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COMMANDING  HEIGHTS Jon Fischer  |   R. Scott Livengood  |  Kyle Loosli   |   Jeff Morgan   |   Trent Snarr T H E  B A T T L E  F O R  T H E  W O R L D  E C O N O M Y
THE BATTLE OF IDEAS
THE OLD ORDER FAILS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS The Old Order Fails Communism on the Heights Capitalist Collapse Global Depression Worldwide War THE AGONY OF REFORM NEW RULES OF THE GAME
COMMUNISM  ON   THE  HEIGHTS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS The Old Order Fails Communism on the Heights Capitalist Collapse Global Depression Worldwide War THE AGONY OF REFORM NEW RULES OF THE GAME
CAPITALIST COLLAPSE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS The Old Order Fails Communism on the Heights Capitalist Collapse Global Depression Worldwide War THE AGONY OF REFORM NEW RULES OF THE GAME
GLOBAL DEPRESSION ,[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS The Old Order Fails Communism on the Heights Capitalist Collapse Global Depression Worldwide War THE AGONY OF REFORM NEW RULES OF THE GAME
WORLDWIDE WAR ,[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS The Old Order Fails Communism on the Heights Capitalist Collapse Global Depression Worldwide War THE AGONY OF REFORM NEW RULES OF THE GAME
POST-WAR PLANNING IN EUROPE ,[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS Post-war Planning in Europe  Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
THE ECONOMY IN GERMANY ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS Post-war Planning in Europe  Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
THE ECONOMY IN GERMANY "What have you done? You have changed the Allied price controls." Erhard was asked.  He replied, "Herr General, I haven't changed them; I've abolished them.” The General said, "My advisors tell me it is a big mistake."  Erhard replied, "Herr  General, my advisors tell me  the same thing."  THE BATTLE OF IDEAS Post-war Planning in Europe  Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
PLANNING SWEEPS THE GLOBE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS Post-war Planning in Europe  Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
UNIVERSITY OF CHICAGO ,[object Object],[object Object],[object Object],MILTON FRIEDMAN: “The Chicago School meant a strong belief in minimal government and an emphasis on free market as a way to control the economy.”  THE BATTLE OF IDEAS Post-war Planning in Europe  Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
UNITED STATES – 1970’S ,[object Object],[object Object],[object Object],[object Object],[object Object],RICHARD NIXON, U.S. President, 1969-1974: “The time has come for a new economic policy for the United States. Its targets are unemployment, inflation.”  THE BATTLE OF IDEAS Post-war Planning in Europe  Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
BRITAIN’S MIXED ECONOMY FLOUNDERS ,[object Object],[object Object],[object Object],Joseph began to preach the virtues of free markets. In a series of pamphlets, he went on the intellectual offensive, attacking the mixed economy, making the case for capitalism.  THE BATTLE OF IDEAS Post-war Planning in Europe  Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
MARGARET THATCHER ,[object Object],[object Object],THE BATTLE OF IDEAS Post-war Planning in Europe   Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
“REAGANOMICS” ,[object Object],MILTON FRIEDMAN : There's no doubt in my mind that those actions of Reagan, lowering tax rates, plus his emphasis on deregulating - unleashed the basic constructive forces of the free market, and from 1983 on, it's been almost entirely up.  ,[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS Post-war Planning in Europe   Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
“THE HEIGHTS” GO UP FOR SALE ,[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS Post-war Planning in Europe   Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
WAS THE BATTLE DECIDED? Video
THE AGONY OF REFORM A Look At  Russia, Poland, Chile & Bolivia
LENIN’S REVOLUTION ,[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM Lenin’s Revolution Behind the Iron Façade Russia Poland The Phone Call That Ended the Cold War Poland’s Answer Soviet Free Fall NEW RULES OF THE GAME
BEHIND THE IRON FAÇADE ,[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM Lenin’s Revolution Behind the Iron Façade Russia Poland The Phone Call That Ended the Cold War Poland’s Answer Soviet Free Fall NEW RULES OF THE GAME
RUSSIA ,[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM Lenin’s Revolution Behind the Iron Façade Russia Poland The Phone Call That Ended the Cold War Poland’s Answer Soviet Free Fall NEW RULES OF THE GAME Video
POLAND ,[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM Lenin’s Revolution Behind the Iron Façade Russia Poland The Phone Call That Ended the Cold War Poland’s Answer Soviet Free Fall NEW RULES OF THE GAME
THE PHONE CALL THAT ENDED THE COLD WAR ,[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM Lenin’s Revolution Behind the Iron Façade Russia Poland The Phone Call That Ended the Cold War Poland’s Answer Soviet Free Fall NEW RULES OF THE GAME Video
POLAND’S ANSWER ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM Lenin’s Revolution Behind the Iron Façade Russia Poland The Phone Call That Ended the Cold War Poland’s Answer Soviet Free Fall NEW RULES OF THE GAME
SOVIET FREE FALL ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM Lenin’s Revolution Behind the Iron Façade Russia Poland The Phone Call That Ended the Cold War Poland’s Answer Soviet Free Fall NEW RULES OF THE GAME Video
TROUBLE IN LATIN AMERICA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME
DEPENDENCY THEORY ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME
EXAMPLE: CHILE THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME Video
THE CHICAGO BOYS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Friedman Pinochet THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME
EXAMPLE: BOLIVIA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sachs THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME
EXAMPLE: BOLIVIA THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME Video
REFORM IN LATIN AMERICA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME
DOUBLE-EDGED SWORD OF GLOBALIZATION Video
THE GOOD ,[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game
THE BAD ,[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game
NAFTA ,[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game
TECHNOLOGY SPURS EXPANSION ,[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game
LIQUID MONEY ,[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game Video
AVERTING A DISASTER –  MEXICAN MELTDOWN ,[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game Video
MO MONEY, MO PRAHLEMS THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game
ASIA: READY FOR SUCCESS? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game Video
CONTAGION ILLUSTRATED Thailand Malaysia Indonesia S. Korea Russia LTCM Global Interconnectedness THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game Video
NEW RULES OF THE GAME ,[object Object],[object Object],[object Object],[object Object],THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money,  Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game Video
 
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Commanding heights

  • 1. COMMANDING HEIGHTS Jon Fischer | R. Scott Livengood | Kyle Loosli | Jeff Morgan | Trent Snarr T H E B A T T L E F O R T H E W O R L D E C O N O M Y
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  • 10. THE ECONOMY IN GERMANY "What have you done? You have changed the Allied price controls." Erhard was asked. He replied, "Herr General, I haven't changed them; I've abolished them.” The General said, "My advisors tell me it is a big mistake." Erhard replied, "Herr General, my advisors tell me the same thing." THE BATTLE OF IDEAS Post-war Planning in Europe Planning Sweeps the Globe University of Chicago United States – 1970’s Britain’s Mixed Economy Founders Thatcher/Reagan “ The Heights” up for sale Was The Battle Decided? THE AGONY OF REFORM NEW RULES OF THE GAME
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  • 18. WAS THE BATTLE DECIDED? Video
  • 19. THE AGONY OF REFORM A Look At Russia, Poland, Chile & Bolivia
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  • 29. EXAMPLE: CHILE THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME Video
  • 30.
  • 31.
  • 32. EXAMPLE: BOLIVIA THE BATTLE OF IDEAS THE AGONY OF REFORM … Trouble in Latin America Dependency Theory Example: Chile The Chicago Boys Example: Bolivia Reform in Latin America NEW RULES OF THE GAME Video
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  • 34. DOUBLE-EDGED SWORD OF GLOBALIZATION Video
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  • 41. MO MONEY, MO PRAHLEMS THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money, Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game
  • 42.
  • 43. CONTAGION ILLUSTRATED Thailand Malaysia Indonesia S. Korea Russia LTCM Global Interconnectedness THE BATTLE OF IDEAS THE AGONY OF REFORM NEW RULES OF THE GAME The Good The Bad NAFTA Technology Spurs Expansion Liquid Money Averting a Disaster Mo Money, Mo Prahlems Asia: Ready for Success Contagion Illustrated New Rules of the Game Video
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