Trudging through the internet in my efforts to understand our economic situation, I discovered a rap video for and by nerds.

It’s a classic, if not well known, tale between two schools of economic and philosophical thought, the Austrian School and the Keynesian School of economics.  So far, John Maynard Keynes theories have been the mainstay of modern economics, but it’s this very theory that has been THE major contributing factor in not only our economic turmoil, but Japan’s for over 20 years.

This really fun music video gets to the gist of the two schools of thought and why Keynes’ theories have led to our current financial problems.

It’s fun, it’s silly… they’re serious.

This entry was posted on Tuesday, January 26th, 2010 at 3:03 am and is filed under The Biz. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.