Monday, September 6, 2010

Keynes vs. Hayek - The Non-Rap Version

CoBank's latest Outlook newsletter features an interview with Prof. Russell Roberts of George Mason University and the Hoover Institution at Stanford University:

Keynes, Hayek and the Great Stimulus Debate

The "Great Stimulus Debate" is about whether or not the recent $862 billion federal stimulus package was a good thing. The discussion draws on the views of two famous economists from the last century—John Maynard Keynes and Friedrich Hayek. The Outlook interview with Prof. Roberts is a good discussion and I recommend it.

Earlier this year Prof. Roberts co-produced a rap video on this subject:

Keynes vs. Hayek - The Rap Version

The video is both entertaining and educational and I recommend it, too!