I just made a whole video on cabbage economics. This is what you subscribed for, right? *oh my gosh I know the price of diamonds is artificially created I'M SORRY it was just an example* ~ Tim
I think it was the cabbages. They have brainwashed this passionate merchant to make sure its world is fed, specifically the avatar. His group needs to be ready to take anything on, but the cabbages grow bitter. They are not eaten by their allies as much as destroyed or eaten by their enemies. They have given up. This is no longer a world where the cabbages and the avatar may be one. Outside my crazed ramblings, I never even noticed the whole cabbage car subplot thing. I'm glad it worked out.
@@hassankhan-jg1dx S3 ep17 as Sokka reads the poster citing various sources and first hand witnesses including quote: "a surprisingly knowledgeable merchant of cabbage."
The Cabbage Merchant is not only a perfect representation of the struggles of a entrrpreneur in a difficult socio economical and political global situation, but also a top notch example of why having recurring side characters, even as brick jokes and running gags, is a brilliant way to make memorable the small, random encounters the protagonists have along the way. It not only aliviates the heaviness of the plot with good ol comedy, but also manages to add depth to the world and radically increase the feeling that the world is alive and not entirely dependant on what the party is doing, while also giving some real consequences to their actions we as an audience cannot see firsthand. Indeed, the Cabbage Merchant is such a layered character and adds so much flavor to the world. Like a cabbage itself.
Head canon: The cabbage merchant became so enraged with the constant destruction of his merchandise that he secretly started the anti-bending movement. Think about it. Search your feelings. You know it to be true.
ian laedtke They DID arrest the CEO of Cabbage Corp on suspicion that they were helping the anti-bending movement, but that was a false lead of course.
He did actually give enough information to the playwright who wrote the play from "The Ember Island Players" to be credited as "A surprisingly knowledgable cabbage merchant." This information also made it to the military, no doubt. The cabbage merchant informed the Fire Nation on the Boomerang Squad's activities.
Yeah, I have an economics orientation in school and this was really easy to understand. Which is great (and useful) since I have an exam about this in a couple of weeks, sooo wish me luck haha :)
@@TheLordboki the cultural side of the price of diamonds are perfectly fine. Marketing is just a part of demand for a good. The reason diamonds are a bad example is entirely down to the market manipulation side of it. The fact that diamonds are a near monopoly with artificially restricted supply.
Cultural manipulation side isn't that bad, I guess. Just a bad case of an industry engaging in aggressive marketing. Aka. You are a looser if you don't want to buy your future spouse a ring with a diamond the size of baby's head.
Yeah was about to leave this comment. I believe that in terms of pure rarity, diamonds are much more common than, say, rubies, sapphires and emeralds, not to speak of other even rarer stones. Though of course the largest, purest or uniquely coloured diamonds are still rare - so long as you are talking of naturally occurring diamonds, as they can be made artificially fairly easily.
I don't plan on being an economist, but economics fascinates me. After that initial *click* "It makes sense!" I just couldn't seem to get enough. I took all of the economics classes offered by my local college as soon as possible because I loved it so much. There were 2. Now I'm sad, as I can't study further. At least, not scholastically. I could do research at home, but I suck at that. I wouldn't even know where to begin... *crai*
@@JanMaynz "Now I'm sad, as I can't study further." Why the hell not? You don't need a professor to study the subject-and there're plenty of free e-books on the subject at the mises.org library among other sources.
@@YuriyDel ... I suck at studying on my own. Like, bad. I actually do better by cramming, which I can't grasp how I would do that without taking a class. And yes, I do remember more when I cram. When I study, it flits away by the time I look at it again, when I cram, I think the stress of I NEED TO KNOW THIS NOW makes it stick much longer. ^^
@@JanMaynz Sorry to hear that. I would recommend just setting yourself a deadline as if you were in class. I also know Mises Institute has an online school that might be closer to what you want but without breaking the bank (it's more of an independent study than formal college courses). You can even try out some classes for free, IIRC. Your call and best of luck. If I can help in any way, please let me know.
@@YuriyDel Thanks for the info, but when I set my own deadlines i pretty much never stick to them. I started writing a book in middle school, I know pretty much the entire plot, just have the in-story details to figure out, and I'm only in chapter one... I'm in my second year of college... also, as for the classes, I'm dead broke. I'm desperately searching for a job, but very few people are hiring right now where I live. The only places that seem to be hiring are the places where I can't work, whether it's because schedule or because qualifications or because location or whatever. (I don't have a license for medical reasons, so I have to take the local bus, which doesn't go everywhere I might want to go, like Denny's... they've been hiring for a while, but the bus don't go, so I can't go.)
One nitpick here: you seem to assume that the market of Ba Sing Se is free of government regulation. That is very unlikely. Given that the city is forced to run on a war economy and has to be able to support itself during a major siege (thus needing large stockpiles of food/etc) in addition to being the cultural center of the kingdom and incurring additional costs in having a pervasive policing system and maintaining the illusion of no war, taxes should actually be *very* high.
This is an entire debate... on the accuracy of a video... that was about the story, and net worth of a fictional charachter and their fictional cabbages... in a fictional economy... in a fictional world. I Love It!
Cabbages! Cabbage cabbage cabbage, cabbage cabbages. Cabbages :) Awesome video Tim! Loved it :) Fav side character? Hmm... Do Stan Lee's cameo characters count? XD
People who pretend to watch the show: "Aang is the best character cuz he's the avatar and stuff" People who actually like the show and watch it ect: "no zuko is the best!" Me and mr cabbage man: *"hold my cabbages"*
I get the meme, nicely done. On a more serious note, I think ALL of the characters are amazing for their own reasons, but Uncle Iroh is by far the best. Unlike many other mentor-type characters, he truly shows wisdom in his teachings. I never got that from Master Roshi, Jiraiya, and even Genkai, or for a more western example Obi-Wan.
Diamonds are a bad example bc the supply is skewed. There are a lot of goddamn diamonds, the diamond companies that own the mines just want you to THINK they’re rare and hard to get
When you discuss the high barriers to entry for a car company, there's another aspect to the First Mover Advantage in play here. By being first, he also got to benefit from the lower starting barriers to entry. As the technology becomes more established, higher expectations for the product and increased regulation would have increased the barriers to entry. In a way, his success would have driven up the barriers to entry for future players (imagine the difficulty of getting into a comparable market like computers or social media - once the major players are established, products built in someone's basement no longer can compete, as expectations have moved so far ahead).
There’s a divide between industrial and jewelry grade diamonds. Industrial grade diamonds are extremely common while jewelry grade diamonds are rare enough that the market is pretty much cornered by Debeers who can artificially influence the market at a whim.
I would agree with your positive and inspirational conclusion where in not for the fact that though the cabbage merchant himself finally enjoyed success, by the time of the Korra series it seems that Cabbage Corp is now being badly beaten in the marketplace by the superior Future Industries designs created by the Sato family. Though it may continue to be profitable as a provider of much lower quality (see Earth Kingdom Air Ships etc) but consequently more affordable vehicles and technology, it now faces serious competition that may see it bought out by Future Industries or simply go bankrupt. Just because I cannot let a happy ending be. Also: "NOT MY CABBAGE CORP!!!" -Lau Gan-Lan (son of The Cabbage Merchant)
Cabbage Corp remains successful because Cabbage Corp. and Future Industries pursues two completely different strategies. Cabbage Corp. uses a cost-leadership approach, while future industries pursues product differentiation. Those two strategies generally don't get in the way of each other because individual customers will either just want better quality or better price. Low-income customers just want to be able to afford something, while the upper class just want something of higher quality. Both companies are operating in two completely different niches because of this
Studied economics in college and I love ATLA; this video made me enjoy this channel more. Also, I just wanted to say I think you have a great speaking voice and can tell a story exceptionally well. I hope you keep making videos for a long time.
Leaves from the vine Falling so slow Like fragile tiny shells Drifting in the foam Little soldier boy Come marching home Brave soldier boy Comes marching home
SaramonDGX2 basically they restrict the amount of diamonds people can get their hands on to create the illusion that they are rare when in fact they are one of the most common gems you could find at least in terms of sheer number and while they take many years to form we can artificially produce diamonds easily and way bigger than they are naturally
The Cabbages Merchant is under the divine royal protection of Lord Mishka! The Gaang are the true villains of the story and Lord Mishka will grant divine punishment.
DrewLSsix but also a good understanding of electricity, radio, and even talk of early computers if I remember correctly. I would like to know how war and unification combined with bending to the advance in tech. At any rate I think there is plenty for a video.
Agreed. This is a subject that is much too fascinating to ignore. But here's the queation I want Tim (or anyone in the comments) to answer. It's not ureasonable for societies to have an economic boom after a long time of war. Societies that were isolated from one another are now free to trade again. However, this war is unique in that they were fighting for 100 years. Is the shift from pre-industrial technology to industrial technology reasonable given all we know about the war or is the shift still too sudden?
I think that a technological boom is pretty reasonable. The Fire Nation was the most advanced technological nation during the hundreds year war because they were united and on the on the constant attack (also they made their transportation tech-dependant) while the earth and water kingdoms were unorganized by comparison. With the peace, there was a huge cultural and technological exchange bringing the major Fire Nation advancements to the other nations. Also helping was the discovery (or normalization) of two important bending techniques (metal and electricity bending) created the beginning of a new technological age. Even in light of what I just said, I think it is strange that so much advancement would occur during peacetime. War has always been one of the greatest catalysts for advancement, as depressing as it is. for proof just look at the interwar years between the World Wars where war did not change much between the two but change very quickly during each. But in peace, none of these advancements are really needed for something as important as war. Of course, this is just some of my own though and would still love to see what wisdom our savior will pass down to Tim.
TickedOff Priest This Powerpoint has no sources...and most of the facts quoted are from the 1980’s....how has the industry shifted then? The presentation also ends up saying that the future of the cartel is uncertain... I also would like to know if diamonds are controlled by cartel or not but this source is inconclusive
A yes, the cabbage man. He was so funny😃 Ahh, I miss this show. Wish they continued making series for it. Also, am I the only one who liked the Korra series because I have seen so many not liking it? Also, have you read the httyd dragonvine comic yet. If so what are your thoughts on it. I liked the story, and we got more Eret, who I really like tbh, but the art was a bit varied in quality I felt. Ps: potential spoiler alert!! Anyone else read the serpents heir and finnished a bit frustrated that we didn't get to see how the brand new teased tidal class dragon looked!😠 or is it just me who wants to see every species.
I also liked The Legend of Korra, just not as much as The Last Airbender. It started to decrease in quality during the second half of the second season though.
When I say "you should watch the great series avatar" they always respond "one it's a movie and two I have seen it" and I get so frustrated because it is the best show ever.
Who would've thought that a video on the Cabbage business in the wonderful world of Avatar could be so awesome?! But then again, that's what happens when you're subscribed to one of the best channels on RUclips!!! :)
The cabbage man is the symbol of the American dream. Through constant suffering and trial by error he endures to keep his business alive and after so long he finally made it to the top and began Cabbage Corp.
@@mrhalfwit972 You'd be surprised how relatively easy jewelry-grade diamonds are to find... industrial diamonds are even easier to find, but jewelry-grade are kept in an artificial shortage to keep prices high.
I always wondered how long you would wait to make this video and i´m glad you finally did. Best character in the series. The movie failed because he wasn´t included.
Actually diamonds are pretty easy to find, it's just carbon that's been under immense pressure for many years. The reason they're worth while is because the diamond cartel keeps a tight control over the supply of diamonds. It's why blood diamonds are frowned upon because they're sold outside the tight circle of the diamond cartel which cheapens the diamond's price.
Fun fact. Most of the demand for diamonds was artificially created by a marketing firm. It’s a really interesting topic I’d highly suggest you folks look it up it’s interesting
I enjoyed this! I reveled in it! Muahahahaha! No-one really immediately jumps out at me in terms of side characters now that you ask, but on the subject of Avatar... I would LOVE to see more Koh the Face Stealer and I believe the travelling Nomads deserve at least SEVERAL full albums.
Not a TV show, but on the D&D stream of Critical Role they had so many recurring side characters. I'd have to say my top one was Victor the blackpowder merchant. Matt went all out in his characterization, it's been a couple years since I saw those episodes and yet I can still picture it clearly in my mind.
Cabbages! cabbages! Ready to be eaten Cabbages! Cabbages! Drive them in a cart They don't make good cookies Which means they'll never sell out The avatar destroyed the cart Cabbages! Cabbages! Cook them into noodles But the avatar destroyed the cart
It would be a radically different show and probably wouldn't work as well. The relationships and interactions the team has with each other (as well as them as a whole with others in the world friend or foe) is such a huge part of the show.
1:30 actually Diamonds aren't as rare as all of that, the price is controlled by the Diamond businesses; the value of diamonds is completely illusory. ,_,
Sally sparrow?!? I shouldn't be surprised as Doctor Who is an amazing show and Blink is one of my favorite episodes. Thank you for all the awesome content you put out. I know I'm late to the party but I try and pace myself with your videos because they are so great that I dont want to blow through all of them right away.
Actually, the supply of diamond isn't nearly as low as it seems. It's being kept artificially low by the De Beers diamond corporation, which has an international monopoly.
I just made a whole video on cabbage economics. This is what you subscribed for, right?
*oh my gosh I know the price of diamonds is artificially created I'M SORRY it was just an example*
~ Tim
MOOOOORRRRREEEEEE!!!!!!!
Hello Future Me hell yeah
Yes this is exactly what I subscribed for
Naturally
Yes Tim number 1250.
All hail Mishka
I love how the cabbage merchant just accidentally tracks Team Avatar better than Zuko and the entirety of the Fire Nation.
lmao rofl
lolol
I think Uncle Iroh clued in on this... and might have tried telling Zuko... but then Zuko would have mentioned how insane that notion is.
Welp they at least now know who to hire next time.
I think it was the cabbages. They have brainwashed this passionate merchant to make sure its world is fed, specifically the avatar. His group needs to be ready to take anything on, but the cabbages grow bitter. They are not eaten by their allies as much as destroyed or eaten by their enemies. They have given up. This is no longer a world where the cabbages and the avatar may be one.
Outside my crazed ramblings, I never even noticed the whole cabbage car subplot thing. I'm glad it worked out.
Why does EVERYONE ignore that The Cabbage Merchant was involved in the writing of the Ember Island Players rendition of the Avatar play?
I'm guessing it was motivated by revenge.
I thought the Ember Island Players rendition was pretty good. Toph is big and buff and awesome.
Source?
@@hassankhan-jg1dx S3 ep17 as Sokka reads the poster citing various sources and first hand witnesses including quote: "a surprisingly knowledgeable merchant of cabbage."
Right???
The Cabbage Merchant is not only a perfect representation of the struggles of a entrrpreneur in a difficult socio economical and political global situation, but also a top notch example of why having recurring side characters, even as brick jokes and running gags, is a brilliant way to make memorable the small, random encounters the protagonists have along the way. It not only aliviates the heaviness of the plot with good ol comedy, but also manages to add depth to the world and radically increase the feeling that the world is alive and not entirely dependant on what the party is doing, while also giving some real consequences to their actions we as an audience cannot see firsthand.
Indeed, the Cabbage Merchant is such a layered character and adds so much flavor to the world. Like a cabbage itself.
Would you say he has layers like a ...... Cabbage?
I won't lie. I thought there was an onion subversion coming.
You know what else has layers? Strawberry Parfaits. Ain't nobody going to say no to a Strawberry Parfait.
That last sentence though 😂
@@NimhLabs I don't like strawberries. Or parfaits.
Head canon: The cabbage merchant became so enraged with the constant destruction of his merchandise that he secretly started the anti-bending movement.
Think about it. Search your feelings. You know it to be true.
ian laedtke They DID arrest the CEO of Cabbage Corp on suspicion that they were helping the anti-bending movement, but that was a false lead of course.
wow
@@jamesbaxter5147 Thats what you are supposed to think...
@@silentecho92able i will get back to this comment and read it after i finish TLOK. but thanks for this comment
He did actually give enough information to the playwright who wrote the play from "The Ember Island Players" to be credited as "A surprisingly knowledgable cabbage merchant." This information also made it to the military, no doubt. The cabbage merchant informed the Fire Nation on the Boomerang Squad's activities.
We must have a spin-off series of the cabbage man
Cabbagetar: The First Cabbagebender
Petition time
Spin off series starring the cabbage man and foaming mouth guy.
Yes
😭 no my cabbages
Your dedication to fanboying over Avatar is incredibly endearing. Long live the cabbage merchant.
Dude wtf, I study economics in college and this guy is teaching economics way better than my teachers. AND WITH AVATAR CABBAGES
Oh, the *CABBAGES*! 🤣
Maybe you just understand economics when its simplified for an audience that might not understand it.
@@kingish4062 well thanks for being rude, i am currently 3 weeks into the thing and should be an expert
@@alexandrehaikal9814 im sorry, i just took your comment as a question and i wanted to answer it. I did not mean to be rude to you.
Yeah, I have an economics orientation in school and this was really easy to understand. Which is great (and useful) since I have an exam about this in a couple of weeks, sooo wish me luck haha :)
The video we didn't know we wanted, but we definitely needed
Courtney Thomson why hello there
Hello Future Me general Kenobi
That is so true.
I knew I wanted this video..
@@phoenix-mu5ur You're a bold one
Cabbage merchant exists.
Avatar: I'm about to end this man's whole career.
But the Cabbage Merchant was too strong
"you've forfeited your cabbage privaleges"
No don't do it!
Lau Gan-Lan exists.
Lin Beifong: I'm about to end this man's whole career.
Everyone knows that the Cabbage merchant is the strongest Avatar character.
No that's Momo
No, good old iroh
Can’t even protect his cabbages
What about sparky sparky boom man
When he said forget it, I felt that.
*uses diamonds as a example of supply and demand*
OOF
Yeah, the price of diamond is artificially created. Supply is under a monopolist and the demand is created by both cultural and market manipulation.
@@TheLordboki the cultural side of the price of diamonds are perfectly fine. Marketing is just a part of demand for a good.
The reason diamonds are a bad example is entirely down to the market manipulation side of it. The fact that diamonds are a near monopoly with artificially restricted supply.
I'd argue supply is oligopolistic, but I essentially agree with you. eng.alrosa.ru/diamonds-explained/the-world-diamond-market/
Cultural manipulation side isn't that bad, I guess. Just a bad case of an industry engaging in aggressive marketing. Aka. You are a looser if you don't want to buy your future spouse a ring with a diamond the size of baby's head.
Yeah was about to leave this comment. I believe that in terms of pure rarity, diamonds are much more common than, say, rubies, sapphires and emeralds, not to speak of other even rarer stones. Though of course the largest, purest or uniquely coloured diamonds are still rare - so long as you are talking of naturally occurring diamonds, as they can be made artificially fairly easily.
cabbage bender is the next avatar cycle
I really thought i had scratched one of my eyebrow hairs onto my phone until i realized it was your profile pic
Omg yes
Imagine an avatar that works at cabbage corp
Is it sad that my economics teacher showed us this?
Should you what?
That’s incredible
High five your econ teacher for me.
Well not literally, especially not now-spiritually, spiritually high five your econ teacher. For me.
I wish my economics teacher showed me this....
If your teacher is showing you videos to teach boring topics he/she deserves praise
His cabbages also get destroyed in the episode titled “the water scroll”
'theres no war *tHat cAn haRm l0cAl bUisinEsEs* in ba sing se'
@ x AnnaChristina x , Stop mocking them you insolent fool
But what about...
@ King Of Dragons , About what ?
The Khans about the harmed local buisinesss
@ King Of Dragons , Cabbage man went on to start a corporation called “ Cabbage Corp “
Part of me hopes that this video gets a take down notice just so someone can scream “Not my cabbage video!”
hiei82 lol
NOT MY CABBAGE VIDEO!
I don't care if it hasn't been taken down, I'm shouting it.
This video has apparently been claimed by Sony ATV
Kerninja the Frog NOT MY CABBAGE VIDEO!
Literally the best running gag of all time.
If you’re interested, I have ATLA Kalimba covers on my channel :)
margoblin _ will definitely check those out.
Jesus repent & believe.
Matthew Leisure him and the my leg guy from spongebob
Matthew Leisure it’s not lupus from house?
You never see the Cabbage Merchant's forehead. Plot twist, he is actually a combustion bender.
You mean a cabbage bender?
If you can bend metal, you can bend cabbages
He's related to Sparky-Sparky-Boom Man?
@@trevorpacelli8056 the twin who to re stock creates cabbagge explosions
Always wondered what happened to him 😂. Good to know he made it through in the end.
Also cabbage man will always be #1 side character.
He is #1 main character get it right
Foaming mouth guy ?
As an economist, I greatly enjoyed this.
I don't plan on being an economist, but economics fascinates me. After that initial *click* "It makes sense!" I just couldn't seem to get enough. I took all of the economics classes offered by my local college as soon as possible because I loved it so much. There were 2. Now I'm sad, as I can't study further. At least, not scholastically. I could do research at home, but I suck at that. I wouldn't even know where to begin... *crai*
@@JanMaynz "Now I'm sad, as I can't study further." Why the hell not? You don't need a professor to study the subject-and there're plenty of free e-books on the subject at the mises.org library among other sources.
@@YuriyDel ... I suck at studying on my own. Like, bad. I actually do better by cramming, which I can't grasp how I would do that without taking a class. And yes, I do remember more when I cram. When I study, it flits away by the time I look at it again, when I cram, I think the stress of I NEED TO KNOW THIS NOW makes it stick much longer. ^^
@@JanMaynz Sorry to hear that. I would recommend just setting yourself a deadline as if you were in class. I also know Mises Institute has an online school that might be closer to what you want but without breaking the bank (it's more of an independent study than formal college courses). You can even try out some classes for free, IIRC. Your call and best of luck. If I can help in any way, please let me know.
@@YuriyDel Thanks for the info, but when I set my own deadlines i pretty much never stick to them. I started writing a book in middle school, I know pretty much the entire plot, just have the in-story details to figure out, and I'm only in chapter one... I'm in my second year of college... also, as for the classes, I'm dead broke. I'm desperately searching for a job, but very few people are hiring right now where I live. The only places that seem to be hiring are the places where I can't work, whether it's because schedule or because qualifications or because location or whatever. (I don't have a license for medical reasons, so I have to take the local bus, which doesn't go everywhere I might want to go, like Denny's... they've been hiring for a while, but the bus don't go, so I can't go.)
One nitpick here: you seem to assume that the market of Ba Sing Se is free of government regulation. That is very unlikely. Given that the city is forced to run on a war economy and has to be able to support itself during a major siege (thus needing large stockpiles of food/etc) in addition to being the cultural center of the kingdom and incurring additional costs in having a pervasive policing system and maintaining the illusion of no war, taxes should actually be *very* high.
Oh, that's sad.
elijah mikle I said it was sad. What more do you want from me
What are you talking about? There is no war in Ba Sing Se.
This is an entire debate... on the accuracy of a video... that was about the story, and net worth of a fictional charachter and their fictional cabbages... in a fictional economy... in a fictional world. I Love It!
Honestly, this is a very Kiwi assumption
"We all knew his name: the cabbage merchant!"
His... name?
*It is his name. Do not deny it*
His parents were so confident in his occupation they named him cabbage merchant.
He gave up his name and changed it to cabbage merchant.
Did anyone else realize that the cabbage merchant is a lot like the guy in spongebob who says, "MY LEG!"
The name of that guy from Spongebob is Fred. He even got a episode about him.
69th like, N O I C E
@@tofigh09tmt39 uP
INPOSIBLE
As an Econ major that just binged avatar, I really appreciate this. You did a good job with everything you’ve said relating it to Econ
Cabbages!
Cabbage cabbage cabbage, cabbage cabbages. Cabbages :)
Awesome video Tim!
Loved it :)
Fav side character? Hmm... Do Stan Lee's cameo characters count? XD
Cabbages? Cabbages cabbage cabbage cabbages cabbage cabbages.
cabbages cabbages cabbages cabbages cabbages
Krlytz cabbage cabbage
ha ha ha ha ha ha
This reminds me of how buffalo buffalo buffalo buffalo buffalo buffalo buffalo buffalo.
People who pretend to watch the show: "Aang is the best character cuz he's the avatar and stuff"
People who actually like the show and watch it ect: "no zuko is the best!"
Me and mr cabbage man: *"hold my cabbages"*
I get the meme, nicely done. On a more serious note, I think ALL of the characters are amazing for their own reasons, but Uncle Iroh is by far the best. Unlike many other mentor-type characters, he truly shows wisdom in his teachings. I never got that from Master Roshi, Jiraiya, and even Genkai, or for a more western example Obi-Wan.
Meidoification I mean so did Yoda, Dumbledore, Gandalf...
Iroh and zucko are my 2 favs but I loved how when they saw the play one of sources was that cabbage man
@@Meidoification Master Roshi thougth Goku humilty to bad Dbs ruined that
Nah man toph and uncle iroh are the best cabbage man is third best
Diamonds are a bad example bc the supply is skewed. There are a lot of goddamn diamonds, the diamond companies that own the mines just want you to THINK they’re rare and hard to get
Not to mention you can make flawless diamonds in a lab now. :P
I love how "MY CABBAGES"
Turned into
"MY CABBAGE CORP"
And eventually the future avatar after Korra , if technology keeps progressing it will become either.
“My CABBAGE PHONE” or “MY CABBAGE PAD”
"And we all knew his name...the cabbage merchant"
Video: "Long ago, CABBAGES..."
Me: *smashes the like button like a cabbage cart*
I love how it evolved from cabbages to Cabbage Corp in Korra XD
When you discuss the high barriers to entry for a car company, there's another aspect to the First Mover Advantage in play here. By being first, he also got to benefit from the lower starting barriers to entry. As the technology becomes more established, higher expectations for the product and increased regulation would have increased the barriers to entry. In a way, his success would have driven up the barriers to entry for future players (imagine the difficulty of getting into a comparable market like computers or social media - once the major players are established, products built in someone's basement no longer can compete, as expectations have moved so far ahead).
Diamonds actually aren’t that rare. There’s an artificial supply and demand for them
There’s a divide between industrial and jewelry grade diamonds. Industrial grade diamonds are extremely common while jewelry grade diamonds are rare enough that the market is pretty much cornered by Debeers who can artificially influence the market at a whim.
Aren Sereathy what’s the difference between industrial and jewelry grade diamonds? I mean the physical difference
Thanks, I was about to post this myself, screw De Beers. Have an upvote.
@@simonnachreiner8380 Literal vaults filled with nothing but diamonds
Can someone give me a count of how many times he says 'cabbages'
Thunderus Night 12:25 even Tim is aware that is TOO many times hahaha
@@josebeteta8283 lol yeah
42
I would agree with your positive and inspirational conclusion where in not for the fact that though the cabbage merchant himself finally enjoyed success, by the time of the Korra series it seems that Cabbage Corp is now being badly beaten in the marketplace by the superior Future Industries designs created by the Sato family. Though it may continue to be profitable as a provider of much lower quality (see Earth Kingdom Air Ships etc) but consequently more affordable vehicles and technology, it now faces serious competition that may see it bought out by Future Industries or simply go bankrupt. Just because I cannot let a happy ending be.
Also: "NOT MY CABBAGE CORP!!!" -Lau Gan-Lan (son of The Cabbage Merchant)
Cabbage Corp remains successful because Cabbage Corp. and Future Industries pursues two completely different strategies. Cabbage Corp. uses a cost-leadership approach, while future industries pursues product differentiation. Those two strategies generally don't get in the way of each other because individual customers will either just want better quality or better price. Low-income customers just want to be able to afford something, while the upper class just want something of higher quality. Both companies are operating in two completely different niches because of this
Studied economics in college and I love ATLA; this video made me enjoy this channel more. Also, I just wanted to say I think you have a great speaking voice and can tell a story exceptionally well. I hope you keep making videos for a long time.
Leaves from the vine
Falling so slow
Like fragile tiny shells
Drifting in the foam
Little soldier boy
Come marching home
Brave soldier boy
Comes marching home
Why would you write that? My heart can't handle it :(
Who’s cutting onions?! 😭😭
WHY WOULD YOU DO THAT?!?
Fun fact : that was the last line for the series the original voice actor for iroh recorded before passing away
@@fdmugen4724
Oh wow ouch 😭😭 didn't know that
Diamods are easy to find and easy to mine ;) their cost is made artificialy (more than with others). You should have picked gold.
@MLG Joe but some like uranium have naturally high costs
This video raises so many questions.
Like, why am I watching this and, why am I enjoying this?
Diamonds is a suprisongly poor example as it is a comodity notorious for its false scarsity created by the De Bears company to inflate prices.
False scarcity?
SaramonDGX2 basically they restrict the amount of diamonds people can get their hands on to create the illusion that they are rare when in fact they are one of the most common gems you could find at least in terms of sheer number and while they take many years to form we can artificially produce diamonds easily and way bigger than they are naturally
Thank you!
SaramonDGX2 your welcome!
Thank you. I was thinking the same thing when he said that.
They say the best things aren't known to you until they are reavled by others. This, this is proof.
All hail lord MISHKA may he forever more be beautiful and divine
The Cabbages Merchant is under the divine royal protection of Lord Mishka!
The Gaang are the true villains of the story and Lord Mishka will grant divine punishment.
Mishka dead
Rip
Covered everything I learned in the first quarter of macroeconomics
If my economics professor had taught the class like this, I wouldn't have skipped any classes.
I kind of want to send you cabbages to your po box now.
I don't want diamonds...
Also there's a shit tonn of them but the Luxemburgish cartels are severely limiting the supply.
Myrdin Osrek it’s mostly the De Beers corporation.
Love the video, could you do a video on the technology jump between The last airbender and the legend of korra?
The advance from mechanical war machines and air ships to steam powered vehicles is not exactly remarkable over just about a hundred years.
DrewLSsix but also a good understanding of electricity, radio, and even talk of early computers if I remember correctly. I would like to know how war and unification combined with bending to the advance in tech. At any rate I think there is plenty for a video.
I actually would like to see that too
Agreed. This is a subject that is much too fascinating to ignore. But here's the queation I want Tim (or anyone in the comments) to answer. It's not ureasonable for societies to have an economic boom after a long time of war. Societies that were isolated from one another are now free to trade again. However, this war is unique in that they were fighting for 100 years. Is the shift from pre-industrial technology to industrial technology reasonable given all we know about the war or is the shift still too sudden?
I think that a technological boom is pretty reasonable. The Fire Nation was the most advanced technological nation during the hundreds year war because they were united and on the on the constant attack (also they made their transportation tech-dependant) while the earth and water kingdoms were unorganized by comparison. With the peace, there was a huge cultural and technological exchange bringing the major Fire Nation advancements to the other nations. Also helping was the discovery (or normalization) of two important bending techniques (metal and electricity bending) created the beginning of a new technological age. Even in light of what I just said, I think it is strange that so much advancement would occur during peacetime. War has always been one of the greatest catalysts for advancement, as depressing as it is. for proof just look at the interwar years between the World Wars where war did not change much between the two but change very quickly during each. But in peace, none of these advancements are really needed for something as important as war. Of course, this is just some of my own though and would still love to see what wisdom our savior will pass down to Tim.
1:35 They are not difficult to find. One company just owns a monopoly over all the diamonds and jacks up the prices.
This is how you get people interested in economics
Actually, diamonds are very cheap, but the market is artificially distorted to raise the price.
TickedOff Priest do you have a source I want to learn more
But I believe you though
@@wrytard3876 are.berkeley.edu/~sberto/debers.pdf
TickedOff Priest This Powerpoint has no sources...and most of the facts quoted are from the 1980’s....how has the industry shifted then? The presentation also ends up saying that the future of the cartel is uncertain... I also would like to know if diamonds are controlled by cartel or not but this source is inconclusive
A yes, the cabbage man. He was so funny😃
Ahh, I miss this show. Wish they continued making series for it.
Also, am I the only one who liked the Korra series because I have seen so many not liking it?
Also, have you read the httyd dragonvine comic yet. If so what are your thoughts on it. I liked the story, and we got more Eret, who I really like tbh, but the art was a bit varied in quality I felt.
Ps: potential spoiler alert!!
Anyone else read the serpents heir and finnished a bit frustrated that we didn't get to see how the brand new teased tidal class dragon looked!😠 or is it just me who wants to see every species.
I also liked The Legend of Korra, just not as much as The Last Airbender. It started to decrease in quality during the second half of the second season though.
They're making a live action series version of Avatar over at Netflix. Sounds kinda sketch tho.
Mispronounced Bass I’m actually really excited for it and the new changes that they’ll include, but I seriously can’t wait for the permire
I love LoK!
When I say "you should watch the great series avatar" they always respond "one it's a movie and two I have seen it" and I get so frustrated because it is the best show ever.
I always imagined that later on cabbages in general become symbols of anti-benders, and bender hatred.
Yes, I watched a almost 14 minute video about cabbage economics in a fictional children’s cartoon...
I loved every second of it.
Joke's on you, this is the first vid of your's I've seen.
Now THIS is what I expected from this channel
Who would've thought that a video on the Cabbage business in the wonderful world of Avatar could be so awesome?! But then again, that's what happens when you're subscribed to one of the best channels on RUclips!!! :)
2:43
In my head:
Leaving nothing but... A TURD IN THE WIND
You missed one other my cabbages scene in Korra where he goes to jail he says,”NO My Cabbage Corp!”.
“The time has come," the walrus said, "to talk of many things: Of shoes and ships - and sealing wax - of cabbages and kings”
The cabbage man is the symbol of the American dream. Through constant suffering and trial by error he endures to keep his business alive and after so long he finally made it to the top and began Cabbage Corp.
But what about his contribution in "The boy in the iceberg"? There wouldn't be a play without him!
one error tho... Diamonds are not that difficult to find... they just are being kept at a "low supply" to keep the prices high.
thatls industrial diamonds. jewelry diamonds though, are rare,
@@mrhalfwit972 You'd be surprised how relatively easy jewelry-grade diamonds are to find...
industrial diamonds are even easier to find, but jewelry-grade are kept in an artificial shortage to keep prices high.
@@FinlayDaG33k exactly
@@mrhalfwit972 Jewelry diamonds haven't been rare since the colonization of Africa.
Guy LETS RAPE AFRICA said everybody trying to see who could rape it the fastest - some guy on RUclips 20something I can’t be bothered looking it up
Learned more about economics in this video then in school
the intro was well fixed =D
I always wondered how long you would wait to make this video and i´m glad you finally did. Best character in the series. The movie failed because he wasn´t included.
Actually diamonds are pretty easy to find, it's just carbon that's been under immense pressure for many years. The reason they're worth while is because the diamond cartel keeps a tight control over the supply of diamonds. It's why blood diamonds are frowned upon because they're sold outside the tight circle of the diamond cartel which cheapens the diamond's price.
I think blood diamonds are frowned upon because they're mined in war zones and the profits go to dictators.
@@globin3477 that too
Fun fact. Most of the demand for diamonds was artificially created by a marketing firm. It’s a really interesting topic I’d highly suggest you folks look it up it’s interesting
Literally when he makes theory videos he is like giving me a whole lesson
Avatar videos are the best
dj poptart If you’re interested, I have ATLA Kalimba covers on my channel :)
margoblin _ earned my subscription
I enjoyed this! I reveled in it! Muahahahaha!
No-one really immediately jumps out at me in terms of side characters now that you ask, but on the subject of Avatar... I would LOVE to see more Koh the Face Stealer and I believe the travelling Nomads deserve at least SEVERAL full albums.
I love your profile pic!
not even neo or velvet?
Secret Tunnel! Secret Tunnel!
Through the mountain!
Not a TV show, but on the D&D stream of Critical Role they had so many recurring side characters. I'd have to say my top one was Victor the blackpowder merchant. Matt went all out in his characterization, it's been a couple years since I saw those episodes and yet I can still picture it clearly in my mind.
I've been wanting to watch critical role for a while now, but I just haven't had the time to watch that many hour+ long livestreams.
Yeah I watched them on RUclips at double speed, still took me about five months to get through it all.
Thank you!!! This was what I needed to study for school. It sounds way easier like this!!
Truly you have become the J.Jonah Jameson for the Avatar in this video.
"... which is also an underrated sequel to the Matrix" 2:02
Well placed sneaky pun-reference 😂
Segabbac.
That definitely not what you didn't want us to say backwards...
Cabbages! cabbages!
Ready to be eaten
Cabbages! Cabbages!
Drive them in a cart
They don't make good cookies
Which means they'll never sell out
The avatar destroyed the cart
Cabbages! Cabbages!
Cook them into noodles
But the avatar destroyed the cart
KosherKitten If you’re interested, I have ATLA Kalimba covers on my channel :)
My first instinct was to try and write something like this but I couldn't think of anything solid. Good work.
You win. You win the internet for today.
Avatar: My cabbages!
Spongebob: My leg!
1:35 Diamonds are rather common, and I'm not talking about the number in stores. Among the more common of jewels.
Loving the supernatural soundtrack in the background 😂
Even if this wasn’t a greatly entertaining video, it would be an amazing intro to basic economics lol
This is how I studied for my Econ final and I passed
Ironic, I just had a management exam 3 days ago and I actually learned better some of the concepts than in my classes! Props to you
Nobody:
Not a single soul:
Cabbage merchants: *MY CABAGGES!!!*
actually, theres only one cabbage merchant - they have possibly been through more then an avatar
Also, would ATLA be the same if Aang was on a solo mission to save the world? Or does the show work so well because of "Team Avatar"
It would be a radically different show and probably wouldn't work as well. The relationships and interactions the team has with each other (as well as them as a whole with others in the world friend or foe) is such a huge part of the show.
1:30 actually Diamonds aren't as rare as all of that, the price is controlled by the Diamond businesses; the value of diamonds is completely illusory. ,_,
Pure clean natural diamonds are rare.
so are most values
John Doherty No they’re just stockpiled and only released to the public in limited quantities to keep the demand high.
Hmm, a side character I love? Right now it's the guy who says, "Ah my leg!" in Sponge Bob. XD
Petition for this video to be utilized during introduction economic classes
Sally sparrow?!? I shouldn't be surprised as Doctor Who is an amazing show and Blink is one of my favorite episodes. Thank you for all the awesome content you put out. I know I'm late to the party but I try and pace myself with your videos because they are so great that I dont want to blow through all of them right away.
MY CABBAGES!!!!!!😭😭
This is so sad Alexa play despacito
Video: Don't write cabbages in the comments
Me: Hmmmmmm... *CABBAGES CABBAGES CABBNAGES CABBAGES CABBAGES...*
*CABBNAGES*
MY CABBNAGES!!!!
I found the cabbage merchant very inspiring, like Iroh, I mean remember when he said "MY CABBAGES!" I really felt that.
It doesn’t begin with a boy IN an iceberg but WITH an iceberg
Thank you for making Economics interesting! and yes, this is exactly why i subscribed to your channel.
Favourite side character: Badger from Firefly.
Actually, the supply of diamond isn't nearly as low as it seems. It's being kept artificially low by the De Beers diamond corporation, which has an international monopoly.
You're actually wrong about diamonds (if my sources are right). Supply is artificially kept low in order to keep prices high.
you literally taught this better than my econ professor, amazing video!!!!!
Correction about diamonds, demand is high but mining is high too, it is artificially kept low to keep prices high.