Fear the Boom and Bust: Hayek vs. Keynes

Norman Horn — Thu, 28 Jan 2010 16:20:07 +0000

For those of you who haven’t heard, this video has been circulating around libertarian circles like crazy the past week. I particularly like the alcoholism-as-printing-money metaphor used. The production quality is excellent, and if you know a bit of econ you’ll understand all the references to, say, aggregate demand and the paradox of thrift. Ha! Enjoy…