Hayek vs. Keynes, Round Two

by Veronique de Rugy

My colleague at the Mercatus Center at George Mason University Russ Roberts and his co-producer John Papola just released their second Hayek–Keynes rap video. The fight today is about stimulus spending. The music and lyrics are wonderful. The whole thing is truly phenomenal and very educational, not to mention clever. Who said economics couldn’t be fun!

And remember, as Hayek says/raps, “Spending isn’t free, that’s the heart of the matter,” and “The economy is us, / We don’t need a mechanic. / Put away the wrenches, / The economy’s organic.”