Thursday, December 30, 2010

"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem

One of the best videos I have seen on Austrian vs. Keynesian economics:


They are also making a sequel:


Actually, what we see implemented today is not even Keynesian economics. Hayek confirms this, particularly at the end of these two interviews:



So, if even Keynes would disapprove of Keynesianism and the current policies in the US and Europe are not Keynesianism, what are they? Gerald Celente calls them exactly what they are - fascism:

Duck Tales Inflation Lesson

Even kids know the current system is wrong.

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Bulgaria
I hold a B.A. in Economics from the American University in Bulgaria.

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