Definitely worth watching again. ;-)
The Brilliance of That Hayek vs. Keynes Rap - Jeffrey A. Tucker - Mises Institute: "The debate between J.M. Keynes and F.A. Hayek, both living and teaching in Britain in the 1930s, was one of the great debates of the century. Sadly, the charming globetrotter Keynes had the podium and the audience, to the point of influencing policy the world over even to the present day. Meanwhile, the quiet and studious Hayek never really did gain an audience. Like his colleague and mentor Mises, Hayek wrote in scholarly journals and was heard only by those with skeptical minds, people who doubted the theoretical and policy conventions and looked beneath the surface."
Saturday, February 06, 2010
Jeffrey Tucker On The Hayek vs. Keynes Rap
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1 comment:
This is such a great video. I'm glad it's getting this much attention and hopefully being played in econ classes around the country. I too, learned all about Keynes in my undergrad, but only found out about Hayek through independent research and reading Ron Paul's books.
It's pretty obvious why we've suppressed Hayek and made Keynes into a superstar: the Fed. Without the fed and their crap secret policies we might have an actual chance at economic progress and shrinking our deficits. I really hope Mr. Paul's audit the fed bill bcomes law.
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