Economics in film

Tweet Sacred Economics traces the history of money from ancient gift economies to modern capitalism, revealing how the money system has contributed to alienation, competition, and scarcity, destroyed community, and necessitated endless growth. Today, these trends have reached their extreme - but in the wake of their collapse, we may find great opportunity to transition to a more connected, ecological, and sustainable way of being. The best way I knew how was to use my filmmaking skills to share Charles' work, and spread it to communities around the globe. His vision of "the more beautiful world our hearts tell us is possible" is the salve that so many of us need at this time, in the age of great transition.

Economics in film

Email Copy Link Copied Economics is not only the study of money and its effects, but also the study of human behaviour, of why people do what they do.

The global recession resulted in both macro and micro losses. When one sector of the economy fails, all others suffer as well, so that when the stock market nearly collapsed many regular people faced poverty and social problems.

Some of the films on this list focus Economics in film recessions and its negative impact on individuals and their families, which are still felt today. Luckily, one of the best things about films is that they are a way to bring complicated economic and business information to the public in a mainstream way.

This allows the everyday person to learn about the powerful and seemingly unstoppable economic forces driving their lives from behind the scenes, and gain an awareness of the mass human behaviours that drives our economy. By exposing more people to the inner workings of the financial system and what drives it, perhaps they can make an attempt to defy the lowest common denominator approach to finances and swim against the current of the mainstream to maximize their own economic benefits.

If nothing else, these films remind people of just how connected our world and economy has become, and that every ripple makes a difference, however small.

In order to succeed in the modern economic landscape, it is essential to be both aware and skeptical of the financial information we are bombarded with on a daily basis.

Now here are the five most influential economic- related films of the 21st century. The film focuses on two brothers who do whatever it takes to keep their start-up company going during the initial stage of the stock market collapse. Meanwhile, the brothers live an exciting and luxurious life until something drastic happens that changes their country forever.

The film depicts how an attack on a country can negatively affect the economy and lead to a substantial down fall in the stock market. Even though The New York Post gave the film 1.

The film The Bank, focuses on a man who uses an advanced algorithm to predict and beat the stock market. The program attracted a cunning and ruthless financial business man who wanted to shut down all of the smaller financial firms that provide loans.

Due to the foreclosure of these smaller financial firms, customers were forced to feel the pinch, especially when the economy fell into a recession. The film truly depicts how people purse their own interests by using cost benefit analysis to dictate their actions. Further, it also reminds audiences who are watching that not all leaders make the best moral decisions.

This film, The Company Men, depicts a real-life scenario of the hardships faced by some corporate employees during a recession. Specifically, the film illustrates a hierarchical system in the corporate world and how a recession devastates some and enriches those who are on top.

Economics in film

For instance, the CEO and managers are shown to have no setbacks while the ordinary employees who were laid off were shown to have difficulties in supporting their families and battling depression. Even in real-life, some selfish corporate leaders still lay off their employees in order to keep their businesses running more smoothly and to satisfy their stockholders without any thoughts towards the personal well-beings of others.

A recession affects the economy at a micro and macro scale.

Economics in film

Often times, unemployment rises resulting in lower production and in turn lowering real GDP. During the unemployment time, the character experiences depression after the downsizing of his normal luxury life-style and social status he once had. This film was rated a 6. Margin Call advertising The film, Margin Call, received 7.

This fascinating film explores the reasons behind the economic recession and how the underlying financial system is, in fact, the root cause of the problem.

As the alarming news travels up, the decision is made to dump these toxic assets on the market, an action which effectively triggers the massive economic recession. The film focuses on the financial system in place and the morals of the economic behemoths that run it. Moneyball Moneyball is a critically acclaimed film that received a rating of 7.

Starring Brad PittJonah Hilland Philip Seymour Hoffmanthis film is about how statistical methods of player selection, more commonly applied in the field of economics, would change the world of sports. Based on the book Moneyball: The Art of Winning and Unfair Game, this film explains how an increased focus on number crunching led to a more mathematical and economical approach to sports recruiting.

This was a big controversy at the time, since most teams believed that you could not rely on pure numbers to choose players and there was a widely held notion that persists to this day that the more money you spend the better team you get, which is not always the case.

Using only statistical calculations, Beane hired unorthodox players and his team went on to win an astounding 19 games in a row, tying for the American Baseball League record, though his team did not make it to the playoffs. Yet, Beane was approached and offered a In the end, Moneyball tells the real life account of how statistical methods, more commonly found in the field of economics, would forever change the way baseball teams and other sports team functioned.Jul 01,  · People have predicted the demise of the film industry since the dawn of TV and, later, the appearance of VHS, cable and digital piracy.

But Fabrizio Perretti, a management professor at the Università Bocconi in Italy, says that Hollywood is now actually destroying itself.

Economics in Film and Fiction is an intriguing and original supplement for the principles course. It should help pique student interest in economics and stimulate lively class discussion. It should help pique student interest in economics and stimulate lively class discussion.5/5(2).

NBER Program(s):Children, Law and Economics, Labor Studies, Public Economics Laboratory experiments in psychology find that media violence increases aggression in the short run. We analyze whether media violence affects violent crime in the field. The American Film Industry - A Model of Oligopoly Introduction The American Film Industry or Hollywood refers to the successful oligopoly economy of the major Hollywood studios in the s to the s.

The term implies that it studios, so the production of films constituted the .


The film has to do with "economics" in the sense that it tells the "rags to riches" story of a man who loses everything on a bad investment but earns his way into a successful career as a broker. Welcome to! Hello and welcome to the homepage for Socio-Economics!

Here you may find video, audio, books, articles and more pertaining to the field of SocioEconomics: a revolutionary theory of how our society operates, based on the ever-changing and collective values of its citizens, popularized by economists Jack Lessinger and Ranger Kidwell-Ross.

How the Economic Machine Works [Animation] by Ray Dalio