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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…

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