upto are out there to destroy you. It takes a lot of hardwork and effort to build a single company, It takes immense pain to make it successful. Elon Musk made Zip2,Paypal,X.com,SpaceX,Tesla, Solarcity and took them to great heights. But along the way , there were numerous set backs , some are foreseen and others not. When your role models turn out to be against humanity , you do feel immense pain. But We move on and continue to do our work.. Thats the greatest advice Elon Musk...

SpaceX's plan to fly you across the globe in 30 minutes | Gwynne Shotwell

What's up at SpaceX? Engineer Gwynne Shotwell was employee number seven at Elon Musk's pioneering aerospace company and is now its president. In conversation with TED curator Chris Anderson, she discusses SpaceX's race to put people into orbit and the organization's next big project, the BFR (ask her what it stands for). The new giant rocket is designed to take humanity to Mars -- but it has another potential use: space travel for earthlings. Check out more TED Talks: http://www.ted.com The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give...

India's Geography Problem

Build your website for 10% off by going to http://squarespace.com/wendover Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteresting Check out my podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Joe Cieplinski (http://joecieplinski.com/) Music: "So Far Away" by Riot, "Lithium" By Kevin MacLeod, "Hydra" by Huma Huma, "Namaste" by Audionautix, and "Raw Deal" by Gunnar Olsen Big thanks to Patreon supporters: M, Pete, Ken Lee, Victor Zimmer, Paul Jihoon Choi, Dylan Benson, Etienne Dechamps,...

The Little Plane War

Build your website for 10% off over at http://squarespace.com/wendover Subscribe to this new channel from Wendover Productions: https://www.youtube.com/halfasinteresting Check out my podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Joe Cieplinski (http://joecieplinski.com/) E175 footage courtesy PDX Aviation Boeing footage courtesy Boeing Airbus footage courtesy Airbus Bombardier footage courtesy Bombardier Music: "Wake Up" by Kai Engel and "Bass Vibes Rollin at 5" by Kevin Macleod Big thanks to Patreon supporters: Kevin Song, Kevin Song, David Cichowski, Andy Tran, Victor Zimmer, Paul Jihoon...

Why isn't Tesla broke?

Startup Funding Explained: https://youtu.be/677ZtSMr4-4 The Rest Of Us on Patreon: https://www.patreon.com/TheRestOfUs The Rest Of Us on Twitter: http://twitter.com/TROUchannel The Rest Of Us T-Shirts and More: http://teespring.com/TheRestOfUsClothing Thanks to my bro for the background tune. Soundcloud link: https://soundcloud.com/ininjanic Thanks to my Gold Patrons: friuns YouExec.com Will Tachau Paul Pivaru Frantisek Sumsala Cesar E. Lopez Duncan Kennedy Hannes Ott Leilah Ruan Jonathan Rieke Remy Rojas August Noë

15 Things You Didn't Know About Elon Musk

15 Interesting Facts & Things You Didn't Know About Elon Musk The Moksha Moment: http://www.alux.com/the-monk-effect-entrepreneurship/ Elon Musk: The World's Raddest Man: http://waitbutwhy.com/2015/05/elon-musk-the-worlds-raddest-man.html As of 2017 Elon Musk has a net worth of: 12.4 Billion USD Elon Musk is one of the most interesting and inspiring entrepreneurs in the world right now! We're huge fans of him so we had to dive deep and make - what we consider - our most complex video to date. In this Alux.com original video, we'll be taking a look at Elon Musks beginning, plans for the future, Elon Musk's Investment Strategy and reveal some of the secrets that...

How to Fix Traffic Forever

The first 100 people to sign up will get three meals off their Blue Apron order free! Click here: http://cook.ba/2tNrXSI This video is sponsored by Blue Apron. Check out my new podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Reddit: http://Reddit.com/r/WendoverProductions Music is “Vibe Ace” by Kevin MacLeod and “Solar Flares” by Silent Partner Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Ramp meter photo courtesy SounderBruce via Flickr Ramp meter photo 2 courtesy Garrett via Flickr Stockholm congestion charge photo courtesy Eurist ev via Flickr FedEx Field...

The Grand Theory of Amazon

Join Dollar Shave Club for only $5 http://www.dollarshaveclub.com/polymatter Thanks to sponsor Dollar Shave Club, new members get their 1st month of the Daily Essentials Starter Set including trial-sized versions of their Body Cleanser, One Wipe Charlies’ Butt Wipes, and Shave Butter along with their Executive Razor for only $5 with free shipping. Patreon: https://patreon.com/polymatter Twitter: https://twitter.com/polymatters Reddit: https://reddit.com/r/PolyMatter Discord: https://discord.gg/polymatter Amazon sells everything from streaming video to organic grapes, and it’s all part of a large (likely successful) strategy to dominate the entire consumer market. *The end of this video includes a paid sponsored promotion. This company had no part in the writing, editing, or production of...

How to Be as Productive as Elon Musk - 5 Essential Practices

The first 500 people to use this link will get a free 2-month trial with unlimited learning on Skillshare: http://skl.sh/thomasfrank5 Big thanks to Skillshare for sponsoring this video! How does Elon Musk get so much done? Apart from having an incredible work ethic and clearly being the owner of a time turner, here are 5 habits and strategies he uses to stay productive. My book "10 Steps to Earning Awesome Grades" is completely free, so check it out if you're interested in improving your grades! http://collegeinfogeek.com/get-better-grades/ Read this video's companion article: https://collegeinfogeek.com/productivity-lessons-from-elon-musk/ Check out our latest podcast episode for a look inside the thought process of a...