“Fear the Boom and Bust”: Hayek vs. Keynes Rap Video »
By David J. Theroux | Tuesday January 26, 2010 at 1:21 PM PDT | 5 Comments
Here is a splendid and insightful, new rap video pitting the ideas of Nobel Laureate, Austrian School economist Friedrich A. Hayek against those of Lord John Maynard Keynes. As Hayek has shown, economic crises of boom and bust are created by governments that expand credit through central banks, creating unsustainable bubbles that ultimately crash....
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Tags: American History, Bailouts, Books, Budget and Tax Policy, Business, Corporatism, Economics, Federal Reserve, Free Market, Government subsidies, Great Depression, Inflation, Labor, Money and Banking, Taxation, The State, Unemployment, Video, War




























