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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.

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.

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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