Tuesday, January 26, 2010

(CC) Keynes vs. Hayek in Rap

I saw this rap video on YouTube entitled "Fear the Boom and Bust: A Hayek vs. Keynes Rap Anthem", and thought it was both brilliant and humorous at the same time. The video was created by Econ Stories, and they did a great job. Thankfully, they provided the lyrics to the song so that it could be subtitled. Here is their summary of the story that sets up the rap video:

"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 an economics 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."