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

Level: beginner
Emergent Order
Emergent Order, 2010
Perspectives: Austrian Economics, Post-Keynesian Economics, Other
Topic: history of economic thought, macroeconomics, markets
Format: Short Film
Duration: 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.

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Das Netzwerk Plurale Ökonomik e.V. wird aufgrund seiner Unabhängigkeit und des Einsatzes für Pluralismus und Vielfalt nicht von finanzstarken Interessensgruppen getragen. Deshalb freuen wir uns sehr über eine einmalige oder dauerhafte Spende.

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