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This is side A of the fifth tape from the annual Drucker Symposium of 1987. This recording is from day two of the conference, on April 30, 1987. Sam Craig is the moderator and Don Nicholson is the panelist. This is the Q&A segment. They cover topics such as debt, international markets, imperialism, manufacturing employment, the defining factors of industrial health of a country, and hospital administration. Drucker goes into detail about the deficit of the United States government, and he considers the biggest problem to be the high interest payments. He says it is the first time in the history of the world that the largest debtor owes in their own currency. He suggests a severe increase in inflation or a cease in interest payments, as the only two ways to reverse the deficit. Drucker also explains that Lyndon B. Johnson was the first President to try to focus on both domestic policy and foreign affairs, which is what led to the budget getting out of control.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Lectures and lecturing New York University. Graduate School of Business Administration Craig, C. Samuel Questioning Debts, Public Markets Money Fishing Economics Investments Japan Foreign exchange International trade Chocolate industry Brand name products International Business Machines Corporation Hitler, Adolf, 1889-1945 Free enterprise Imperialism Manufacturing industries Medical care Blue collar workers Development and underdevelopment Farms England Budget Imports Exports Uncle Sam (Symbolic character) Germany Interest Government agencies Political science Inflation (Finance) Unemployment Economists Johnson, Lyndon B. (Lyndon Baines), 1908-1973 Wilson, Woodrow, 1856-1924 Roosevelt, Franklin D. (Franklin Delano), 1882-1945 Isolationism New Deal, 1933-1939 Vietnam War, 1961-1975 World War II American Management Association Hospitals Communication E.I. du Pont de Nemours & Company Stock exchanges Knowledge workers Poverty Ghana Marx, Karl, 1818-1883 Socialism Russia Global economy and development Supply and demand Capital Zand, Dale E Guth, William D Annual Drucker Symposium
Cassette tape: 4/30/87 Drucker Symposium day 2 Questions and Answers; 1987-04-30; Box 68, audio recordings - cassette tapes