Hillsdale College Professor of Economics Ivan Pongracic discusses the different motives that exist in the public decision-making process. He utilizes economic analysis to shed light on governmental choices. Presentation given on June 9, 2015 at the University of Colorado, Boulder.
Professor Steven Horwitz contrasts the US economy during the Gilded Age (1870s to the early twentieth centurya period of industrialization and the growth of wealthwith the Great Depression (1929-39). He traces the role played by innovation and industrialization as well as the role of the federal government and the Federal Reserve System throughout these two contrasting periods.
CONTENT OF THIS VIDEO:
00:00 Initial credits
00:07 The Gilded Age
09:00 The Progressive Era
14:53 The Federal Reserve and the Great Depression
20:16 The high school "story" about the Great Depression
21:18 What caused the Great Depression and why did it last so long?
28:37 The response of President Herbert Hoover to the Great Depression
34:11 Herbert Hoover and Franklin D. Roosevelt: the same?
41:10 The role of the Second World War
44:35 Final credits
ABOUT STEVEN HORWITZ:
Steven Horwitz, PhD is is Charles A. Dana Professor of Economics at St. Lawrence University. A Senior Scholar at the Mercatus Center and Senior Fellow of the Fraser Institute, Dr. Horwitz completed his Ph.D. in economics at George Mason University
Sr. Fellow Lawrence McQuillan, author of California Dreaming appears on KLZ radio in Denver, CO. Lawrence talks about the public-pension crisis and how states and cities can change their pension contributions to avoid bankruptcy while honoring commitments to employees.
Sr. Fellow Ivan Eland appears on America Tonight with Kate Delaney to talk about government spending out of control. Eland compares the US money supply and spending under George W. Bush and Barack Obama to eating candy and getting a "sugar high" instead of a good balanced diet. British Prime Minister David Cameron has followed the examples of US Presidents Harding, Coolidge, Eisenhower and Clinton and embraced austerity to bring about long term prosperity.
Senior Vice President Mary Theroux is interviewed on radio station KOGO in San Diego to talk about the latest on California's Maximum Family Grant rule for families on welfare. She discusses the underlying reasons why children are born into poverty and the difficulty of breaking the cycle of poverty.
Drawing on C.S. Lewiss varied writingsfiction for both adults and children, non-fiction essays and scholarly treatises, poetry, and extensive correspondence with people from all walks of lifeIndependent Institute President David Theroux presents Lewiss highly developed, Judeo-Christian philosophical insights into our relationship with power and human aspirations.
From his declining an offer of knighthood to his keen essays such as The Humanitarian Theory of Punishment, C.S. Lewiss timeless thinking provides rich insights into how to apply natural-law principles to our world and the challenges we all face today.
Senior Fellow Ivan Eland, author of Partitioning for Peace, appeared on "Doug Stephan's Good Day" radio program. Eland talks about the state of terrorism in the Iraq and whether the US creates more of a problem with its intervention. He also discusses the question of how ISIS is different than other terror groups.