Commonwealth Club of California records: Is the New Economics Too Old for 1968?: Every administration since the end of World War II has been guided by the new theory of economics. Essentially, the theory states that aggregate demand is the proximate determinant of a nation‘s overall economic activity and that the government can exercise a powerful influence on aggregate demand through its monetary and fiscal policies. The United States has pursued an expansionist monetary policy over the past few years. Arthur F. Burns believes that the immediate problems facing the U.S. are re-establishing governmental finances on a sound footing and bringing inflation under control.
Firing Line broadcast records: The Economic Crisis: 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, and then goes on to the importance of monetary policy, how we might better handle taxation and welfare, and much else.
Hayek (Friedrich A. von) papers: Meeting of the Institute for Humane Studies, sound recording: In this address to the Institute for Humane Studies, Friedrich August von Hayek reflects on the difficulty in educating intellectuals on the free enterprise system. Intellectuals, Hayek argues, maintain an outmoded moral view that is incompatible with, and ultimately destructive to, a modern market economy.
Institute for Humane Studies miscellaneous records: Weakness of the Free World: David McCord Wright speaks about the strengths and weaknesses of the West and the communists in economic, social, moral, morale, and military matters.
Reflections: What Caused the Great Depression?: Hoover research fellow Jennifer Burns reveals insights from Milton Friedman’s papers into what caused the Great Depression, including how Friedman’s quest to find the answer led him to a remarkable collaboration with economist Anna Schwartz. Their study, "A Monetary History of the United States," became the playbook for policymakers in times of economic crisis.
8:30 am - 4:30 pm
(by reservation)
Exhibitions & Observation Deck
10:00 am - 4:00 pm
We are closed for major holidays, Stanford home football games, and campus winter closure.