Fight of the Century: Keynes vs. Hayek Round 2.0 :))

YES! The ECON Heroes are  back with a new rap  duel!

For almost over a century,  theoretical debates  between Keynes and Hayek  have dominated the  field of economics.  Keynes saw government spending  as a  way  of stimulating  economic activity, employment, and he claimed that government intervention   brings balance into the  economy. In contrast to Keynes,  Hayek  believed in the power of free markets with less  government control.  "The economy's us, we don't need a mechanic. Put away the wrenches, the economy's organic." says Hayek. 

Once again, the recent financial crisis  has highlighted the importance of debates on what economic policies can save the world economy and what are the best ways to cope with this financial disgracement.  www.econstories.tv brings together the  two  great economists of the last century  in a RAP Duel. 


EconstoriesTv introduces a fun-oriented learning environment which  is a great way to help make economics more enjoyable. By the way, my preference is Milton Friedman :)))

Modern Keynes&Hayek :))