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Hayek vs. Keynes: The Second Round!

Remember the Hayek-Keynes Rap from John Papola, Russ Roberts, and EconStories? Well, they have posted their second video on Youtube just today (right now it only has 300 views).

And trust me, it is EPIC!

What an amazing exposition of Austrian economics ideas, plus some cultural criticism while we’re at it. The video touches on the fallacy that war brings prosperity, the pretense of knowledge, the failure of central planning, how laissez faire lets us serve one another better – the list goes on and on. I love the end of the video, when all the young people go to Hayek, while its clearly the banksters, media fools, and corporatists go to Keynes.

Congratulations, John Papola, you have done it again. You are a libertarian hero of our time.

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Dr. Norman Horn

Norman founded and the Libertarian Christian Institute, and currently serves as its President and Editor-in-Chief. He holds a PhD in Chemical Engineering from the University of Texas at Austin and a Master of Arts in Theological Studies from the Austin Graduate School of Theology. He currently is a Postdoctoral researcher in Chemical Engineering at the Massachusetts Institute of Technology.

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