Tuesday, February 02, 2010

Beat 'Em With Pop Culture: Fear The Boom and Bust

I saw this over at Captain Capitalism's blog a while ago but I just now got around to watching it.

This is Keynes versus Hayek, as rap. For those unfamiliar with the competing economic theories of these two men, this may be an entertaining and constructive introduction to them. The things mentioned in this song, if you begin cross-referencing them, can key you in to very important information you may not have right now. The competing ideas here are important to know because, as the line goes in the song, "we're all Keynesians now" - you've got to know this stuff because other people are currently running/ruining your economic future with it. Once you get to know it, you can start to fight it.


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