It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Fight of the Century: Keynes vs. Hayek Round Two

page: 1
5

log in

join
share:

posted on Apr, 30 2011 @ 06:33 PM
link   
Here's a interesting music video/short film.

Economics in song form, lol: "The economy's not a car, there's no engine to stall, no expert to fix 'it', there's no 'it' at all. The economy is us, You don't need a mechanic! Put away the wrenches, the economy's organic!"




posted on Apr, 30 2011 @ 06:45 PM
link   
Hahaha, that's awesome. I don't know if its fair to assume that Keynes would have endorsed the bailout though, probably too excessive for his tastes.



posted on Apr, 30 2011 @ 08:08 PM
link   
reply to post by Rockdisjoint
 


That was just as hilarious and entertaining as it was informative! Rarely do you get that lol. Oh and just to throw in my 2 cents, I'm with Haynek.



posted on Apr, 30 2011 @ 08:10 PM
link   
For an 8 minute crash course this is a very good video. My sole problem was that Keynes never addressed the second part of his theory, but people who use his theory never use it so I guess it makes sense. Keynes originally said that you should deficit spend and or cut taxes during a depression, then raise taxes and pay back the debt during good times.



posted on Apr, 30 2011 @ 11:11 PM
link   
reply to post by Rockdisjoint
 


Pretty good video gets the point across. Not exactly my taste in music but not hard on the ears either. The vocals are good.



new topics

top topics
 
5

log in

join