FIRST, watch Episode 1: The Prophets and the Promise, after watch it then write the classical ecomists from the video 1. who, 2. when, 3. what each one thought? (main idea of each classic) 4. classic

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****** concerns ***** the ******** and ********* ** Friedman's theories *** ************* ********** economic ******** undertaken during that ****** ** * ********* ********** ** Keynesian ************* ********* explained *** mass ****** **** **** place ****** *** ***** ***** of ********* ****** ** * racial basis as **** ** *** ********** *** ****** ********* ****** **** ** * ****** ** *** communist **** ***** * **** to Russia ** ***** in *** Short **** ** Russia **** there is ************ ** *** ******* *** Jewish natures **** ** *** they *** ****** together" ** also wrote **** **** of *** ******* *** ********* ** *** Old ****** ******* could **** ****** *** beneath *** ******* and ********* ** *** New ****** a ***** ** *** ***** may *** **** which ******** **** ***** comments *** ** construed ** ************ *** *********** ****** *** **** ************* as ***** *********** ** **** ******** ***** mild ************** ** had ****** ********* * ********** for ********* over deflation saying that ** one *** ** ****** ******* the *** ***** ** ** ******* ** disappoint *** ******** **** ** ******* pain on ******* ***** families] He also ********* *** German hyperinflation ** * *** ** get **** from *********** *********** ******* ****** *** also ***** ** *** ******* ** inflation ** *** ******** Consequences of *** ***** ** wrote: ******** ** **** to **** ******** that *** **** *** ** ******* *** ********** ****** *** to ******* the currency ** a continuing ******* of inflation governments *** ********** ******** *** ********** an ********* **** ** *** wealth ** ***** ******** ***** ** no ******* ** ***** ***** of *********** the existing basis of ******* **** ** debauch *** ******** *** ******* ******* *** the ****** ****** of ******** *** on *** **** ** destruction and **** ** ** a ****** which *** *** *** in a million ** **** ** *********** Lawrence ****** ***** ********** ** **** *** ******* ** ************* Robert ***** *** ** ******** economist *** *** **** in ******** computer models ** ******** ******** ****** in *** field ** ************ ** *** ********** of ********* at *** ********** ** ************ he was ******* *** Nobel Memorial Prize in ******** Sciences ** **** specifically **** the creation of *********** ****** *** their application ** *** analysis ** ******** ************ *** ******** policies" *** to *** ******* such ****** **** ****** ********** ***** ********** ******* ********** ********* ****** Feldstein **** *** Wall ****** ******* **** ***** **** *** ***** ** create *** *********** ****** that ******** ********* economics" ***** still **** ** *** ******* ******* **** *** ***** ******* ********** **** ***** ** *** ****** ********** *** Research ** ********* ***** *** **** ** the ********** ** ******* *** the ****** Foundation There ** built * ***** ** the ****** ****** ******* to forecast *** *********** ** business fluctuations *** ** ***** *** ******* ** ********** ****************** ****** ***** World *** ** ***** **** his ***** ** ********* ******* against *** ********** *********** **** there would ** ** ******** upturn rather than * ********** *** to ********** ******** ****** **** returning ************* ********* he correctly ********* * **** ********* ** *** *** ** *** ****** WarLater ** *** **** Klein *********** *** Wharton *********** *********** Model **** model ************ smaller than *** Brookings model achieved * **** **** reputation for *** ******** of ******** conditions used ** ******** ************ ********* ******** ******* ******* investments and *********** and ** ***** *** ****** ** **** ** changes ** ******** ****** *********** oil ***** etcIn **** ***** founded ******* Econometric *********** Associates or WEFA **** IHS ****** ******** ********* *** *********** *********** industry in *** ****** States ***** his clients were ******* ******** Company IBM and ********* ***** Corporation He was the ********* ** *** ** ****** research ****** ** ***** **** ******* * ********** ** 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********** ** *** a handle ** the rate of economic ****** ****** *** ******* and **** quarter ** contrast ** ******* ******* ** ***** the economy structurally *** to use constant *********** *** judgmental ********* *** *** ********* ********* these systems *** ************ ********* and mechanical ****** translating ********* *********** **** * statistically best ******** of ******* ********** **** represents * very ********* ********* **** his ******* ***** ******** and ***************** ****** ********** *** ***** *** ***** ** *** ******* ** ***** econometric ***** ******** ************** models **** ******* the economy ** * monthly ********* frame * *********** ** **** frequency ***** containing countries **** ** ** ***** ****** ***** ****** ****** ***** *** **** Kong was ******** in 2008From *** ***** ***** of *** above *** ********** * think ***** ***** **** a ******** *** ********** significant in most ********* today ** be specific ** my ******* **** ***** has **** ******* ** **** of *** ******* ********** ** ******* **** ******** ********* ***** *** *** ** ***** improvement ** *** ******* of *** ******************** ************* ********* ******* *********** ****** ** *** Real World" **** ****** Journal ******* 22 **** **** ******************************************************************************** Harrod * * *** **** of **** ******* ****** Macmillan **** **** ***************