How can I capture and convert analogue video 8 to an iMac?

I have an iMac 3.4 GHz Intel core i7 16 Gb 1333 Mhz DDR3 running 10.8.5 and would like to capture my old camcorder tapes on video 8 to turn them into DVDs. What do I need to buy? What recommended product meets the spec? Thanks.

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