Economic Efficiency
Description
In preparation for WWII, the Roosevelt administration instituted wage price and price controls to curb inflation and better focus production on war materials. When the Nixon administration set up price controls for beef, farmers attempted to stifle the supply by withholding animals from the markets. Following WWII, rent controls established to aid returning war veterans cut into landlord profits and consequently led some to abandon properties. These stories examine how the "invisible hand" behind free markets operates, the reasons for interfering with free markets, and the costs of doing so.
Runtime
28 min 8 sec
Series
Subjects
Geography
Database
Films on Demand
Direct Link
Similar Films
Muhammad Yunus Discusses How People Can Transition From Being Beggars To Being Salespeople
Karim Abouelnaga Discusses Importance of Finding Your Purpose
The Monsanto Papers
Don Gulbrandsen Discusses Handling Moments of Fear
Simone Fojgiel Discusses Marketing Channels on the Internet
Mursi, Muslim brotherhood both risk losing power
John Hui States Innovation Is Diffcult
Desert Daughter Cosmetics
Saro Cutri States Being An Entrepreneur Means Responsibility
Jennifer Dulski Discusses Persistence and How Change.org Has Morphed Over Time
Gorman. 'true believer' on U.S. economy
Ann Tenbrunsel Discusses How Companies Handle Mistakes
Daniel Cane Discusses Revenue Is King
Michael Belkin Discusses Lack of Support When You Are An Entrepreneur
Nick Bayer Discusses Balancing Core Team