Over a year ago, a bunch of economists and grad students made this music video about what causes recessions: too-free businesses (Keynes) or central planning of the market (Hayek). It was brilliant, and displayed both sides very well in a fun way. Just yesterday they released Round Two, which is also great. I don't think Hayek made as many brutal points as he did in the first one, but the ending is completely accurate in its analogy to real life: Hayek's argument destroys Keynesian ...
Blog Categories
Recent Visitors
Archive
Go to Profile
Mark as Read
