Fear the Boom and Bust – Keynes vs. Hayek Rap Battle

Posted by on Aug 4th, 2010 and filed under All Posts, Economics, New Posts, Pickings, Thought, Video. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

I love this video! It uses the hip-hop genre, in a kind of ‘battle’ set up between Maynard Keynes and F. A. Hayek. Each present their theory and you are left to choose (but i guess it’s  biased towards Hayek). I you ever really wanted to know the difference between free market economics and Keynesianism – but were afraid to ask, this is perfect for you. Click and enjoy.

For those of you who don’t know, Libertarians are in principled alignment with the so called ‘Austrian School of Economics’ and F. A. Hayek was an Austrian School Economist who made major contributions to our understanding of free enterprise. Okay, bye for now – I hope you all like this.

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