Fight of the Century: Keynes vs. Hayek Round 2

I know it has made the rounds already, but really, it's that good.  (I couldn't help but notice that its production values are better than those of a much maligned, but nonetheless entertaining, movie I'd seen lately.)

It really is very, very clever.

Note the end result of the bout: Who wins and who is declared the winner by the government and acknowledge by the press? Even Keynes is surprised by the declaration!



You bail out the losers, there's no end to the cost! 

My favorite touch is the cornermen: Ickes (?), Malthus, Say, and Mises.

The civility of discourse is simply delightful against the background of what I generally find to be ugly yelling to rhythmic base line. The boxing - not to mention dancing! - economists are priceless.

Comments

Post a Comment

Popular posts from this blog

Plainsies, Clapsies

A ball bouncing game from my youth instructed the player to throw the ball up ( plainsies ), throw it up and clap ( clapsies ) throw it up and roll your hands ( roll the ball ) and touch your shoulders ( tabapsies ). In trying to locate the rest of the ball bouncing chant, I found out not only is my “tabapsies” a mondegreen , but also the motion – touching your shoulders – isn’t even the correct movement! You are supposed to clap your hands behind your back and say “ to backsies .”  Yeah. That makes much more sense. Being only slightly deflated by this discovery, I will still share my exciting news.  In an attempt to counteract the stretching of my wrist from doing front squats two days in a row, I pulled out the tabapsies motion this morning.  This, in itself, is not newsworthy.  However, I grabbed both shoulders with all five fingers!!! Again, not exciting unless you know that when I was nine years-old, I broke my left elbow doing a running cartwheel; the repai
Read more

Memorizing the Preamble to the Constitution

Image
In preparation for celebrating the 222nd anniversary of the signing of the Constitution of the United States on September 17, 1787, here are a few videos that I hope will inspire you to at least memorize the brief, but powerful Preamble. First, here is my first attempt at video editing with the bare bones Windows Movie Maker (no ability to step through frame by frame with sound, or ability to mark stops before cutting). My daughters are reading the Preamble to the Constitution from the little book I carry in my purse. They can recite it by heart, but it I thought it would be a little different (and a little less exposed) if they did it this way. Let's not even talk about the 20 takes due to laughter. If you knew it as a child, don't worry, it'll come back to you as Barney shows in this video. Finally, a little treat for my sci-fi loving friends. And if memorizing and reciting The Preamble in creative ways leaves you wanting more, you can find out which Founding Father you&#
Read more

Objectivist Round Up #153

Welcome to this 153 rd  issue of the Objectivist Round Up, a  blog carnival  of posts written by individuals who are advocates of Objectivism : the philosophy developed and defined by Ayn Rand . If you are new to Ayn Rand and would like to discover more about her "philosophy for living on earth", I recommend you read her two great novels, Atlas Shrugged and The Fountainhead . If you know her novels, I recommend her non-fiction starting with The Virtue of Selfishness , and Capitalism: The Unknown Ideal . The Ayn Rand Institute and the Ayn Rand Center for Individual Rights provide relevant information and commentary. Following, in the order in which they were received, are the posts for this Objectivist Round Up. John Drake presents Value dense gardening posted at Try Reason! , saying, “I'm all about getting the most bang for the buck in all my activities - that includes gardening. Picking veggies for the garden is all about finding the greatest value with the l
Read more