Keynes vs. Hayek Round Two
Fight of the Century is the new economics hiphop music video by John Papola and Russ Roberts at According to the National Bureau of Economic Research, the Great Recession ended almost two years ago, in the summer of 2009. Yet we re all uneasy. Job growth has been disappointing. The recovery seems fragile. Where should we head from here Is that question even meaningful Can the government steer the economy or have past attempts helped create the mess we re still in In Fight of the Century, Keynes and Hayek weigh in on these central questions. Do we need more government spending or less What s the evidence that government spending promotes prosperity in troubled times Can war or natural disasters paradoxically be good for an economy in a slump Should more spending come from the top down or from the bottom up What are the ultimate sources of prosperity Keynes and Hayek never agreed on the answers to these questions and they s
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