Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!

Emergent Order
Emergent Order, 2010
Poziom: początkujący
Perspektywy: Ekonomia austriacka, Inne, Postkeynesizm
Temat: macroeconomics, mikroekonomia, philosophy of economics
Formularz: Explainer Video
Czas trwania: 00:07:32
Link: https://www.youtube.com/watch?v=d0nERTFo-Sk

In this video, John Maynard Keynes and F. A. Hayek come back to life and go out for a night in town and rap about boom and bust cycles. They battle each other with explanations why there is a boom and bust cylce in modern economies, why there are good reasons to fear boom and bust cycles and how to retaliate them. During the rap battle, many popular notions and key concepts of the two famous economists of the 20th century are thrown around.

Go to: Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!

This material has been suggested and edited by:

Kasturi Kandalam
Tags: aggregation | animal spirits | Austrian school | Boom and Bust cycles | capital | government spending | growth | history of economic thought | human action | income | interest rate | investment | Keynesianism | macroeconomics | markets | money multiplier | short-run | spending
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Ten projekt został stworzony przez Sieć na rzecz Pluralistycznej Ekonomii (Netzwerk Plurale Ökonomik e.V.).  Jest on zaangażowany w różnorodność i niezależność i jest zależny od darowizn od ludzi takich jak Ty. Regularne lub jednorazowe datki będą bardzo mile widziane.

 

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