Posts Tagged ‘Fear’

Deflation? Hyperinflation? What Do I Do?

I completely adore tuning into talk radio stations. It’s hucksterism at its most entertaining – the promoting of fear is palpable and the line in between content and commerical is so blurry I can’t tell if the host is on an economic rant or attempting to sell me on a gold broker. Regardless of whether you think this kind of talk display hosts are the scourge of the earth or a vital supply of talking reality to energy (I’m not in both camp, really), there is one reality that you can get away from all of it: no one knows… Read the whole article...

“Fear the Boom and Bust”: Hayek vs. Keynes Economics Rap

Ever heard the term “Keynesian economics” and wanted to learn more? Here’s a new rap video that explores the competing theories from the Austrian business cycles of Friedrich von Hayek and the interventionist theories of John Maynard Keynes. Yes, I said rap… and it’s actually pretty good! I like the quotes at the end. We’ve been going back and forth for a century [Keynes] I want to steer markets, [Hayek] I want them set free There’s a boom and bust cycle, and good reason to fear it [Hayek] Blame low interest rates. [Keynes] No … it’s the animal… Read the whole article...