James Callaghan

Deng Xiaoping's economic and political opening in China. Margaret Thatcher's extreme economic measures in the United Kingdom. Ayatollah Khomeini's Islamic Revolution in Iran. Pope John Paul II's visit to Poland. Saddam Hussein's rise to power in Iraq. The Soviet invasion of Afghanistan. The nuclear accident at the Harrisburg power plant and the birth of ecological activism. The year 1979, the beginning of the future.

Michael Cockerell tells the story of how prime ministers have coped with life after Number Ten, after Tony Blair became the youngest member of the ex-PMs' club for a hundred years. The film reveals who left office bankrupt, who did TV commercials for Cheshire cheese, who had his own chat show and who has never had a single happy day since leaving Number Ten. Cockerell, who met the eight PMs prior to Blair, looks at what Tony planned do next and just how many millions he could make from being an ex-PM.

Documentary showing the many travails of the UK Labour Party during its long period in opposition from 1979 and through the 1980's and 1990's.

Inflation results when the amount of money printed or coined increases faster than the creation of new goods and services. Money is a "token" of the wealth of a nation. If more tokens are created than new wealth, it takes more tokens to buy the same goods. Friedman explains why politicians like inflation, and why wage and price controls are not solutions to the problem. Friedman visits Japan, U.S. and Britain.