virus: Commanding Heights: The World Economy and How It Got That Way

From: Jonathan Davis (jon.davis@iomartdsl.com)
Date: Sat Apr 06 2002 - 12:51:42 MST


>From The Netsufer Digest:

"Commanding Heights: The World Economy and How It Got That Way

Of the many ideological battles of the 20th century, the one which may
have the
greatest impact on your wallet is the battle between the economic
followers of John
Maynard Keynes and those of Friedrich von Hayek. Keynes advocated
government control
of the "commanding heights" of the economy in order to tame the
disruptive effects
of free markets. Hayek said that in the long term, free markets without
the taint of
central control were the best way to prosperity. How that ideological
battle has
played out is the subject of a new first-rate PBS documentary. In an
unusual move,
the public TV network has made each episode available on streaming video
for 30 days
after it airs. The Web site also has excerpts from a related book, an
exhaustive
list of links and resources, and a neat interactive world map - fast
forward to see
ideological change in economies over time. This is superb television,
without
economic equations, and with the participation of the actual people who
created
global economic policy over the last 50 years. It's eye-opening and
highly
recommended to anyone who works for a living. "

http://www.pbs.org/wgbh/commandingheights/



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