“Fear the boom and bust”: Hayek vs. Keynes Rap Anthem
In “Fear the boom and bust”, John Maynard Keynes and F.A. Hayek, two of the great economists of the 20th century, come back to life to attend a conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there’s a “boom and bust” cycle in modern economies and good reason to fear it. This entertaining clip comes courtesy of Econstories.tv, “a place to learn about the economic way of thinking” – through the eyes of creative director John Papola and creative economist Russ Roberts.
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