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Entries in Jim Whitelaw (1)

Monday
Mar082010

Macro-Economics Dance Party Debate

I discovered this video from a friend who linked me to Jim Whitelaw's blog post. I must admit, I have always found macro-economics both confusing and a bit too dry for my liking. However, if you are looking for a 7 minute primer on the differences between Austrian School Theory of Economics and the principles of Keynesian economics. You won't find a more fun lesson.

Frankly, I am more of a free market guy, but it's hard not to want to be a Keynesian after wathcing the video. i mean who doesn't want to grab that bottle of Amaretto the morning after a stock market crash?