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Wealth and Poverty
Collection StructureFiring Line broadcast records > Episode guide > Wealth and Poverty
Item Title Wealth and Poverty
Guest Lekachman, Robert
Guest Gilder, George
Host Buckley, William F., Jr. (1925-2008)
Date CreatedJanuary 05, 1981
Description

Messrs. Gilder and Lekachman mostly talk past each other (GG: "Avarice is

ubiquitous. Capitalism occurs in some places. Avarice does not suffice to stimulate capitalism ... Avarice leads to a search for safety and security and comfort..." RL: "There are people who go to Las Vegas and play blackjack ... there are people who buy stock or, if they are corporate officers, commit their corporations to investments of various kinds, and they're gambling too with calculations of odds"), but WFB steps in with useful clarification, e.g., "If I determine to build a cheaper mousetrap in order to line my pocket, but in the course of creating a cheaper mousetrap I make it possible for you to purchase one, I have committed an objectively altruistic act for selfish motives. Now why do you assume there is an incompatibility between those two concepts?"

Language(s)
Country of Origin
Place RecordedNew York City, New York, United States
DimensionsDuration: 60 minutes
FormatText
Medium television programs
Aspect Ratio
4:3
Color
color
Soundtrack
sound
Hoover IDProgram S0447
Record Number80040.689
NotesVideo not currently available for purchase.
RightsCopyright held by Stanford University. 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 Hoover Institution Library & Archives on behalf of Stanford University.
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