Round 2: Keynes v. Hayek, wRapping Around the Big Debate in Economics

It’s Keynes v. Hayek, Round II. For those who urge our politicians “to do something” Keynes is always eager to provide the prescription. But as Hayek reminds us Keynesian solutions are always wrong since they are predicated on a pretence of knowledge about the complexity of our economy.

Enjoy.







By the way, the tireless Russ Roberts of George Mason University, with is knack for the viral video, proves once again he is a marketing genius!  

About Karl Marx

Left wing libertarian conservative.