Sunday, March 7, 2010

The Keynes-Hayek Rap Video Explained

If you watched the "Fear The Boom And Bust" Hayek vs. Keynes Rap Anthem and were confused as to exactly what they were saying head over to http://www.dailykos.com/storyonly/2010/3/1/837337/-Smackdown:-Keynes-vs.-Hayek-With-Poll (via) for a good break down / explanation. It is a long post, but broken down so people without econ backgrounds should be able to grasp the important points.

6 comments:

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  2. @Ian Spencer Dubrowsky - not entirely sure what you are going for. Either way, I say the free market gets the last laugh, not Marx.

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  4. @Ian Spencer Dubrowsky - I have read Marx. How can you say Marx has outlasted them? How many countries economies are based on his theory's. Compare that to the others.

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