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Monday, June 27, 2011

C-Span: Q&A about John Maynard Keynes and Frederick Hayek videos


[VIDEO] I'll post the Keynes-Hayek music videos after after the brief write up to introduce this C-Span program. Russ Roberts is an economic professor at George Mason University and hosts a weekly podcast EconTalk. He joined with filmmaker & entertainment marketing executive Russ John Papola to produce two music videos featuring actors representing economists John Maynard Keynes and Frederick Hayek.

Most of us are familiar in some respects with Keynesian economics which is more interventionist. That is government must intervene in certain aspects of the economy. While Hayek represents Austrian economics or mainly he basically defends classical liberalism and free-market economics.

The tune of these videos are catchy and you may need closed captioning to catch up to what they're saying in this video. Also it's more than time for me to consider reading up on economic thought. My first exposure to Austrian economics was not through economics courses at Morehouse but by a friend who more than introduced me to the subject. Videos are below!

[VIDEOS: PART 1; PART 2]



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