Tuesday, January 26, 2010
Now popping up everywhere is this very educational and entertaining EconStories video that looks back at the century long debate between economists John Maynard Keynes and Frederick Hayek, a debate that has never been as pertinent as it is today.
It's got a very catchy little hook - "We've been going back and forth for a century. I want to steer markets (Keynes) and I want them set free (Hayek). There's a boom and bust cycle and a reason to fear it..."