Fear the Boom and Bust

I just finished a great book on economics called Money, Greed, and God, and I’m now reading Ron Paul’s Liberty Defined (reviews of both coming soon). Both have reminded me of this awesome video, which is one of the best I’ve seen for teaching the difference between economic theories:

And round two, uploaded just last week:

For more on the differences between the theories of John Maynard Keynes and F.A. Hayek, check out EconStories, who produced these videos.

4 comments on “Fear the Boom and Bust

  1. […] clash between economic philosophies is at the root of nearly every political disagreement (which should come as no surprise to […]

  2. […] you liked that, you definitely need to make sure you watch the two “Fear the Boom and Bust” videos from Econstories.tv. The economy is sort of a big deal, but it can be boring to learn […]

  3. […] off, if you haven’t seen them, these videos made by the folks at EconStories.tv are an excellent (not to mention catchy and humorous) primer […]

  4. […] It was the Keynesian view of economics that prevailed in the 1930′s and 40′s, but time has given more credence to Hayek’s views. The economic debate between Hayek & Keynes has been termed the “Fight of the Century”, and dramatized in two fantastic hip-hop videos (you heard that right) that I posted last year. […]

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