Tag Archives: russ roberts

Hayek vs. Keynes, Round Two

Russ Roberts and John Papola are at it again. Last year they made a rap video starring F.A. Hayek and John Maynard Keynes. It garnered over 2 million views, many of them in economics classrooms. Today, they release the sequel. Check it out.

The Wealth of Nations Turns 235

Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations was published 235 years ago today.

Over at Cafe Hayek, Russ Roberts links to a few short resources about that long, long book (which I nonetheless recommend reading). Worth checking out.

From Poor and Sick to Healthy and Rich

Via Russ Roberts, this is an amazing video. I’m always impressed with creative, compelling ways to use data to tell a story. And this story is one of the most important in human history: how most of humanity went from being poor and sick to healthy and rich in just 200 years.

There is still a ways to go. But if past is prologue, I’m optimistic about the future.

The Real Cost of TARP

Russ Roberts nails it over at Cafe Hayek:

Please remember that the cost of the TARP isn’t the cost to taxpayers. Even if banks paid back every single penny, the cost of the TARP is that it reduces current and future prudence.

Crony Capitalism shouldn’t Be Confused with the Real Thing

Russ Roberts has a short appreciation of F.A. Hayek in today’s Wall Street Journal (subscription required). Worth reading, especially if you are new to Hayek.

Russ Roberts Interview

PJTV has an 11-minute interview with Russ Roberts. It’s mainly about the making of the Keynes vs. Hayek rap video. But he also has some wise words to say about the strained relationship between economists and the public. Popularization is both important and neglected.

Worth watching, even if you’re not an economist. Heck, especially if you’re not an economist.

Hayek vs. Keynes Rap Video

The first project from EconStories. tv debuted today. It’s a rap video starring John Maynard Keynes and F.A. Hayek, called “Fear the Boom and Bust.” Amusing and deadly serious at the same time.

On a related front, Pete Boettke and Steve Horwitz have a new paper out applying a Hayekian view to the latest boom-and-bust cycle. It’s titled “The House that Uncle Sam Built,” and it’s worth reading.