Posted by Brad @ 7:52 pm on January 25th 2010

Music Video of the Economic Cycle Debate

Reason #5634 why George Mason University is the coolest higher education institution around.

A music video sponsored by their economics department in which John Maynard Keynes and F. A. Hayek have a rap battle.

That is exactly as awesome as it sounds.

“If you’re living high on that cheap rented hog,
don’t look for a cure from the hair of the dog.
Real savings come first if you want to invest;
The market coordinates time and inter-est.
Your focus on spending is pushing off red;
In the long run my friend it’s your theory that’s dead.

So sorry there buddy if that sounds like invective;
Prepare to get schooled in my Austrian perspective.”

1 Comment »

  1. Wow. Brilliant.

    On a policy note, one of the more grating parts of Keynes’ ideas has always been the idiocy of the broken window.

    Comment by Cameron — 1/25/2010 @ 10:07 pm

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