Hayek vs. Keynes: "Fear the Boom and Bust"
This is a very nicely done video that, while entertaining, covers the key differences between the Austrian and Keynesian business cycle theories.
This is a very nicely done video that, while entertaining, covers the key differences between the Austrian and Keynesian business cycle theories.
Posted by P F Cwik at 1:57 PM
Labels: Austrian Economics, Business Cycle, Capital Theory, Economic Theory, Federal Reserve Policy, Macroeconomists, Macroeconomy, Market Process, Price Signals, Recession, Stimulus Package, Video
1 comments:
Here is a link to an analysis of the lyrics. It is actually very fair, accurate and well researched. http://www.dailykos.com/story/2010/3/1/8929/21462
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