freeblrBETA

Economics

Home Economics Video

Fight of the century

by EconStories

Fight of the Century is the new economics hip-hop music video by John Papola and Russ Roberts at EconStories. According to the National Bureau of Economic Research, the Great Recession ended almost two 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!

You might be interested in . . .

Have questions? Get answers!

FREQUENTLY ASKED QUESTIONS

Resources

You can make use of the following text and video to expand your knowledge and understanding of the topic covered in this unit.

A History Of Economic Booms And Busts

An Anti-Capitalism Anarcho-Capitalist

An Orgy Of Innovation

An Individualist Formulation Of Collectivist Property

Are Market Anarchists For Or Against Capitalism?

Are We Better Off If We Buy Local?

Beyond the Boss: Protection From Business In A Free Nation

Can Artists Make Money Without Copyrights?

Capitalism

Comparative Advantage And The Tragedy Of Tasmania

Designing Poverty

Division Of Labour: Burgers And Ships

Does Capitalism Exploit Workers?

Does The Minimum Wage Hurt Workers?

Econ Chronicles: Everything’s Amazing And Nobody’s Happy

Econ Chronicles: Can Capitalism Save Lives?

Econ Chronicles: Foreigners Are Our Friends

Econ Chronicles: Four Ways Economists Think We’re All Wrong

Econ Chronicles: Make Progress, Not Work

EconPop: The Economics Of Back To School

EconPop: The Economics Of Cast Away

EconPop: The Economics Of Dallas Buyers Club

EconPop: The Economics Of Demolition Man

EconPop: The Economics Of Elysium

EconPop: The Economics Of Ghostbusters

EconPop: The Economics Of House Of Cards

EconPop: The Economics Of It’s A Wonderful Life

EconPop: The Economics Of The Hudsucker Proxy

EconPop: The Economics Of The Lego Movie

EconPop: The Economics Of The Shawshank Redemption

EconPop: The Economics Of The Treasure Of Sierra Madre

EconPop: The Economics Of RoboCop

EconPop: The Economics Of WALL-E

Externalities: Market Failure Or Political Failure?

Fair Trade: Does It Help Poor Workers?

Fear The Boom And Bust

Fight Of The Century

Free Markets And Monopoly

How The Division Of Knowledge Saved My Son’s Life

Is Capitalism Moral?

Is Laissez-Faire Capitalism Exploitative?

Is Price Gouging Immoral?

Is The Cost Of Living Really Rising?

Jeff’s Story

Kill Private Capital, Kill Civilisation

Market Prices — Purpose Vs Arbitrariness

Marx As Utopian

McDonald’s And The Minimum Wage

Micro vs Macro Economics

Minimum Wage Business Realities

Minimum Wage Is A Cruel Policy For Poor People

Monopolies In A Stateless Society

On Overcoming Scarcity

On Slavery In A Free Market

Opportunity Costs: The Parable Of The Broken Window

Ownership Of The Product By Capitalists

Private Property Or Possession: A Synthesis

Should You Need The Government’s Permission To Work?

Subjective Value

The Austrian Business Cycle Theory

The Broken Window Fallacy

The Hockey Stick Of Human Prosperity

The Most Dangerous Monopoly: When Caution Kills

The Top Three Myths About The Great Depression

The Truth About Savings And Consumption

The Truth About The Minimum Wage

Three Reasons You Can’t Find A Job

What Are The Myths Of Socialism?

What Is Austrian Economics?

What Is Exploitation?

What Is Free Banking And Why Should I Care?

What Is Property?

What Prices “Know” That You Don’t

Why Does One Percent Of History Have Ninety-nine Percent Of The Wealth?

Did you know that the creator of freeblr is on Minds?

SUBSCRIBE TO THE CHANNEL