01-27-2010, 10:02 PM
01-28-2010, 08:35 AM
I thought it very well done, also. Russ Roberts is a professor at George Mason University, and must be a very creative teacher to come up with the idea. My economics classes at Rice used to regularly find me falling asleep in my seat.
01-28-2010, 02:23 PM
When I first saw the video I was surprised at that (a) it had Hayek and not Milton Friedman defending the free market; and (b) it so accurately described the Austrian Theory of the Business Cycle (which most TV pundits, politicians and "mainstream" economists are guilty of). All of it made sense when I learned that it was written by a professor from George Mason, which has a very free market oriented economics department, including a number of professors associated with the Austrian school.
Bottom line though, whether you're a Keynesian or an Austrian (sorry Monetarists) you have to like this video! I agree with NoVA...slept through 3 years of econ classes at Rice.
Bottom line though, whether you're a Keynesian or an Austrian (sorry Monetarists) you have to like this video! I agree with NoVA...slept through 3 years of econ classes at Rice.
02-02-2010, 11:45 AM
(01-28-2010 02:23 PM)Sleepy Owl Wrote: [ -> ]Bottom line though, whether you're a Keynesian or an Austrian (sorry Monetarists) you have to like this video! I agree with NoVA...slept through 3 years of econ classes at Rice.
worse, I slept through an econ TEST at Rice...
02-02-2010, 07:52 PM
(02-02-2010 11:45 AM)emmiesix Wrote: [ -> ](01-28-2010 02:23 PM)Sleepy Owl Wrote: [ -> ]Bottom line though, whether you're a Keynesian or an Austrian (sorry Monetarists) you have to like this video! I agree with NoVA...slept through 3 years of econ classes at Rice.
worse, I slept through an econ TEST at Rice...
Ha! I bet you still passed though...
05-12-2011, 10:34 PM
Well, they're back again with another video.
And here's some more backstory on the 2 minds behind these videos.
http://www.washingtonpost.com/blogs/the-..._blog.html
And here's some more backstory on the 2 minds behind these videos.
http://www.washingtonpost.com/blogs/the-..._blog.html
05-13-2011, 01:34 PM
I think the second one is even better than the first.
05-14-2011, 08:39 AM
Gotta love it:
"If you've been living high on that cheap credit hog
Don't look for a cure the hair of the dog"
"If you've been living high on that cheap credit hog
Don't look for a cure the hair of the dog"
05-14-2011, 08:39 AM
Gotta love it:
"If you've been living high on that cheap credit hog
Don't look for a cure the hair of the dog"
"If you've been living high on that cheap credit hog
Don't look for a cure the hair of the dog"
05-15-2011, 11:56 AM
Here are the full lyrics with hyperlinks to some relevant supporting material:
http://blog.mises.org/16752/hyperlinked-...hayek-rap/
I love the attention to detail by the writers/producers. Anybody notice who Keynes and Hayek had in their corner during the boxing match? Keynes: Thomas Malthus and John Hicks. Hayek: J.B. Say and Ludwig von Mises.
http://blog.mises.org/16752/hyperlinked-...hayek-rap/
I love the attention to detail by the writers/producers. Anybody notice who Keynes and Hayek had in their corner during the boxing match? Keynes: Thomas Malthus and John Hicks. Hayek: J.B. Say and Ludwig von Mises.
05-15-2011, 06:01 PM
(05-15-2011 11:56 AM)Sleepy Owl Wrote: [ -> ]Here are the full lyrics with hyperlinks to some relevant supporting material:
http://blog.mises.org/16752/hyperlinked-...hayek-rap/
I love the attention to detail by the writers/producers. Anybody notice who Keynes and Hayek had in their corner during the boxing match? Keynes: Thomas Malthus and John Hicks. Hayek: J.B. Say and Ludwig von Mises.
Attention to detail, and a nice dig too, as probably no one in the history of economics has been discredited more thoroughly than Malthus.