RAP VIDEO PITS HAYEK AGAINST KEYNES
Posted on January 27th, 2010 by Bob and Joy Schwabach
Economists may not always agree, but they can do a good rap. A YouTube video pits the late economist John Maynard Keynes against Nobel Laureate Friedrich Hayek.
Hayek is the author of “The Road to Serfdom” and “The Fatal Conceit.” John Maynard Keynes was a very influential British economist who favored heavy government intervention.
Both of their views are well-explained in this rap video by Russell Roberts and John Papola. Joy thought the actor playing Hayek should have had more hair. “He was never so nerdy,” she complained to Bob.
Russell Roberts is a George Mason University economist and host of the EconTalk podcast.