Monday, February 13, 2012

Economics 101

Previously I have written about Economics (What is an Economy?), but the good folks over at EconStories.tv have made econ education about as fun and entertaining as can be hoped for. Artfully produced and suffused with humorous caricatures of both the Keynsian and Austrian theories of economics, EconStories.tv two rap videos about Keynsian vs Austrian economics succeed at introducing viewers to the premises of these two great competing theories of economics.  What isn't humorous, however, is the implications of each.

The first installment is titled Fear the Boom and BustFear the Boom and Bust


The sequel is titled Fight of the Century. Fight of the Century



Which way will you choose? More 'top down' or, 'bottom up'?






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