Keynes and Hayek gangsta rap

In "Fear the Boom and Bust," John Maynard Keynes and F. A. Hayek perform a gangsta rap about their competing economic theories:

John Maynard Keynes, wrote the book on modern macro
The man you need when the economy's off track, [whoa]
Depression, recession now your question's in session
Have a seat and I'll school you in one simple lesson

BOOM, 1929 the big crash
We didn't bounce back--economy's in the trash
Persistent unemployment, the result of sticky wages
Waiting for recovery? Seriously? That's outrageous!

I had a real plan any fool can understand
The advice, real simple--boost aggregate demand!
C, I, G, all together gets to Y
Make sure the total's growing, watch the economy fly

"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem (Thanks, Dmiff!)

Previously:

I write books. My latest is a YA science fiction novel called Homeland (it's the sequel to Little Brother). More books: Rapture of the Nerds (a novel, with Charlie Stross); With a Little Help (short stories); and The Great Big Beautiful Tomorrow (novella and nonfic). I speak all over the place and I tweet and tumble, too.

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DonMuraco

Where is the “gangsta” part of all this? Or is that word inseparable from “rap” now?
- Avram / Moderator
  
  Well, maybe the song implies that the rivalry between saltwater and freshwater economists is similar to the east coast/west coast rap feuds of the ’90s?
sapere_aude

Wow. I never realized that Keynes and Hayek had American accents. You learn something new from the internetz every day. ;-)
SkullHyphy

Check out the behind the scenes fr. PBS’ “Newshour.”
http://www.pbs.org/newshour/bb/business/july-dec09/keynes_12-16.html
Anonymous

semi-related: The Coup – Pimps (Freestylin’ at the fortune 500)

http://www.youtube.com/watch?v=-vXurSgwgWU
- anticonnor
  
  I’ve been a big Coup fan for some time… thank your, sir, for the excellent reference. Thank you.
Kennric

Gangsta rap just gets more and more horrifyingly explicit all the time. No wonder our kids are growing up to be economists.
Rindan

“Prepare to get schooled in my Austrian perspective!”

There is a lot to love in that for anyone who studies economics. Sadly, that was easily the most intelligent discussion on opposing responses to crash I have seen in the public debate.
- MelSkunk
  
  Indeed.. I minored in it in my design college (with surly busineess majors who HAD to take it) and I feel the love.
  H-siiiiide ;)
Anonymous

This is so f’in beautiful :D.
tomorrowboy

Holy shit, look at the comments on youtube. People having an actual discussion!
- Itsumishi
  
  Uh Oh. I think this video might actually be some kind of tear in the fabric of the internet. I wouldn’t be surprised if the whole world wide web was destroyed youtube first in coming weeks.