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The Hamish V Austrian Econmist Rap

Here is a great little video showing Hamish and fellow Bull followers views V the Bears on this site. Enjoy:

http://www.youtube.com/watch?v=d0nERTFo-Sk&feature=related


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

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I think you missed a C out of your title icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Hamish are you really a Kenysian or are you going to come over to the Austrian Economics school side?
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

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  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    brit1234 wrote: »
    Hamish are you really a Kenysian or are you going to come over to the Austrian Economics school side?

    It's complicated.

    But at least I can spell Keynesian......
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I posted this a while ago and got no response. Clearly neglected to make it about Bulls and Bears :p

    Great video though. 'So sorry my friend if this sounds like invective, prepare to be schooled in my Austrian perspective' cracks me up every time :D
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Masomnia wrote: »
    I posted this a while ago and got no response. Clearly neglected to make it about Bulls and Bears :p

    Great video though. 'So sorry my friend if this sounds like invective, prepare to be schooled in my Austrian perspective' cracks me up every time :D

    Sorry I missed. :(

    There is a big reasurgance in Austrian Economics at the moment despite unversities failing to teach it. You have ecomomic stars such as Ron Paul and Peter Schiff bringing it to the main stream now at least.

    With the election coming we have a good chance of getting an Austrian in either George Osborne or Vince Cable.

    Any as Hamish says its complicated below is the making of the video explaining some of the issues.

    http://www.youtube.com/watch?v=eBzXpH3Tjo0
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

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  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    brit1234 wrote: »
    Sorry I missed. :(

    There is a big reasurgance in Austrian Economics at the moment despite unversities failing to teach it. You have ecomomic stars such as Ron Paul and Peter Schiff bringing it to the main stream now at least.

    With the election coming we have a good chance of getting an Austrian in either George Osborne or Vince Cable.

    Any as Hamish says its complicated below is the making of the video explaining some of the issues.

    http://www.youtube.com/watch?v=eBzXpH3Tjo0

    It's an interesting debate, to be sure. When the government came out with all the bail outs and borrowing as a stimulus their justification was that it was all sound Keynesian economics (leaving aside that they didn't save in the boom years as I believe Keynes advocated), so it must be ok.

    I suppose we'll just have to see a few years down the lines just how much malinvestment there has been!

    I have to say watching that video and reading about the Austrian School's arguments did make me reassess things.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • brit1234
    brit1234 Posts: 5,385 Forumite
    pixel-vfl3z5WfW.gifimages?q=tbn:ANd9GcTjeWg5es_-6WfDgRuwNx8uczK_R5xhhDEAYqGuUnPcxylQ1m95
    Fight of the Century:
    Keynes vs. Hayek Round Two


    Part 2 of the Keynes bashing rap is out: :D

    This is the British economist (Keynes) who all the Economic so-called masterminds who got us into this mess quote including the cringe worthy Edd Balls. Hayek was the economist who ripped apart Keynes flawed arguments but failed to attack Keynes final works, regretting it on his death bed as Keynesian economics came mainstream.

    2nd Rap battle below:

    http://www.youtube.com/watch?v=GTQnarzmTOc&feature=player_embedded

    Zimages?q=tbn:ANd9GcRZj3Yp-VVU7kQT2pEGQ0WubH8cV3_XsI1VyEhdjt_FyTpfdrpqHA
    images?q=tbn:ANd9GcSKlfkZ0AplX65TsymwQ0vzO68%21%21%21y4DABr3e4kjhexvGZGFRi0
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

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  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 28 April 2011 at 9:12PM
    poor Brit.... at least he tries hard
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Cheers Brit. Didn't enjoy it as much as the first one, but still good nevertheless. I wish economics was taught like that when I studied it.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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