Click the following link for an entertaining video. The battle between economic theories is both interesting and tragic. Strangely, after the theories of Keynes were totally debunked, they have somehow roared back into the main thanks to President Bush and Obama. This humorous but accurate video explains both sides very clearly. In case you're wondering, Hayak has it right. Enjoy!
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5 responses to “Economist Battle”
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yeahhhh boy show em “what time is it”
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HOwdy Chris, How long can this deficit spending go on. The national debt limit has been raised 9 times since 2002. My dear congressman says that congress was given the right to raise the debt ceiling by the constitution. Did our Founding Fathers give Congress that right so that we could make it thru emergencies or so we could have a false standard of living? ARRRR ! ! Skipper
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Chris – these guys have a great talent – both intellectual and a great song – Loved it! Thanks for sharing.
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This is one of the best summaries I’ve seen of the basic conflict in economics. Great way to reach people who are “easily bored” with the subject (who could imagine but they do exist!). For sure we will be passing this on. Thank you for posting it!!!
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Hello there –
This was the only recent post that I thought sharing these 4 vid clips made sense with – since there isn’t a “Camel in the Tent” post in 2013 🙂
These were shared with me by a fellow who is on the right track for sure – I wonder if you or Orrin, let alone Larry or George, have rec’d these before? I think I’ll share them with OW & GG, since I dont believe LVB has an active blog 🙂
All are very insightful – esp. the 4th and final.
http://youtu.be/iFDe5kUUyT0
http://youtu.be/y-IemeM-Ado
http://youtu.be/EdSq5H7awi8
http://youtu.be/DyV0OfU3-FULikeLike
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