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Description
This film tells three narratives: the story of Joseph Schumpeter's life, the development of his ideas, and how the digital revolution illustrates these ideas. Schumpeter was a colorful character who defied social conventions. He was also a radical thinker, and only now are his ideas getting the recognition they deserve. A central idea in his theoy is "creative destruction"--Innovation drives economic growth--and the key actors are entrepreneurs. Successful...
Description
In 2017, President Donald Trump (R, 2017-21) signed the Tax Cuts and Jobs Act, a bill passed by a Republican-dominated Congress that included massive tax cuts for the next eight years. Since then, the federal debt has risen from about {20}20 trillion to about {20}34 trillion. When these tax cuts expire in 2025, the president-whoever it is-and Congress will face a critical decision about whether to extend these tax cuts or let them lapse. For the past...
Description
Hardly a day goes by when we do not hear or read about 'consumer spending down', 'Australian dollar rising,' or 'business sentiment at a five-year low.' But what do these terms actually mean? And what does it have to do with our everyday lives? This excellent program explores the nature and purpose of macroeconomic activity in contemporary Australia, the implications for our standard of living and our long-term economic prosperity. It will assist...
Description
The American Dream-the idea that anyone, regardless of where they were born or what class they were born into, can achieve success in the United States through hard work and determination-is under scrutiny. Compared to the decades after World War II (1939-45), when millions of Americans could create a stable and comfortable lifestyle, the prospect of homeownership and long-term employment, some economists and policy makers argue, seems further out...
Description
Since America's economic meltdown, has anything materially changed on Wall Street? Have future financial crises been averted? In this edition of the Journal, Bill Moyers is joined by former International Monetary Fund chief economist Simon Johnson and Congresswoman Marcy Kaptur (D-OH) for a report card on the bailouts, for an update on the state of the U.S. economy, and to find out whether efforts at reform have been derailed. An in-depth tribute...
Description
Norway's vast wealth comes from decades of gas and oil production, yet its citizens are turning their backs on fossil fuels and embracing electric cars like nowhere else. In fact, the Norwegian government is planning to end sales of gasoline and diesel vehicles by 2025. Special correspondent Malcolm Brabant reports on the Scandinavian country’s investment in a greener future.
9) Wildcatters
Description
This documentary looks at wildcatters, or Texas oil prospectors, who used unscientific methods to guess where oil fields might be. Pattillo Higgins discovered the Spindletop Hill field near Beaumont. Columbus Marion Joiner located the legendary East Texas Oil Field--also known as the Black Giant. These men risked financial ruin to chase their dreams and were ultimately responsible for petroleum-fueled economic booms during the 20th century.
11) System Error
Description
Shot in the US, Brazil, China, Germany, and the UK, System Error explores the notion of endless growth in conversations with advocates such as a Brazilian soybean magnate, an algorithmic trader, finance journalists, and multinational executives.
Description
CEOs of the four biggest banks, includingLloyd Blankfein, testify at President Obama's Crisis Inquire Commission. This video highlights portions of the testimony andconsiders how Goldman Sachs became the most profitable firm in Wall Street history after receiving a government bailout. Experts featured in the film include Nomi Prins and David Stockman.
Description
With about 10,000 baby boomers retiring every single day, home care is one of the fastest growing, most needed occupations in America. But there's a problem: The current median pay is just $10.49 per hour. Economics correspondent Paul Solman reports on why these vital workers get paid so little.
Description
Usually as a country's GDP goes up, that nation's well-being tends to rise as well. But for the last 35 years, as GDP has grown in the United States, Americans' average happiness hasn't increased. Economics correspondent Paul Solman talks to researchers about how they study the connection between money and happiness.
Description
Income inequality has been rising across the world for the past decade. While many decry the expanding gap between rich and poor, others consider income inequality a misleading way to measure a society's health and wealth. This Bloomberg QuickTake explores the benefits and drawbacks of income inequality as a metric and a goal.
19) Timber!
Description
Ranging across the continent during the 19th and 20th centuries, they contributed to building the nation's infrastructure. Pioneering lumberjacks led the way for the timber industry as businessmen saw that fortunes could be made. This documentary provides a timeline of the timber and logging industry, from the arrival of European settlers to the invention of plywood in the 1950s. It looks at how lumberjack culture developed and focuses on Frederick...
Description
This film was made during the early part of 2009 when the world faced a credit crunch and economic times not seen since the Great Depression of the 1930s. Narrator-led and featuring many street interview grabs, together with comments from an economist and building society representative, it takes the viewer into the middle of the crisis as it was still unfolding - covering the global recession, causes and consequences of the credit crunch, the government...
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