HIST 213 Study Guide - Final Guide: Thomas Robert Malthus, Katyn Massacre, Second Industrial Revolution
Document Summary
The u. n. monetary and financial conference, usually called bretton woods, put together an international system. They set the international bank for reconstruction and development. A treatise on money + lower interest rate. Liberty is freedom from the government > jeffersonian. The constitution of liberty 1960 liberty increases growth and wealth founders wanted limited government progressives created the welfare state powerful governments threaten freedom. Stag ation : impossible combination of problems umemployment) have in ation when it should be de ation. Margaret thatcher wage and price controls strikes and power outages (pubilc employee) government owned industries ine cient believe in free market cut spending and subsidies je eronsian de-regulation and privatization. Ronald reagan (president 1981-89) economic stagnation public employees on strike red control the money supply de-regulation of major industries. The new left large bureaucracy + planned economy +politically correct + collective property classical liberalism +conservatism : small bureaucracy +individual property + free markets.