watch-the-commanding-heights-episode-1-on-youtube-and-answer-the-questions

1. Watch “The Commanding Heights” Episode 1 on youtube:

https://www.youtube.com/watch?v=DoWbm8zUG6Y&list=PLOr8q_slscQNLXPfvACwjADhh_uWJczxs

2. And then answer the attached essay questions:

Europe 1931

1. What was the significance of Keynesâ€™ invention of the concepts of Macroeconomics: Inflation and unemployment?

Berlin 1947

1. What was the marketâ€™s response to price controls?

Chicago 1950

1. Briefly summarize the Chicago School of Economics beliefs about the forces of the market.

London 1973

1. What was the main idea of â€œThe Road to Serfdom?â€

Chicago 1974

1. What are the effects of regulation on an industry?

USA 1979

1. Briefly explain the four pillars of Reaganomics.

2. What are â€œThe Commanding Heights?â€

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