URL: https://digitalcollections.hoover.org/objects/6017 Collection Structure Firing Line broadcast records > Episode guide > The Economic Crisis Item Title The Economic Crisis Collection Title Firing Line broadcast records Host Buckley, William F., Jr. (1925-2008) Guest Friedman, Milton (1912-2006) Date Created January 08, 1968 Description Perhaps the economy had not yet truly reached the point of crisis, but it was beginning to feel the strain of President Johnson's attempts to keep the guns and butter coming at ever faster rates. This splendid economics lesson from one of the country's leading teachers begins with a little historical biography (MF: "Keynes, himself, was very much of a scientist. I think he was wrong on various things, but he certainly had a scientific approach. And indeed, I've always regarded it as a great tragedy that Keynes died when he did. Because one of his great capacities was flexibility"), and then goes on to the importance of monetary policy, how we might better handle taxation and welfare, and much else. Subject(s) Economic conditions United States Language(s) English Country of Origin United States Place Recorded New York City, New York, United States Dimensions Duration: 50 minutes Format Moving Image Medium television programs Aspect Ratio 4:3 Aspect Ratio 4:3 Color color Color color Soundtrack sound Soundtrack sound Hoover ID Program 083 Record Number 80040.83 Notes Video available through Amazon. Collection Guide https://oac.cdlib.org/findaid/ark:/13030/kt6m3nc88c Rights Copyright 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.