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Economic History Commons

Open Access. Powered by Scholars. Published by Universities.®

2016

James Madison University

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Full-Text Articles in Economic History

Holly Martins And The Impartial Spectator: The Economics Of The Third Man, Alexander W. Pickens Mar 2016

Holly Martins And The Impartial Spectator: The Economics Of The Third Man, Alexander W. Pickens

MAD-RUSH Undergraduate Research Conference

The film The Third Man is often critiqued for its portrayal of post-war Vienna and the abusive nature of totalitarian regimes in a nearly-anarchic state. However, this film does something that few other films do: it tackles the primary dilemmas facing economists using a visual medium and featuring some of the debates that have been plaguing economic thinkers for years (what is a just allocation of resources, competition in free markets, what happens when corrupt governments control resource allocation). Ultimately, the film is a unique analysis tension between the costs and benefits of the philosophies of Keynes and F. A ...