Masters of Money
Masters of Money is a three-part BBC documentary series presented by Stephanie Flanders, exploring the lives of John Maynard Keynes, Friedrich Hayek, and Karl Marx, and their influence on modern economics. John Maynard Keynes is known for Keynesian economics and as an early pioneer of macroeconomics. Keynes believed that in a crisis, the government should spend money, even if it had to borrow to do so. Friedrich Hayek is part of the Austrian School of economics. Hayek felt that a recession should be allowed to run its course to correct the financial system. Karl Marx is known for Communism and the theories that are collectively called Marxism. Max argued that capitalism is inherently unfair and therefore doomed to collapse.
| Episode 1 - John Maynard Keynes |
Episode 1 - John Maynard Keynes
Stephanie Flanders looks at the life and work of economist John Maynard Keynes, who believed that in a crisis, the government should spend money, even if it had to borrow to do so.
Episode 2 - Friedrich Hayek
Stephanie Flanders looks at the radical free-market economist Friedrich Hayek, who felt that a recession should be allowed to run its course to correct the financial system.
Episode 3 - Karl Marx
Stephanie Flanders examines at the revolutionary and influential ideas of Karl Marx, who argued that capitalism is inherently unfair and therefore doomed to collapse.
| Related Links |
| John Maynard Keynes - wikipedia John Maynard Keynes (1883-1946) was a British economist whose ideas have fundamentally affected the theory and practice of modern macroeconomics, and informed the economic policies of governments. |
| Friedrich Hayek - wikipedia Friedrich August Hayek (1899-1992) was an Austrian, later British, economist and philosopher best known for his defense of classical liberalism. |
| Karl Marx - wikipedia Karl Heinrich Marx (1818-1883) was a German philosopher, economist, sociologist, historian, journalist, and revolutionary socialist. |
| The Money Masters This is a documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. |
| The Age of Uncertainty This is a 1977 book and television series, written and presented by Harvard economist John Kenneth Galbraith, on the history of economic ideas and their consequences. |
| The Ascent of Money This is a six-part documentary series presented by Niall Ferguson, examining the long history of money, credit, and banking. |