Must Watch Video: Keynes vs Hayek Rap - "Fear the Boom and Bust"

Bump because this is one of the best/awesomest things I've ever seen.

I love that video.

That would have been hilarious in the 70's (except that rap wasn't invented until the 80's) but it is now hopelessly outdated.

Have you read the Review of Austrian Economics lately?

Socialist objectives can be achieved in a market context with the rule of law if market socialism were to take the form of competitive worker-owned and self-managed enterprises, supplemented by universally available welfare redistributions, which could include a basic income, universal capital grants, or education and health insurance vouchers.

The Society for the Development of Austrian Economics gave this communist $1000. This is money they collected $10 at a time from people just like you, who didn’t know that they were funding a communist.

Steve Horwitz honored this communist on November 13th at George Mason University. Horwitz exalts:

Burczak’s book, Socialism after Hayek, represents the first serious scholarly attempt to defend socialism using Hayekian principles. By pairing Burczak’s book with selections from Hayek’s own corpus, this program will offer participants the opportunity to assess the accuracy and effectiveness of this criticism of Hayekian liberalism.

... ;) ...
...The r3volution continues...

Daily Paul rules.

When I put this on the front page 24 hours ago, there were only 12,000!

Best lines:

"In the long-run, it's your theory that's dead!"

"The savings aren't real, consumption's up too, the grasping for resources reveals they're too few."

That is, by far, the best production quality i have ever seen in a economic rap video.

But god, did I enjoy this one !

I looked over this and didn't watch it, until a friend insisted I must! It's great!

How the heck did I miss this one!? Thanks!

For those who don't have the ears to hear, you must realize that this video has legs. In terms of economics videos, this is certainly the best produced on the subject and it has vital info. I haven't been presented with a better video explaining the crux of the argument that can be digested by people who go to YouTube to be entertained. Don't be surprised if this gets featured on the front page of the most visited sites on the net.

Strategic thought of the day: Pit Austrians against Keynes as you sell to sheeple, not Ron Paul against the World. People are hurting and are open to explanations. It was Nixon, a Republican, who said "we're all Keynesians now," so the Austrian point of view gives sheeple political cover.

A snapshot of a style I use:

"Austrian economic theory says you can't spend your way out of a crisis, and they've been saying that since the Great Depression. If they're right, and I think they are, we have to reverse course now."

videos I've seen in a while! Excellent job!

in my Austrian perspective". Yeah.

for later viewing :}