Showing posts with label macroeconomics. Show all posts
Showing posts with label macroeconomics. Show all posts

Tuesday, February 23, 2010

Keynes and Hayek Rap Economics



Recommended by my good friend Cato, here's something that is a little outside of the normal tone of Free Market Physician. Because of the tank-tops, I won't put the You Tube video directly on FMP, but here's the link. It's a rap in which John Maynard Keynes and Friedrich von Hayek debate economics. Keynes was a British economist who argued that governments could spend their way out of recessions. Von Hayek was an Austrian economist who argued for free-market capitalism. It's a pretty clever production.