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Program Number083
TitleThe Economic Crisis
PBS Number-
Moderator-
HostBuckley, William F. (William Frank), 1925-2008.
Guest(s)1) Friedman, Milton, 1912-  - Professor of Economics at the University of Chicago, Past President of the American Economic Association

Taped onJan 8, 1968 (New York City, NY)
Broadcast Date-
Duration50 minutes (or hh:mm:ss)
YouTube Video
You need Flash player 8+ and Javascript enabled to view this video.
SummaryPerhaps the economy had not yet truly reached the point of crisis, but it was beginning to feel the strain of President Johnson's attempts to keep the guns and butter coming at ever faster rates. This splendid economics lesson from one of the country's leading teachers begins with a little historical biography (MF: "Keynes, himself, was very much of a scientist. I think he was wrong on various things, but he certainly had a scientific approach. And indeed, I've always regarded it as a great tragedy that Keynes died when he did. Because one of his great capacities was flexibility"), and then goes on to the importance of monetary policy, how we might better handle taxation and welfare, and much else.
Subject Heading(s)United States--Economic conditions--1961-1971.
Related Document(s)Type(s): Transcript
Type(s): Transcript
Type(s): Research materials
Related Collection(s)Milton Friedman papers, Hoover Institution Archives
Hoover-Rochester Conference on the All-Volunteer Force proceedings, Hoover Archives
Purchase show Click here to purchase the DVD from Amazon.com
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Transcript Download transcript (80040_083_trans.pdf)

 

 

 

 

 

 



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