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PBS Commanding Heights Ep1 The Battle of Ideas DivX1 2

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Uploaded by on Sep 5, 2009

Commanding Heights: The Battle for the World Economy confronts head-on Americans' critical concerns about the new interconnected world. Based on the best-selling book by Pulitzer Prize-winner Daniel Yergin and Joseph Stanislaw, this groundbreaking series explores our changing world—the great debate over globalization and the future of our society.

Commanding Heights reunites the team that created The Prize— award-winning producer William Cran (From Jesus to Christ) and Daniel Yergin—and is the first in-depth documentary to tell the inside story of our new global economy and what it means for individuals around the world. Filmed on five continents, the powerful narrative combines stunning film footage with dramatic stories and extraordinary interviews with world leaders and thinkers from twenty different countries, including: Bill Clinton, Dick Cheney, former USSR President Mikhail Gorbachev, Mexican President Vicente Fox, Supreme Court Justice Stephen Breyer, Singapores Lee Kuan Yew, former Secretary of the Treasury Robert Rubin, Rep. Richard Gephardt, and President George W. Bush's Economic Advisor Lawrence Lindsey.

Commanding Heights dramatically captures the issues that have defined the wealth and fate of nations and shows how the battle over the world economy will shape our lives in the twenty-first century. http://www.kremsoft.com

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  • But why should we be surprised about this when Keynes had all the Fabian types and all the rich governments to support his ideas in the academy, when the Austrian School was annihilated by the German Army taking Mises and Hayek to America and Britain as the conveyors of the sound and sophisticated economic thought that had defeated the Historicism of the 19th century German School of Economics so that freedom might have somebody speaking for it after all. As for nobody predicting WW1, try Menger

  • The world *never* accepted Hayek's ideas, not in a world of the Fed, Greenspan, inflation, increasing serfdom even before the Credit Crunch, and then a response to it that was set on reinflating the money supply and preventing business readjustment to consumer desires/needs/time preference/savings level, by artificial depression of the rates of interests that may be accrued on loans. In reality enabling banks to pay depositors low interest during times of higher marginal utility of money units

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