"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem

I think this is funny, has informative lyrics and is very well done!

Check out their website at

http://econstories.tv/home.html

Enjoy...

Category:

Education

Tags:

• economics
• keynes
• hayek
• mises

[wdcsucks1]

what is hayek for?

[haggsbo]

Close to Ron Paul on Economics...

[mjen22160]

haggsbo and uu331

Give us the links to vids you are talking about if they are on youtube. Thanks

[haggsbo]

@mjen22160

Just Google the following:

"Commanding Heights time map on PBS"

There is a time-line with video...pretty good for the basics to get you started.

[whippoorwillss]

dope!

[haggsbo]

I would also add that it is rather "PHAT" as well , Sir!

[kaitenuser]

"Everyone is Keynesian now!" <- That is why we are in half the mess we are in now. Getting a PhD in Econ is no different. I learned more about econ on wiki and youtube than I ever did learning about value functions in an economic dynamic programming problem :-\

[Lonovavir]

LOL, Economics + Rap, normally I'd avoid watching for the rap factor alone, but I like Economics so I can forgive the rap part.

Depression, recession, now your questions in session!!!!

Party at the Fed!!!!

[coolkid1446]

Boom=Greed  Bust=Panic ....Sounds like normal humans to me. Wouldn't you have to change mankind to avoid boom and bust. Goldrush, Oil, Coal, Steam, Airplanes,Steel, Plastics, Microprocessors, ...That's whats missing....we need a new fad to throw our money at. We burnt out... What happened to robots anyways......

[ssg10]

@TheVoiceOfReason93 sorry, just a question: are you saying that a WWIII coming soon just and initiated by america, because america is broke and needs war industries again due to keynesian economy?

[blue222blue]

In real life, if a bartender serves drinks to an obviously drunk patron, the bar owner can be liable for crimes such as drunk driving.

The bar owners, viz the American people, ought to fire Ben and Tim!

November, yo, and November '012!

[TheVoiceOfReason93]

Have anyone studied WWII?! The government's massive spending in WWII increased by over 1000%, and created War industries which reduced unemployment to non-existence by 1944, giving people income which they could spent on, stimulating demand and the economy! The Keynesian Economy transformed the US into an economic superpower - so don't blast it.

[freedomisfree1776]

these guys are racist!!!

If you don't like a private bank controlling the u.s. / world depression than you are a racist.

slavery is for those who care for the MASTERS.

[danbuck333]

@jcbqwerty NO

[jcbqwerty]

@danbuck333 surely if yuo prevent the boom then u prevent expansion? and by preventing the boom your pretty much in a command economy?

[ohpina]

Wow, well all scenary are really interesting and the way to discuss the economy. I wonder what would be happen if Marx, Smith and David Richard were alive like them.

[mexaguil]

Why did you upload this video if it is exactly the same as what econstories has? It just confuses things