Hyperinflation: Myth or Possibility?
Will the massive increase in money cause hyperinflation? I certainly think that high inflation will come when velocity picks up, however, YouTube user ramzpaul makes a good case that given the way our...
View ArticleF.A. Hayek and John Maynard Keynes Rap Battle
OK, so this is the epitome of economic nerdiness, but admittedly I love it. John Maynard Keynes and F.A. Hayek come back to life to debate whether Keynesian or Austrian economics explain the economy,...
View ArticleAustrian Economics vs. Keynesian Economics: Debate
There aren’t a lot of debates between Austrian and Keynesian economists out there unfortunately, but I was able to dig one up. Here Lord Robert Skidelsky, author of Keynes: The Return of the Master and...
View ArticleMaybe a World War Will Fix the Economy
As I’ve discussed before, it’s common wisdom (i.e. an incredibly stupid thought many people hold) that war is good for the economy. It’s utter nonsense, but unfortunately most economists believe it....
View ArticleTop Ten Economics Debates
10. Ron Paul vs. Charles Partee – 1983: The Gold Standard Congressman Ron Paul has been discussing Austrian economics, the gold standard and the Federal Reserve for a long time now. To prove this, I...
View ArticleKeynes vs Hayek: Round 2
Legendary economists F.A. Hayek and John Maynard Keynes already came back to life to rap-off about business cycle theory in a music video. Now, they’re doing round 2 live (and yes, I am an economics...
View ArticleRon Paul’s Answers at the New Hampshire GOP Presidential Debate
In case you missed it, here are Ron Paul’s answers at the New Hampshire Republican presidential debate. Per usual, he continues to separate himself from the field (a la Rory McIlroy). At the end, when...
View ArticleClik here to view.
Austrians vs. Keynesians: A Case Study
The Keynesian model and the Austrian economic philosophy continue to lock horns. Similar ideas have gone toe to toe for three centuries now trying to explain the business cycle. Thomas Malthus and...
View ArticlePeter Schiff Testifies Before the Congressional Jobs Committee
If you missed Peter Schiff’s testimony before the Congressional Jobs Committee last week, it is a must see. For fans of Schiff, you’ve heard much of this before but it is fascinating to watch the...
View ArticleSh*t Economists Say
So I ran across this amateur YouTube video inspired by the Sh*t Girls Say video the other day. I found it relatively amusing and in my judgement, worth reposting on an economics site:...
View Article
