Video: Economists rap, Keynes and Hayek go head to head!
"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a "dismal science." But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance." - Murray N. Rothbard I am absolutely delighted to see this for several reasons. First of all, this is really well done in both substance and style. Second of all, this covers a topic that most Americans know almost nothing about! Most Americans believe the inner workings of Keynesian, Monetarist or Austrian theories is not a requirement to understand, it becomes a moral imperative when these very same people passionately argue political viewpoints whose basis rests in the very economic theories they are not interested in learning. So this presents a conundrum, how can we have an educated voting electorate when politics have become so intertwined with economics? We can eith