What is globalization? How is it possible for one country to bring down the entire world, and quickly? Everyone should know something about the global economy, and Commanding Heights is a solid introduction. The series continues after the jump, with some additional questions to consider.

Everyone Should Know is a short list of thought-provoking books, films, and articles about significant aspects of our modern world that are seldom taught in school. This list is not exhaustive, nor are the works perfect, but they get you thinking. Suggestions welcome! So far, the list includes two books, Quiet and A Time of Passion, and an article, The Case Against Credentialism. The goal is help everyone develop a personal compass with which to navigate the real world–a solid understanding of how the world works so that he or she can make informed choices and live a meaningful life.

Episode 2: The Agony of Reform

• Is “shock therapy” really the best way to change things? Is the human toll worth the cost?
• Afterwards, why do some countries succeed while others still struggle?

Episode 3: The New Rules of the Game

• Are repeated financial crashes the new “normal?”
• Is it appropriate to continually rescue reckless investors that are “too big to fail?”
• Should such global power be wielded by self-interested entities with little oversight?
• Will inequality every decrease under free markets?
• Is violence/terrorism an unavoidable side effect of globalization?

Until we find answers, these questions will continue to challenge us well into the 21st century.