The Commanding Heights – Episode 1, Part 2
Name:________________
1.
Why did Labour win the 1946 election? What did they promise to do if they won?
2.
What were the ‘commanding heights’? What did Labour do with them?
3.
What nations joined (willingly or not) the communist sphere in the late 1940s?
4.
What views did von Hayek and Friedman share?
5.
What did the civilian administrator of ruined post-war Germany do to eliminate shortages
of food and other essentials? How were the results different than expected?
6.
What model was India adopting to aid its economic development as an independent
country? What was the Mahalanobis Equation?
7.
Why did the economists at the University of Chicago feel like complete outsiders in the
1950s and 1960s? Why were Keynesian economic ideas dominant?
8.
What happened in the 1970s to throw Keynesian ideas into question?
9.
What were the results of wage and price controls in the US? In Britain?
10.
What was the message preached by Keith Joseph in the 1970s? How was his message
received?