ECU Libraries Catalog

Hayek and the Free Market / Open University.

Other author/creatorFilms for the Humanities & Sciences (Firm)
Other author/creatorFilms Media Group.
Other author/creatorOpen University.
Format Video (Streaming) and Electronic
Publication InfoNew York, N.Y. : Films Media Group, [2013], ©2012.
Description1 streaming video file (52 min.) : sound, color.
Supplemental Content Part of the Films on Demand collection
Series Masters of Money: Three Economists Who Changed the World
Masters of money. UNAUTHORIZED
Contents Free Market Visionary (2:54) -- 2008 Financial Crisis Predictable (2:35) -- Radical Rejection of State's Role in Regulating the Market (1:14) -- Early Influences on Hayek's Thinking (1:54) -- Market as Communications System (1:31) -- Ruinous Effects of Inflation (2:36) -- Boom and Bust (2:16) -- Beginning of Modern Monetary Policy (3:01) -- Cause of the 2008 Crisis (1:40) -- Cause of the 1929 Crash and Depression (1:04) -- Fight of the Century (2:53) -- Keynes Wins the Battle of Ideas (1:40) -- Keynesian Response to 2008 Crisis and Recession (2:04) -- Hayek's Greatest Insight (1:49) -- "The Road to Serfdom" (1:37) -- Hayek Strikes a Chord With Americans (1:50) -- Into and Out of the Wilderness (3:03) -- Postwar Keynesian Consensus Crumbling (1:54) -- Britain Moves Hayek's Way (2:19) -- Too Big to Fail (1:55) -- Hayek's Most Revolutionary Idea (2:34) -- Views on Government Control of Money (1:40) -- Monetary Architect Charged With Counterfeiting (1:14) -- Honors and Awards (2:09) -- Pretense of Knowledge (1:53) -- Credits: Hayek and the Free Market: Masters of Money--Three Economists Who Changed the World (0:41)
Abstract According to conventional wisdom, the 2008 financial crisis happened because markets were not regulated enough. But what if the opposite is true? What if excessive government meddling in business caused the crash? To better understand that avenue of thought, it's necessary to study the work of a classical liberal thinker whose reputation continues to grow, even in a post-crisis world that seems to place a premium on Keynesian solutions. Shot in London, Vienna, and across the U.S., this program looks at the extraordinary life and influence of the radical free-market economist Friedrich Hayek. Hearing from high-ranking bank officials, leading politicians, and a Nobel laureate about the development and implications of the Austrian-born scholar's philosophy, viewers are encouraged to ask why, despite his influence, no government has ever dared to fully implement the central tenets of Hayek's monetary theory.
General noteEncoded with permission for digital streaming by Films Media Group on March 28, 2013.
General noteFilms on Demand is distributed by Films Media Group for Films for the Humanities & Sciences, Cambridge Educational, Meridian Education, and Shopware.
Access restrictionAccess requires authentication through Films on Demand.
Interest grade level 9 & up.
Technical detailsMode of access: Internet.
Technical detailsSystem requirements: FOD playback platform.
Source of descriptionTitle from distributor's description.
Issued in other formOriginally produced: Open University, 2012.
Genre/formEducational films.
Genre/formInternet videos.
Publisher number51973s Films Media Group
Publisher number51975 Films Media Group

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