Chapter 15 Monetary Policy: Pre-Class & In-Class Activities Packet

Part 1. Video Questions on "Hayek and the Free Market - Masters of Money" 2. What did Western leaders claimed to embrace for more than a generation? ____________________________________________________________________________________________________________________________ 4. Who emerged from the meltdown with his reputation enhanced? _____________________________________________________________________________________________________________________________ 6. What was Friedrich Hayek's advise to governments in the middle of economic meltdown? _____________________________________________________________________________________________________________________________ 8. What happened in the U.S. in 2007, as Hayek might have predicted? _____________________________________________________________________________________________________________________________ 10. Who won the battle of ideas between Keynes and Hayek after the Great Depression with the advent of the New Deal by FDR? Why? _____________________________________________________________________________________________________________________________ 12. What question(s) do you have after watching the video about "Hayek and the Free Market - Masters of Money" or the Infographics in this Packet. Specify at least one. _____________________________________________________________________________________________________________________________ _____________________________________________________________________________________________________________________________ https://proxylib.msjc.edu:2093/p_ViewVideo.aspx?xtid=51975

Econimocs

Roger A Arnold

Thirteenth Edtion