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Keynes vs. Hayek

Who offers a more compelling theory of the business cycle? The makers of this video seem to have had an answer to that question in mind. In addition to being catchy, the rap hits on the most important distinctions between the Keynesian and Austrian theories of the business cycle. I especially liked the references to the [...]
Posted in Banking & Finance, Econ 101, hayek | Also tagged , , | Leave a comment