Keynes vs. Hayek

Part II of the epic rap battle of the world’s greatest economists is out, and it is better than ever. The videos are a great way to learn about the two competing theories, Austrianism (Hayek) and Keynesianism (Keynes). Economists today generally follow a pseudo-Keynesian model (Keynesianism in its pure form requires much heavier expenditures, less…

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In Pursuit of Virtue – 03/21/11 Edition

Why do I get the feeling that I am singing the same old tune all of the time…? Last week, a prediction of mine came closer to being true, where the federal government extends itself beyond the 4th Amendment into the realm of civil law, by seeking a law whereby a person infringing copyright can…

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