Friday, February 22, 2008

A History of Global Economics

Throughout history people have struggled for quality of life. People naturally seek out comfort and security. Economics is a social science interested in the study of production, distribution, and consumption of goods and services to see how people use their limited resources in an attempt to satisfy their wants.
Governments use the economic data collected by economists to make political decisions that will stimulate the population to increase productivity. The idea is when the population are productive goods are commonly available and people feel prosperous.
PBS have produced a documentary Commanding Heights. Looking at the 20th Century the documentary examines how different governments have tried to create a prosperous nation. The documentary is in three parts leading the audience from the past to the present. The third and final episode specifically looks at Globalisation and how it is effecting the world today.
The Commanding Heights website is full of information, each of the episodes runs for 2 hours. A short preview of the documentary is available.