Sunday October 24/99, BBC 2 18.40
A Greater Crash?
Seventy years ago this week, Wall Street's Great Crash threw millions out of work, laid waste to much of the world's economy, and heralded a depression that lasted for almost a decade.
Now, according to one of the world's leading economic historians J.K.Galbraith, there are worrying signs that history could be repeated. The stock markets are thought to be wildly over-valued, just as they were in the late 20s; the current boom in internet shares mirrors the craze for radio stocks; and politicians and policy-makers are showing worrying signs of complacency. Lesley Curwen reports on why the Great Crash anniversary carries a terrible warning.
For the British Government, innovation is the motor for a thriving economy. But thousands of inventors may be getting a poor deal from companies promising them help and advice.
Invention promotion companies often charge hefty up-front fees for helping ideas get to market. Yet a Money Programme investigation reveals that their success rate is often astonishingly low, and that inventors may be wasting money on their services.
Ros Bew reports.