2/8/11 Commanding Heights Journal #1 The commanding heights documentary episode one was actually quite pleasing. I do enjoy documentaries‚ and this was one I really had no prior knowledge of. I believe it will help me see a different side of economics. What stood out to me the most in the film was how post world war one‚ they believed more government control meant better economic outcome. This makes sense of why we had a rise in dictators‚
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Commanding Heights Episode 1 Journal In the first episode of Commanding Heights‚ it begins by showing the world with a global economy that is tremendously suffering by the World War 1 events. After World War I‚ two extremely cerebral economists tried to solve the world’s economic troubles‚ John Meynard Keynes and Friederich Hayek. Keynes had the belief that a government in times of economic despair should spend money and go into a deficit in order to build the economy back up and then when the
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Commanding Heights Episode 3 Commanding heights: The New Rules is the third film in the series and is about the 21st century economy. PBS sponsored the film under the direction of Michael Sullivan to inform the public about the economic situation. They speak about how the economy adapted to what is today. How the world nationalized third world countries allowing exchange and investment. Episode 3 addresses the current and future problems of a globalized world. That’s the structure of the film.
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Commanding Heights Episode 1 Summary Stephanie Watford The first episode of Commanding Heights begins by showing a world with a global economy that is then torn apart by World War I. Following World War I two young economists emerged that hoped to solve the world’s economic troubles‚ John Meynard Keynes and Friederich Hayek. Keynes put forth the belief that a government in times of economic despair should spend money and go into a deficit in order
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Commanding Heights: The Battle for the World Economy is a six-hour documentary from PBS purporting to inform the viewer about economics: what have been the different ideologies about managing the market‚ how did we get where we are now‚ and what is the nature of the modern world economy? It’s certainly an interesting topic and one that’s worthy of a thorough‚ in-depth‚ objective exploration. However‚ Commanding Heights has a fatal flaw‚ which can be concisely expressed in three words: conflict of
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Greg DalSanto Dr. Gregory Arburn Macroeconomics March 11‚ 2010 Commanding Heights: The Battle for the World Economy As I began to watch the documentary‚ I was a little apprehensive being that it was six hours long; however‚ it proved to be an excellent video that provided me with a detailed history about our world’s changing economies. From the different viewpoints of John Maynard Keynes and Friedrich von Hayek‚ to overall wealth increasing in the 1900’s but its unequal distribution increases
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Econ 251 4/10/13 Commanding Heights Commanding Heights Episode 3 The new rules of the game talked about a more recent global market. This episode related to our class material in multiple ways. I heard multiple economic vocab word used that helps relate to class material. First being bonds‚ which is a debt investment in which an investor loans money to an entity that borrows the funds for a defined period of time at a fixed interest rate. Balance sheet was another word used and that is an account
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The purpose of this paper is threefold‚ first to provide a synopsis of the third episode of the PBS video ‘Commanding Heights’‚ second to assess the success or failure of NAFTA and its implications for U.S. economy and in the future.‚ and thirdly to explain the three most important issues faced by the WTO and the World Bank. SYNOPSIS The third episode of the Commanding Heights series is titled “The New Rules of the Game” and examines the growth of globalization from the 1990’s through today
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Commanding Heights -the battle of ideas that divides our world -gov’t or market control? -communism promised good future to people (after WWI) -Keynes was advicing the UK gov’t on how to utilize money - he was trying to get money from the bankrupt Germany to pay for what they did -Borden thought it was a waste of time -France and Belgium said that the Germans should pay for what they’ve done -in 1919 Vienna was a poor country after it lost in the WWI -Socialism promised that concerns
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Bibliography: (Oosthuizen F.J;2014 Business Management a contemporary compilation ; page 5; economic systems ;published by FVBC; ROODEPOORT) (Stanislaw‚ J. & Yergin‚ D. (2002). Commanding Heights: The Battle OF ideas. Virginia: PBS.) (Stanislaw‚ J. & Yergin‚ D. (2002). Commanding Heights:. Virginia: Agony of reform PBS.) Cameron‚ R. (1993). Europe’s Second Logistic. Chapter 5 in A Concise Economic History of the World from Paleolithic Times to the Present. New York: Oxford University
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