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Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) (recovered)
50 chapters
Chapters
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:54 Diving into the pivotal question of what truly held the post-WWII global order together, listeners will explore whether the foundation was built on shared democratic values or simply the raw dominance of American power.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:23 Exploring the pivotal questions surrounding 1973 as a potential economic turning point, this chapter examines how the post-WWII nuclear deterrence framework reshaped global power dynamics and sets the stage for understanding the deeper forces that may have fractured the economic order.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:49 Exploring the critical questions surrounding the 1973 economic regime break, listeners will uncover how energy dependencies, strategic miscalculations, and geopolitical entanglements reshaped the foundations of Western economic policy and national security thinking.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:31 Exploring how demographic diversity shapes social trust and community cohesion, this chapter examines the historical patterns and tensions that emerge when neighborhoods change, asking the fundamental question of what holds societies together.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:17 Diving into one of economics' central paradoxes, this chapter examines how a growing economy can simultaneously lift people out of poverty while widening inequality, and why technological advancement tends to reward skilled workers while leaving lower-wage jobs increasingly vulnerable.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:49 Exploring the critical warning signs that signal a breaking point in economic and social stability, this chapter examines the key questions analysts must ask when trust in institutions collapses and traditional frameworks begin to unravel.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:51 Exploring the critical economic crossroads facing aging societies, this chapter examines whether nations can build sufficient wealth before demographic decline erodes their workforce and productive capacity.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 5:08 Examining the pivotal economic transformations of 1973, this chapter challenges listeners to consider whether technological disruption destroys opportunity or simply redirects it, drawing on historical patterns to frame the key questions surrounding that watershed moment in economic history.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:38 Exploring why Greenland sits at the center of modern geopolitical tension, this chapter reveals how rare earth minerals, Arctic shipping routes, and competing superpowers make this icy territory one of the most strategically valuable places on Earth.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:46 Diving into the critical questions that define economic turning points, this chapter examines how the 2008 financial crisis exposed deep structural weaknesses in productivity, investment, and innovation that left some nations stagnant while others surged ahead.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:59 Exploring the critical leadership qualities that define effective decision-making during economic crises, this chapter examines how key figures navigated the turbulent shifts of 1973 and what their responses reveal about managing systemic financial upheaval.
Key Questions to Answer Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:39 Exploring the recurring patterns that signal the collapse of empires and economic systems, this chapter examines how elite disconnection, corruption, and infrastructure decay serve as timeless warning signs that listeners can use to better understand modern economic turning points.
When the Golden Age Goes Dark Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:24 Explore the shocking economic turbulence of the 1970s, when simultaneous inflation and unemployment shattered the assumptions of post-war prosperity and left economists scrambling for answers. Listeners will discover why this decade marked a fundamental break from the golden age of growth that had defined the previous generation.
When the Phillips Curve Broke Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:24 Explore the dramatic unraveling of a foundational economic theory as the stagflation crisis of the 1970s shattered the long-held belief that inflation and unemployment couldn't rise simultaneously, forcing economists to rethink everything they thought they knew.
When the Gold Rules Changed Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:17 A deep dive into the seismic economic shifts of the early 1970s, when Nixon's wage freezes and the end of gold convertibility rewrote the rules of the global financial system — traced through the primary sources that captured it all.
Two Stories Tell the Tale Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:24 Dive into the economic turbulence of the 1970s, when stagflation shattered conventional wisdom and left economists scrambling for answers. Two competing narratives emerge to explain what really drove the crisis — genuine policy missteps or something far more self-serving.
A) The Triffin dilemma (the structural contradiction) Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 2:22 Explore the Triffin Dilemma, the built-in contradiction at the heart of the Bretton Woods system, where the US dollar's role as the world's reserve currency forced an impossible choice between supplying global liquidity and maintaining sound monetary policy.
B) Why “just buy more gold” doesn’t solve it Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:55 A common misconception gets debunked as listeners discover why simply purchasing more gold couldn't rescue a fixed-price system under pressure, and why defending a currency peg actually required selling gold — a strategy that became increasingly unsustainable as reserves dwindled.
C) Why “just lend dollars” doesn’t fix it Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:09 Diving into the structural flaws exposed by the 1973 monetary shift, this chapter explains why simply lending more dollars fails as a solution when the underlying mechanics of currency flows and gold convertibility are fundamentally broken.
A) Define “rent” correctly Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:00 Cutting through common misconceptions, this lesson defines economic rent as the surplus earned above and beyond normal costs, profits, and compensation — the "extra" that businesses capture beyond what's strictly necessary to keep them operating.
B) Define “government take” correctly Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:14 A deep dive into what "government take" really means in the oil industry, unpacking the full bundle of fiscal mechanisms — from royalties to taxes — that determine how resource wealth is shared between the state and private companies.
C) Why royalties can look “near zero” on gross revenue Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 2:39 Diving into the mechanics of oil sands royalty structures, this chapter unpacks why headline royalty rates on gross revenue can appear shockingly low — and how the pre-payout phase creates a misleading picture of what producers actually owe.
D) The politics Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:24 Diving into the political tensions that erupted alongside the 1973 economic shift, this track unpacks the fierce power struggle between provincial and federal governments over who controls resources, revenue, and the rules of a changing system.
How to use this curriculum Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:38 A guide to navigating the four-part module structure of this curriculum, showing listeners how to work with must-learn facts, institutional realities, and key arguments to master the economic turning point of 1973.
Learning Outcomes (Mastery Targets) Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 5:03 Tracing the collapse of Bretton Woods from Nixon's 1971 gold window closure through the monetary turbulence of 1973, this chapter equips listeners to analyze how the transition to floating currencies set the stage for the economic regime break that reshaped global markets.
Must-learn facts Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:53 Dive into the foundational mechanics of the post-WWII Bretton Woods monetary system, uncovering how fixed exchange rates, capital controls, and the IMF shaped the global economic order before its dramatic collapse in 1973.
Must-learn arguments Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:02 Exploring the key arguments and frameworks you need to master around 1973 as a turning point in economic history, this chapter breaks down the foundational pillars of the postwar economic order and why their unraveling matters for understanding modern capitalism.
Common confusions to avoid Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:24 Clearing up two persistent myths about the pre-1973 economic era, this track helps listeners sharpen their understanding of what actually shifted during this pivotal regime break and why common misconceptions can distort the bigger picture.
Mastery check Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:59 A musical recap of the Bretton Woods monetary system and its role in shaping global economic stability, helping listeners solidify their understanding of fixed exchange rates and the dollar's rise to international dominance.
Must-learn facts Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:22 Uncover the truth behind one of history's most misunderstood economic turning points, as the real origins of 1970s inflation are traced back further than the famous oil shock — revealing the hidden pressures already building before 1973.
Must-learn arguments Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:15 Dive into the pivotal economic shift of 1973, exploring how rising prices and wage pressures created a self-reinforcing inflationary cycle that fundamentally broke the post-war economic order. Listeners will gain the core arguments needed to understand why this year marks a critical regime change in US, Canadian, and global economic history.
Common confusions to avoid Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:42 A deep dive into the misconceptions surrounding 1973's economic upheaval, revealing why blaming oil prices alone misses the larger structural forces that were simultaneously reshaping the entire global economic order.
Mastery check Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:25 A punchy recap of the economic tensions of the 1960s, exploring how Lyndon Johnson's simultaneous pursuit of Great Society programs and Vietnam War spending set the stage for the monetary pressures that would ultimately break the post-war economic order.
Must-learn arguments Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 2:47 Diving into the foundational arguments every student of economic history must know, this chapter unpacks the Triffin Dilemma and how the structural contradictions of the Bretton Woods system made the 1973 collapse inevitable.
Common confusions to avoid Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:42 Clearing up one of the most persistent misconceptions about 1973's monetary shift, this track explains why Nixon closing the gold window was a credibility crisis rather than a bankruptcy — helping listeners understand the crucial difference between a nation running out of money and a nation breaking a promise.
Must-learn facts Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 5:51 A deep dive into the pivotal economic facts surrounding 1973 as a regime break, starting with Nixon's 1971 closure of the gold window and the collapse of Bretton Woods, revealing how the shift away from gold-backed currency permanently reshaped the global financial system.
Mastery check Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:54 A rhythmic recap of the pivotal 1973 economic turning point, reinforcing how the mismatch between rising dollar claims and limited gold reserves made the fixed conversion system unsustainable.
Module 3A — Bretton Woods “Option Space” (What Could the US Have Tried Instead?) Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:06 A deep dive into the critical fork-in-the-road moment of 1971, exploring the real policy alternatives the US could have pursued to save the Bretton Woods system before Nixon's fateful decision. Listeners will gain a clearer understanding of why seemingly straightforward fixes like printing less money or accumulating more gold were far more complicated in practice than they appeared on paper.
Must-learn facts Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:05 A deep dive into the pivotal year of 1973, exploring how the oil embargo and Middle East tensions triggered a fundamental shift in the global economic order and revealed the immense power of energy as a geopolitical weapon.
Must-learn arguments Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:31 Diving into the pivotal economic turning point of 1973, this chapter breaks down how the oil embargo triggered a supply shock that reshaped global pricing and exposed the fragility of energy-dependent economies — essential arguments for understanding modern economic regime shifts.
Common confusions to avoid Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:43 Cutting through oversimplified narratives about 1973, this chapter untangles the most persistent misconceptions listeners encounter, revealing the deeper structural and psychological forces that actually drove the economic transformation beyond the surface-level "oil shortage" explanation.
Mastery check Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:09 A dynamic recap of the pivotal economic shifts triggered by the 1973 oil crisis, helping listeners solidify their understanding of how OPEC's actions reshaped energy prices and everyday financial life.
Must-learn facts Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:52 A deep dive into 1973 as a pivotal turning point in economic history, exploring how the oil crisis, inflation, and shifting expectations combined to permanently alter the rules of the global economy.
Must-learn arguments Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:47 Diving into one of economics' most misunderstood distinctions, this chapter unpacks why the 1973 oil shock was a price-level event rather than true inflation, and why mastering that difference is essential to understanding how economic regimes can fundamentally shift.
Common confusions to avoid Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 5:04 Clearing up the most persistent misconceptions about inflation, monetary policy, and economic expectations, this chapter helps listeners distinguish between oversimplified myths and how real-world economic forces actually behaved around the 1973 regime break.
Mastery check Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:17 A punchy review of the pivotal economic shifts of 1973, this mastery check challenges listeners to explain why inflation persisted long after the initial oil shock faded — testing whether they truly understand the lasting mechanisms behind that historic regime break.
Must-learn facts Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:26 Dive into the pivotal economic turning point of 1973, when soaring oil prices and slowing growth signaled the end of the post-war golden era for advanced economies worldwide — and why this regime break still matters today.
Must-learn arguments Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:54 Exploring the pivotal economic shift of 1973, this chapter breaks down the chain reaction triggered by rising interest rates — from falling investment and housing markets to the squeeze on real income and consumption that reshaped the modern economic regime.
Mastery check Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 4:38 A gripping mastery check that tests your understanding of how 1973 shattered conventional economic wisdom, from the OPEC oil embargo to the paradox of stagflation that left policymakers scrambling for answers.
Must-learn facts Course Curriculum: 1973 as the Economic Regime Break (US • Canada • Global) · 3:49 A deep dive into the pivotal economic shifts of 1973, exploring how the oil crisis and rising interest rates reshaped entire industries, with a particular focus on which sectors thrived and which — like autos and housing — were crushed by the new rate-sensitive reality.