Tag: liquidity trap
Fight of the Century: Keynes vs. Hayek Rap Video Round Two

“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...
Read More »

The Misinterpretation of the Keynesian “Liquidity Trap”

Economists and pundits, who contend that the Federal Reserve System has little room to maneuver in using monetary policy to jump-start our anemic economy, often have claimed that America is mired in a Keynesian liquidity trap, a situation in which the demand for money is unresponsive to changes in market interest rates. After all,...
Read More »

“Fear the Boom and Bust”: Hayek vs. Keynes Rap Video

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....
Read More »

  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org