This lesson in this assignment is called The Battle of Ideas. It is called that because it
Question:
This lesson in this assignment is called "The Battle of Ideas." It is called that because it is taken from an episode from the PBS documentary "The Commanding Heights." You will need to read the first 12 chapters of this episode and and watch the video. Separate urls! The Chapters are very short. The transcript isidenticalto the video. Also, you will be referring to and using this information for your essay in the discussion board to follow. Remember there is only one Chapter from the textbook in Lesson 5.
Go to the following website:http://www.pbs.org/wgbh/commandingheights/lo/story/index.htmlLinks to an external site.
When you get there, you will click on the 'see the chapter menu" for each chapterand"see the transcript menu"to read the transcript.
You can use this website for thevideo only: https://www.youtube.com/watch?v=gfRTpoYpHfwLinks to an external site.
Watch up to the 1:12:12 mark.
Background Context:
This episode traces the development of our modern economic thinking. It demonstrates how the pendulum is continuously swinging between the two sides in winning the battle of ideas for control of the economy. Should our "mixed economy" favor free markets or government intervention. Reflect on where you think we are and where you think we are going. It is very fitting for today's economic and political environment.
Question To Answer:
List who you think were the top 5 players (whose ideas were most influential) through Chapter 12.For each, provide a well-written paragraph (not just a sentence or two) describing their contributions to the development of our economic thought.