This feature documentary reveals how Bank of Montreal chairman William Mulholland dealt with his debt-laden customers Dome Petroleum and Mexico during the global debt crisis of '82. Interviews with bankers and financial experts demystify the causes of debt crisis, confirm the fragility of the international banking system and outline the problems to be solved if the system is to survive.
This documentary focuses on boom-and-bust economic cycles, most notably that of Alberta oil during the '70s and early '80s. When the bust hit after a drop in world oil prices, those business people who knew how to "ride a tornado" cut their losses and moved on, while others were left devastated. When Newfoundland was faced with a possible oil boom of its own in the mid-'80s, it took the lessons of Alberta to heart. Part 3 of the series, Reckoning: The Political Economy of Canada.
This feature documentary is an inquiry into Canada's economic troubles of the 1970 and '80s. The film summarizes the facts at hand, including some pre-NAFTA speculation about economic dependency on the United States. At roughly thirty percent, the Canada of a few decades ago was more foreign-owned than any other country in the world. Still, however, a great and stubborn national pride in our cultural and social idiosyncrasies persists, resulting in the confidence to look elsewhere besides the United States for economic alliances and models. This episode is the fifth and last part of the series Reckoning: The Political Economy of Canada.
This documentary from 1987 looks at the serious malaise that plagued the US manufacturing sector at the time. No longer competitive in the world market, and forced to buy more than it could sell, the US nevertheless continued to bask in the glow of past glory rather than face its immediate predicament. Meanwhile, Japan and other Pacific Rim countries were gaining economic ground, perhaps permanently. This film was part one of the series, Reckoning: The Political Economy of Canada.
Alexis Conran investigates whether loyalty cards save consumers money when shopping, looking into the possibility that supermarkets could be inflating prices only to discount them. Alexis discovers how supermarkets offer a reduced price in return for an exchange of data from shoppers, speaking to those responsible for handling the data and making profits from it.
Three "lost" decades of economic stagnation since the collapse of Japan's bubble era have fundamentally altered the country's global image, and spawned the term "Cheap Japan." What will it take to truly revive Japan's economy once again? In a rapidly changing world, the question of how the globe's third largest economy can avoid being left behind is perhaps more pertinent than ever. Drawing on both expert guidance and in-depth analysis of a wide range of available data, we hunt for clues that might point the way to Japan's ever-elusive economic renaissance.
Pulitzer Prize-winning journalists Nicholas Kristof and Sheryl WuDunn explore the causes and costs of addiction, poverty and incarceration plaguing America, from the inner city to small towns like Kristof's hometown of Yamhill, Oregon. While pockets of empathy and aid exist, are they enough to rescue the thousands of Americans in despair, for whom the American Dream of self-reliance is impossibly out of reach?
RUIN is a feature documentary about Sam Bankman-Fried and the stunning collapse of his cryptocurrency exchange, FTX, as narrated by Bloomberg journalists and some of the central players in the rise of digital assets.
An overview of the lobster fishing industry in Nova Scotia.
As the documentary “Tax Me If You Can” explored, the tax shelter became one of corporate America’s biggest hidden profit centers in the 1990s and early 2000s. The General Accounting Office estimated that bogus tax shelters at the time cost the government more than $85 billion. Correspondent Hedrick Smith spoke with government officials, tax experts and industry insiders to expose these tax shelters. His reporting led him to some unexpected places — from the city of Dortmund, Germany, to the Cayman Islands. The documentary examined how difficult it was for the Internal Revenue Service to find tax shelters and how the tax shelter wave prompted a federal investigation. The ultimate victim in this scheme, experts in the documentary said, is the honest taxpayer who is left to make up what companies aren’t paying.
An educational one-reeler for elementary aged children demonstrating the concept of American free-enterprise. The film utilizes wooden toys designed and animated by Goldman, all set to a music box-ish xylophone score by Jam Handy musical director Samuel Benavie and narration by notable commentator Lowell Thomas.
In June 1893, European prospectors unlawfully took claim to ‘The Golden Mile’ on Aboriginal land. In little over a hundred years the natural landscape has been transformed into the industrial hellscape of Kalgoorlie-Boulder. As incumbent Mayor John Bowler starts to campaign for a second term, independent prospector John ‘General Hercules’ Katahanas decides to run against him on an anti-corruption ticket. What starts out as a quirky David-vs-Goliath political battle, unravels into a portrait of a man, a town and a country sent mad by the timeless cycles of exploitation, racism and greed.
Once heralded as the spirit of American manufacturing, music, and democracy, Detroit kicked its fiscal can down the road for decades plummeting into insolvency, culminating in the largest municipal bankruptcy in U.S. history. GRADUALLY, THEN SUDDENLY is the inside story of how a state-appointed Emergency Manager and the people of this iconic American city- confronting financial ruin-followed a treacherous path towards a new beginning.
A documentary on the rise and fall of Project Cybersyn, an attempt at a computer-managed centralized economy undertaken in Chile during the presidency of Salvador Allende.
The Real Adam Smith: A Personal Exploration by Johan Norberg, takes an intriguing, two-part look at Smith and the evolution and relevance of his ideas today, both economic and ethical. It’s difficult to imagine that a man who lived with horse drawn carriages and sailing ships would foresee our massive 21st century global market exchange, much less the relationship between markets and morality. But Adam Smith was no ordinary 18th century figure. Considered the “father of modern economics,” Smith was first and foremost a moral philosopher. The revolutionary ideas he penned in The Wealth of Nations and The Theory of Moral Sentiments, changed the world. Norberg explores Smith’s insights regarding free trade and the nature of wealth to the present, where they are thriving and driving the world’s economy.
No man is an island, but Charley represents his nation in this economical cartoon tale of Britain’s economics.
Life is about choice. What we eat, what we read, who we elect; every day we make choices that determine how we want to live.
But what if these choices are just an illusion?
In an era where regulations and red tape rule every industry, where lobby groups and big businesses wield more influence than ever before, our daily choices have become increasingly limited. And with all our options so deliberately handpicked, are we really making a choice at all?
Freedom From Choice examines the current state of life and personal choice today. Experts from many different fields offer a frank and startling look at the hidden limitations in our daily lives. Focusing on key areas such as food, medicine, finance, and media, Freedom From Choice provides viewers with a glimpse at the myriad of ways their lives are being dictated and tells us who stands to gain.
This course, with Northeastern Illinois University Professor Emeritus of Economics Edward F. Stuart, covers the history of economic systems and how they work, using real-world examples.