By Carl Close | Thursday April 28, 2011 at 12:46 PM PST | 1 Comment
Soviet kids say the darnedest things, art historian Igor Golomstock discovered when he led field trips through Moscow’s Pushkin Museum of Fine Arts in the late 1950s. The schoolchildren indicated that they couldn’t distinguish between the propaganda paintings of Nazi Germany on display and the works of Socialist Realism that had flourished (if that...
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Tags: Art, Books, Fascism, Iraq, Propaganda, The State
By David J. Theroux | at 10:55 AM PST | 1 Comment
“Fight of the Century: Keynes vs. Hayek Round Two” is the superb and very timely sequel to the phenomenally successful and insightful, rap video pitting the views of macroeconomist John Maynard Keynes against those of Austrian School economist Friedrich A. Hayek, “Fear the Boom and Bust.” The original has attracted to date more than...
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Tags: American History, Austrian School of Economics, Bailouts, Budget and Tax Policy, Business, Corporatism, Economics, Employment, Federal Reserve, Free Market, Friedrich A. Hayek, Government subsidies, Great Depression, Great Recession, Inflation, John Maynard Keynes, Keynesian economics, Liberty, liquidity trap, Ludwig von Mises, market process, Mercantilism, Money and Banking, multiplier, National Bureau of Economic Research, Obamanomics, pretense of knowledge, Price Control, Regulation, stimulus, Taxation, Unemployment, Video, War, warfare state