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Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!

Radical Discourse · explainer · Watch on YouTube

Macroeconomics & financial crisesMicroeconomics & behavioral economicsMusic performance & songs

What it is

A rap battle in which John Maynard Keynes and F. A. Hayek debate the causes of boom and bust, stimulus, and bailouts. It was produced by Econstories to teach the two schools of thought.

Why Hacker News recommends it

HN recommends it as a funny, accurate and easy primer on Keynesian versus Austrian views of the business cycle.

  • 10 people recommended it
  • 10 different months
  • 3 strong recommendations
  • first 2010, last 2024

What HN commenters said

  1. “it's educational, hilarious and very well done”

    Educational, hilarious, well-done Hayek vs Keynes rap

    Artifex, 2010-06 · Strong recommendation · in “Hayek's Road to Serfdom #1 on Amazon Today”

  2. “Well worth watching if you haven't seen them.”

    Explains the Hayekian view well

    ramanujan, 2011-08 · Strong recommendation · in “United States loses AAA credit rating from S&P ”

  3. “For a hilarious and sharp rap-battle comparison of Keynes vs. Hayek”

    Hilarious, sharp rap-battle comparison of Keynes and Hayek

    wonder_er, 2021-01 · Strong recommendation · in “No one knows how much the government can borrow”

  4. “I think an economic hip-hop video is relevant here”

    Economics rap battle between Hayek and Keynes

    kiba, 2010-01 · Recommendation · in “Paul Volcker: How to Reform Our Financial System”

  5. “this video is a fun and very accurate way to learn about two different views of the business cycle”

    Fun and accurate way to learn two views of the business cycle

    jswinghammer, 2010-10 · Recommendation · in “Things Economists Agree On”

  6. “the Keynes vs. Hayek rap is incredibly well informed about both positions, and it's pretty easy to follow and entertaining”

    Humorous but well-informed, easy to follow comparison of both positions

    lionhearted, 2010-12 · Recommendation · in “Internet start-ups: Another bubble?”

  7. “But i like the rap battle the most :)”

    Favorite take on Keynes versus Austrian school

    afsina, 2015-10 · Recommendation · in “Decline in the labor share of income in the U.S.”

  8. “This hip hop battle is a decent start”

    Decent starting point before reading Keynes and Hayek

    marmot777, 2016-09 · Recommendation · in “Ask HN: What are the must-read books about economics/finance?”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: economics, keynes, hayek, business cycle, rap

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