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Keynes vs. Hayek Rap Battle

1/26/2010 4:32:49 PM

Tags: Politics, Arts, rap, economics, John Maynard Keynes, Friedrich von Hayek, Marginal Revolution, Bennett Gordon

When two dead, white economists rap battle, the result is actually pretty good. The song imagines a night out with John Maynard Keynes and Friedrich von Hayek, brought back from the dead to argue about politics and party. The lyrics by producer John Papola and Russ Roberts, a professor at George Mason University and host of the Econtalk podcast, don’t shy away from the nuts-and-bolts of economic theory, touching on aggregate demand, devalued capital, and the paradox of thrift. There are also some great insults including this one by Hayek: “So sorry if that sounds like invective, prepare to be schooled in my Austrian perspective.” 

(Thanks, Marginal Revolution.)



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