Watch Masters of Money

Masters of Money is a three-part BBC documentary series that explores the theories and the lives of three of the most important economists in history: Karl Marx, John Maynard Keynes, and Friedrich Hayek. The series is hosted by Stephanie Flanders, a former BBC economics editor, who guides viewers through the revolutionary ideas of these economists and shows how their theories were shaped by their personal lives and the historical context in which they lived.

The first episode, titled "Marx," explores the life and ideas of Karl Marx, the German philosopher, economist, and socialist revolutionary who is best known for his critiques of capitalism and his role in the development of communism. Flanders takes viewers on a journey through Marx's life, from his childhood in Prussia to his exile in London, and explains how his ideas were shaped by his observations of the social and economic inequality of his time. The episode also features interviews with scholars and experts who discuss the relevance of Marx's ideas in the 21st century.

The second episode, "Keynes," focuses on the life and ideas of John Maynard Keynes, the British economist whose theories on government intervention in the economy helped shape the response to the Great Depression and post-WWII economic policy. Flanders explores Keynes' childhood in Cambridge and his time at the British Treasury during World War I, and shows how his ideas for managing the economy evolved over time. Through interviews with economists and historians, Flanders also examines the debate between Keynesian and neoclassical economists and the role of government in the economy.

The third and final episode, "Hayek," looks at the life and ideas of Friedrich Hayek, the Austrian economist who is best known for his defense of free-market capitalism and opposition to government intervention. Flanders travels to Vienna, where Hayek was born, and explores his childhood and education. The episode also examines Hayek's friendship with fellow economist Ludwig von Mises and his many contributions to economic theory, including his book "The Road to Serfdom." Flanders also discusses the criticisms of Hayek's ideas and the role of markets in modern economies.

Throughout the series, Flanders brings her expertise as an economist and her experience as a journalist to the screen, providing insightful commentary and engaging explanations of complex economic theories. The show is visually stunning, with beautiful animations and archival footage that help bring the lives and ideas of these economists to life. The interviews with scholars and experts offer a diverse range of perspectives on the ideas presented in the series and provide valuable context for viewers who may be less familiar with economic theory.

Overall, Masters of Money is a must-watch for anyone interested in economics, history, or politics. Flanders is an excellent host, and the series provides a fascinating and engaging look at the lives and ideas of three of the most influential economists in history. The show is thought-provoking, informative, and entertaining, and will leave viewers with a deeper understanding of the role of economics in shaping our world.