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Lessons We Never Learned from History
2003c87_a_0010199_r01.MP3
Collection StructureCommonwealth Club of California records > Sound recordings of club programs > Lessons We Never Learned from History
Item Title Lessons We Never Learned from History
Speaker Menk, Louis W.
Date CreatedDecember 06, 1974
Description

Menk talks about inflation in the United States. Its chief cause was excess demand created by error in monetary and fiscal policies, unwise agricultural policies, and the successful Arab cartelization of petroleum output. The best way to deal with it is to increase productivity, not to restrict it. Businesses and industries should support and supplement the government's anti-inflation fiscal policies by increasing output and stressing higher productivity. United States coal could be used to supply us with decades of energy, which would greatly reduce our dependence on the Middle East. Most importantly, Menk points out that it is necessary for government and business to work together to solve our current economic problems.

Language(s)
Country of Origin
Place RecordedSan Francisco, California, United States
FormatSound Recording
Medium speeches (documents)
Hoover IDProgram 19741206; 2003c87_a_0010199
Record Number2003C87.675
RightsUsed with permission of the Commonwealth Club of California.This copy is provided for educational and research purposes only. No publication, further reproduction, or reuse of copies, beyond fair use, may be made without the express written permission of the copyright owner.

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