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Fear the Boom and Bust: Hayek vs. Keynes

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…

Picture of Dr. Norman Horn

Dr. Norman Horn

Norman is the founder and President of the Libertarian Christian Institute. He holds a Ph.D. in Chemical Engineering from the University of Texas at Austin and an M.A. in Theological Studies from Lipscomb University. He has been widely published in multiple fields and has written for the Washington Post, Relevant Magazine, Young American Revolution, the Journal of Research of NIST, and UV Solutions Magazine.
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