Keynes vs. Hayek, Round II

Cite this Article
Thomas A. Lambert, Keynes vs. Hayek, Round II, Truth on the Market (April 28, 2011),

Another of Russ Roberts’ and John Papola’s brilliant “Keynes vs. Hayek” rap videos is now online.  (If you missed the first one, it’s here.)

Whereas the first video focused largely on monetary policy, this one looks mainly at fiscal policy.  Both are truly masterful.  I’m amazed that Roberts and Papola were able to incorporate so much of the substance of the debates into such short videos.  I’m also amazed at the resemblance between “John S. Papola, MD” (producer Papola’s father maybe?) and Ben Bernanke.  Uncanny.