Russ Roberts has once more improved my week. The new econtalk is an excellent discussion with John Papola on the new Keynes-Hayek Rap-Video. Although they seem to have planned to discuss the video / filming part as well, they mainly stuck to the economic content. So if you need a short presentation of the problems with modern Keynesian economics in one hour, it is a good hour spent. But if you don’t even have the hour, you might try this out for the theoretical background:
And for all of you, that have not seen it yet: here is the new video (including a nice scene with Mike Munger from Duke University as security officer) discussing the political implications of Keynes ideas on the current crisis.