Fight of the Century: Keynes vs. Hayek (VIDEO)

According to the National Bureau of Economic Research, the Great Recession ended almost two three years ago, in the summer of 2009. Yet we’re all uneasy. Job growth has been disappointing. The recovery seems fragile. Where should we head from here? Is that question even meaningful? Can the government steer the economy or have past attempts helped create the mess we’re still in?

In “Fight of the Century”, Keynes and Hayek weigh in on these central questions. Do we need more government spending or less? What’s the evidence that government spending promotes prosperity in troubled times? Can war or natural disasters paradoxically be good for an economy in a slump? Should more spending come from the top down or from the bottom up? What are the ultimate sources of prosperity?

Keynes and Hayek never agreed on the answers to these questions and they still don’t. Let’s listen to the greats. See Keynes and Hayek throwing down in “Fight of the Century”!

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Comments
3 Responses to “Fight of the Century: Keynes vs. Hayek (VIDEO)”
  1. Bobbi Swann says:

    Ivent – read the article and the more I read the angrier I got. The editor is getting a letter from me!

  2. Ali says:

    They are jealous because WE THE PEOPLE will give our lives for our freedom, while they droole over their kings and queens. The dictators have gold facet fixtures while the children die from malaria and starvation. We come to the aid of people in need. We are THE MOST CHARITABLE country in the world, without being told to do so. F#$$ the N.Y.Times. Our gov’t only helps those w/oil and lets others massacre their citzens. I’m sure KGB Putin ‘s election was fair, just like there’s a santa and a tooth fairy, hee-hee.

  3. lvent says:

    Now here is a revelation for all…Here is a link to a NY TIMES ARTICLE from FEBRUARY 6 ,2012… that talks about how the WORLD is sick of our hard to amend U.S. CONSTITUTION…AND WANT TO REPLACE IT….SO, THE NEW YORK TIMES IS EITHER SHOWING HOW OR ARE THEMSELVES PUSHING THIS EVIL…. NEW WORLD ORDER, COMMIE NAZI AGENDA…CHECK IT OUT FOLKS…I WOULD SEND THE NEW YORK TIMES A NASTY LETTER AND TELL WE THE PEOPLE DO NOT GIVE A RATS ASS ABOUT WHAT THE WORLD THINKS OF OUR U.S. CONSTITUTION…BECA– USE THE UNITED STATES CONSTITUTION IS THE GREATEST DOCUMENT EVER CREATED AND DRAFTED INTO LAW BY MEN IN THE HISTORY OF THE WORLD….AND THESE NWO GLOBALIST NAZI COMMIES HATE IT BECA– USE THEY ARE JEALOUS OF THAT LEGAL PROTECTION THAT WE THE PEOPLE WERE GIVEN BY OUR FOUNDING FATHERS…AND THEY WISH TO DECEIVE THE AMERICAN PEOPLE IN ORDER TO STEAL OUR NATIONAL SOVEREIGNTY……AND OWN US UNDER THE GUISE OF LIES….THESE NWO NAZI COMMIE GLOBALISTS ARE A GIANT UNCONSTITUTIONAL AND ILLEGAL FRAUD……THE U.S CONSTITUTION AND OUR U.S. BILL OF RIGHTS AND OUR… RIGHT TO BEAR ARMS IS THE ONLY THING STANDING BETWEEN US AND THESE NWO GLOBALIST NAZI COMMIES EVIL END GAME PLAN FOR GLOBAL COMMUNIST TOTALITARIANISM…. THEREFORE….. …..I WISH TO GIVE THE MIDDLE FINGER RIGHT NOW TO THE NEW YORK TIMES IF THEY AGREE WITH THIS OR ARE PUSHING THIS EVIL AGENDA FOR AMERICA…. AND THE NWO GLOBALIST NAZI COMMIES AND THEIR ENTIRE EVIL AGENDA FOR MANKIND AS WELL…MAY THEY ALL BURN IN HELL..!!……….NATIONAL SOVEREIGNTY UNDER THE U.S. CONSTITUTION AND THE U.S. BILL OF RIGHTS WILL PREVAIL….!! GOD BLESS AMERICA….!!!
    http://www.nytimes.com/2012/02/07/us/we-the-people-loses-appeal-with-people-around-the-world.html

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