As news reports indicate the Fed plans a half trillion dollar quantitative easing, it is a good time to revisit the Hayek and Keynes debate. If you would like a rap explanation, check this out: “Fear the Boom and Bust”. Yes, Hayek presented in rap.
Econstories.tv has more where that came from. For a debate between Hayek and Keynes in the 2010 context, check out another debate and rap. It is the ‘Hayek and Keyes battle at The Economist’s Buttonwood Gathering’ selection.
The site also has a number of non-rap explanations on video.
Great stuff. Explained simply. In rap.