Tuesday, May 3, 2011

Hayek v. Keynes

Hat tip to JD Tuccille on this;  I missed it the first time,

but caught it the second.

Worth watching.  Both cover almost all the nuances of the, ahem, "conversation", and do it well.  As Tuccille put it originally:

Explaining the massive hurdles you'd have to overcome to impose a "rational" controlled society to people -- the sheer impossibility of substituting government planning for the values and preferences of millions of people -- is often a lost cause. Eyes glaze over, yawns are politely stifled (or not stifled at all), and the virtues of freedom and dynamism get lost in the vast disinterest many people harbor toward matters philosophical. Frankly, people want bad times made better -- and they're not interested in hearing anybody tell them that the cure is usually worse than the disease.

So, don't waste your time boring your friends. Instead, point them toward this video, the work of economist Russ Roberts and creative director John Papola, in which free-market economist F.A. Hayek and liberty-distrusting economist John Maynard Keynes lay down their opposing views in rap form while out on the town.

No, really -- it's good.

Yeah, it is.  A nice resource!

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