INFOGRAPHIC: Keynesian Economics vs. Austrian Economics:

This infographic is from The Austrian Insider (click here). It gives a short outline of the differences between Keynesian Economics and Austrian Economics.

 

I’ve previously posted these two rap videos about Keynesian Economics vs The Austrian School, featuring F.A. Hayek vs. J.M. Keynes. Listen closely to the arguments from both sides, I forgot how well these were put together.
FEAR THE BOOM AND BUST: KEYNES vs. HAYEK
 
 THE FIGHT OF THE CENTURY: KEYNES vs. HAYEK ROUND II
These are by John Papola and Russ Roberts from Econ Stories.
Go to The Ludwig von Mises Institute at mises.org for more information about the Austrian perspective.

 

 

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