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Author Topic: Fight of the Century: Keynes vs. Hayek Round Two  (Read 2269 times)
fabianhjr
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April 28, 2011, 06:07:54 PM
 #1

http://www.youtube.com/watch?v=GTQnarzmTOc

What do you think?

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deadlizard
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April 28, 2011, 06:16:06 PM
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Hayek-splosives? we have a 10-66  Grin

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April 28, 2011, 06:25:59 PM
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Awww and I wanted to post this!  Cool

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June 29, 2011, 08:12:07 AM
 #4

I wanted to post this as well, but searched and found it. Every highschool econ class in the US needs to watch this and be tested over the transcript... word...

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June 29, 2011, 08:19:13 AM
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Lets link the first one: http://www.youtube.com/watch?v=d0nERTFo-Sk

The second one is clearly better produced and the music is better, but there is something about the first one that makes me like it more.
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June 29, 2011, 08:29:01 AM
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WOW!

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LokeRundt
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June 29, 2011, 09:56:49 AM
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WOW!


This.  Nice to see the evolution from things like "Auto-tune the news".  Old people bitching and moaning about how "kids these days" only watch music video and are listening too all of that (c)rap. . .beautiful

Hippy Anarchy
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June 29, 2011, 03:12:12 PM
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WOW!


This.  Nice to see the evolution from things like "Auto-tune the news".  Old people bitching and moaning about how "kids these days" only watch music video and are listening too all of that (c)rap. . .beautiful

I am hopeful
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June 29, 2011, 07:20:45 PM
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That Round 2 video is awesome. I really like the part where Hayek talks about planning by a few and planning by the many. Classic
andes
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June 29, 2011, 07:34:26 PM
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The level of the production of the video is incredible. Close to genius in my opinion. +1

Love the scene that shows Bernanke as the godfather/mafioso burning money with his cigar.

Keynes:  "We could have done better had we only spent more, too bad that only happens when there is a world war".  Even today, this seems like a religious conviction for some governments I dont want to name.
SpaceLord
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June 29, 2011, 08:02:07 PM
 #11

The quotes from the end of the first video were awesome:

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." - Hayek

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.” - Keynes

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June 29, 2011, 09:11:04 PM
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there is an online class starting today at the mises academy specifically on this topic, i signed up for it. This is the third class i've taken there, its a very good opportunity to really learn about economics, check it out the class here:

http://academy.mises.org/courses/keynes-krugman-and-the-crisis/
fabianhjr
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June 29, 2011, 09:27:49 PM
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Weird it got all the attention until today.

Eitherway, my favourite part is the "mechanical" part, quantitative easing being a spark and calling war time prosperous times. Hayek Managed those quite easily.

The ending was awesome, this is just brilliant, informative, and compelling.

Alex Thornton
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June 29, 2011, 10:14:09 PM
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Quote
Identification please.

LOL.
kjj
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June 30, 2011, 12:01:49 AM
 #15

Lets link the first one: http://www.youtube.com/watch?v=d0nERTFo-Sk

The second one is clearly better produced and the music is better, but there is something about the first one that makes me like it more.

I know what that something is.  Fake 'staches.

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kjj
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June 30, 2011, 12:06:46 AM
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Oh, and I need to figure out how to get this licensed onto the Touch Tunes network so I can play it in the bar.

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Jaime Frontero
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June 30, 2011, 12:56:16 AM
 #17

amazing.
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June 30, 2011, 08:10:34 PM
 #18

The second part is simply brilliant.

"Creating employment is a straight forward craft, when the nation's at war and there is a draft, if every worker was staffed in the army and fleet we'd have full employment.  And nothing to eat."

serchanto
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June 30, 2011, 08:21:52 PM
 #19

Or this quote:

"The economy is not a car, there is no engine to stall.  No expert can fix it.  There is no "it" at all."

done
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June 30, 2011, 08:38:06 PM
 #20

Very cool
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