Hayek vs. Keynes

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Crash's picture
Crash
Status: Silver Member (Offline)
Joined: Nov 26 2008
Posts: 171
Hayek vs. Keynes

My brother sent me this link, and I thought it was very good and I'd share with you guys:

Peace

Crash

G-Money's picture
G-Money
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Joined: Jan 16 2010
Posts: 46
Re: Hayek vs. Keynes

Great work by the guys at econstories.tv. I find the fact that this video is closing in on 700,000 views pretty surprising.

Carl Veritas's picture
Carl Veritas
Status: Gold Member (Offline)
Joined: Oct 23 2008
Posts: 294
Re: Hayek vs. Keynes

 

The best way to destroy the capitalist system is to debauch the currency.

By a continuing process of inflation,    government can confiscate,     secretly and unobserved,

an important part of the wealth of their citizens.

 

John Maynard Keynes

DaytonMegan's picture
DaytonMegan
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Posts: 49
Re: Hayek vs. Keynes

Interesting.  But Hayek and Keynes are not exactly polar opposites.  And - I don't think either of them got it exactly right.

G-Money's picture
G-Money
Status: Bronze Member (Offline)
Joined: Jan 16 2010
Posts: 46
Re: Hayek vs. Keynes

Um. I think we can all agree that Keynes did not get it exactly right.

ccpetersmd's picture
ccpetersmd
Status: Martenson Brigade Member (Offline)
Joined: Oct 12 2008
Posts: 799
Re: Hayek vs. Keynes

Some back story on the video from NPR's Planet Money:

http://www.npr.org/blogs/money/2010/01/podcast_yo_planet_money_raps.html

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