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Thread: "Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem

  1. #1
    Regular Member
    Join Date
    Mar 2010
    Seattle, Washington, USA

    "Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem

    Okay, You will have to be a bit of a dork to like this, but I figured a handful on hear might.

    If you already know who Hayek and Keynes are then you will probably like this video.
    If you don't then you will probably just think it is stupid and will be wondering what the hell they are talking about, but check it out anyway.
    A wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.- Thomas Jefferson March 4 1801

  2. #2
    Regular Member Dreamer's Avatar
    Join Date
    Sep 2009
    Columbia, in the Peoples Republic of Murderland

    Frederick E. Hayek's book "The Road to Serfdom" should be REQUIRED reading for all citizens.

    J.M.Keynes' theories should only be taught in Economics schools as a lesson in "this is how it SHOULDN'T be done"...

    Keynes' theories were extensions of the theories of Thomas Malthus. The same Malthus who was an ardent eugenicist, influenced Darwin's theory of "natural selection", and helped the British government develop the slums and food distribution plans in London for the factory workers at the beginning of the industrial revolution. He posited that the housing for these workers should be build in the most swampy, wet parts of London and their food supply should be kept at a bare subsistence level, so there would be more disease and illness, thereby keeping them in poor health and limiting lifespan so they would die off before reaching retirement age...

    Keynes was a Fascist of the worst stripe and a eugenicist. He is a "darling" of the Anglo-American "ruling elite" for good reason--his theories validate their continued existence and unbridled expansion of "power over."
    It is our cause to dispel the foggy thinking which avoids hard decisions in the delusion that a world of conflict will somehow mysteriously resolve itself into a world of harmony, if we just don't rock the boat or irritate the forces of aggression—and this is hogwash."
    --Barry Goldwater, 1964

  3. #3
    Founder's Club Member
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    Nov 2006
    Fairfax Co., VA
    Great video!

    (Watch those dork comments, buster. )

  4. #4
    Regular Member Brimstone Baritone's Avatar
    Join Date
    Mar 2010
    Leeds, Alabama, USA
    I laugh every time I see this.

    The problem with Keynes' theories is that under the right circumstances they do work. Short term thinking, in economics or in politics, causes more problems down the road than it solves in the short term.

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