Robert Reich Debunks Three Economic Myths by Drawing Cartoons

Robert Reich met Bill Clinton when they were both Rhodes Scholars during the 1960s. In the 70s, Reich attended Yale Law School with Hill and Bill. And then, decades later, he served in the Clinton administration as Secretary of Labor. Somewhere along the line, the political economist picked up some drawing skills (putting him in good company with Winston Churchill and George Bush) that work nicely in our age of whiteboard animated videos. Now a professor at UC Berkeley, Reich visually debunks three economic mythologies in two minutes. This clip follows a rapidfire 2012 video, again featuring his cartooning skills, called The Truth About the Economy.

ht @sheerly

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  • Kieren says:

    This is the worst economics video I have ever watched. This guy is seriously deluded.

  • Robert says:

    Agreed. This guy couldn’t run a Burger King; he has utterly no idea of economics, other than gods/elitists like himself should run things in a magical way that guarantees everyone acts independently and in spite of their meddling.

  • Tracy Kolenchuk says:

    The purpose of a democratic government is to enable the freedom of citizens.

  • Craig says:

    Wow, the man from utopia. He should move to Venezuela.

  • Hanoch says:

    I have to agree with Kieren. This presentation does not even deserve a seat at the economic debate table; it is utterly vapid and non-substantive. I’ll admit it was good for a chuckle, though, when Reich attempted to persuade that governments create free markets! This has got to be the pinnacle of silliness.

  • Sinead says:

    Please post your counter arguments, figures and statistics in more detail if you disagree with this .. throwing around insults and saying it’s rubbish means absolutely nothing

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