The guests this episode are Clarence B. Randall, chairman of the Council on Foreign Economic Policy of the United States; and August Heckscher, director, the Twentieth Century Fund. Randal and Heckscher join Louis Lyons for an examination of the strengths of Free Enterprise and some of its weaknesses. They discuss the difficulty of transplanting the American concept of free enterprise to other countries, and the problems of competing with Russia for trade with those countries. They agree that the government has a responsibility to see that the economic system as a whole maintains a certain level of prosperity and avoids depressions. (Description adapted from documents in the NET Microfiche) This series is based on a conference held at Kenyon College, Gambler, Ohio, last April; the full title of the conference was The Essentials of Freedom: The Idea and Practice of Ordered Liberty in the Twentieth Century. The college described the conference thusly: The intention behind the conference was to help people to remember the underlying essentials of the free life; this intention could be achieved only by penetrating beyond the surface and the catchwords of our daily life to the spiritual principles and historical ideas which made Western, Christian civilization free as no previous or parallel culture has been free. The conference was thus not concerned with the eccentric but the central, not with the abnormal but the normal, not with the chaotic but with the organized and purposive concept of freedom. Each of the six half-hour episodes in the Essentials of Freedom features different guests. They are interviewed by Louis M. Lyons, director of news for WGBH-TV, Boston, and Curator of Harvard Universitys Nieman Foundation. The series was produced by WOSU-TV, Columbus, in cooperation with the Ohio State University department of photography. (Description adapted from documents in the NET Microfiche)
