@rarebooksleuth, In my opinion, this video is great to watch because it's giving the essence of 1950's. And in my opinion and as per my observation the value for Literature is decreased and i believe that in those days the value of Literature was really sky touching. And for sure William Faulkner is big name, Literally speaking i don't read books but this name is in my memory because I've read this author's Literature Pieces in school days.
Wishing you an great day and stay blessed. 🙂