Unformatted text preview: The Battle of Ideas Commanding Heights
I. The Battle of Ideas II. The Agony of Reform III. The New World Order • Some questions to ponder while you are watching the video
ØWhat are the main ideas ØWhy are these ideas important? ØWhat was the influence of the Great Depression and the two World Wars on the battle of ideas? ØWhat are the costs and benefits of wage and price controls?
1 2 The Battle of Ideas (cnt.) cnt.) The Agony of Reform
• Some questions to ponder while you are watching the video
Ø Describe India’ s development strategy before and after India’ 1991. What is the Permit Raj? Ø What is the dependency theory of economic development that was popular in Latin America? Ø What are the ideas of the Chicago School of economics?
ü How were they implemented in Chile? ü What were the costs and benefits of the Chilean free market revolution? ØWhat are some examples of abolishing price controls?
ü What were the consequences of abolishing these price controls ØWho were some of the idea politicians on both sides of the debate? ØWhat policies were they promoting? 3 4 The Agony of Reform
ØWhat is Perestroika? (cnt.) cnt.) The Agony of Reform (concl.) concl.) üHow were the free market reforms implemented in the Soviet Union? üWhere they successful? üWhat were their costs and benefits ØWhat was the difference between the Chinese and the Polish experience in adopting market reforms?
üDid the Chinese reform approach work in the Soviet Union? ØHow did the market revolution occur in Poland?
üWas it successful? üWhat were its costs and benefits? ØGive some examples of the social costs of inflation ØHow high was inflation in Bolivia? Why did they have inflation? How was it stopped?
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1 Where to Find It
• If you miss a segment or want to review the material, you can find it on the PBS website.
ØYou can watch the video ØYou can read the transcript ØYou can purchase the video if you wish THE END • The URL is: http://www.pbs.org/wgbh/commandingheight http://www.pbs.org/wgbh/commandingheight s/lo/story/index.html
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This note was uploaded on 03/02/2010 for the course BUAD 350 taught by Professor Safarzadeh during the Spring '07 term at USC.
- Spring '07