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Hayek vs. Keynes Rap Anthem 'Fear the Boom and Bust' Austrian Economics vs. Keynesian Rap. "Prepare to get skooled in my Austrian perspective!"

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

"Fight of the Century" is the new economics hip-hop music video by John Papola and Russ Roberts at http://EconStories.tv.

Tom Woods calls this article "one of the most interesting and startling articles I have read in a long time."

In 2009, the Organisation for Economic Co-operation and Development (OECD), a think tank sponsored by the governments of 30 of the most powerful capitalist countries and dedicated to promoting free-market institutions, concluded that half the workers of the world -- close to 1.8 billion people -- were working in System D: off the books, in jobs that were neither registered nor regulated, getting paid in cash, and, most often, avoiding income taxes.

Conservative MEP Daniel Hannan shreds Keynesianism in 80 seconds.

Since the dawn of Modernism and the Socialist Era, the western world has experienced a kind of cultural inflation. We have more money than ever, but less purchasing power. We have more laws than ever, but less justice. We have more music than ever, but less harmony. We have more books than ever, but less literature. We have more education than ever, but less common sense. We have more relationships than ever, but less love. More transparency than ever, but less trust.

Crack a cold one and help save the economy!!
Beermakers discuss tax break bill and growth during a recession.

That's what an unlikely pair of political allies believe could be the brew with a bill in Congress that would reduce taxes for small breweries and, they say, create new jobs.

"One of the things which I do not understand is the appalling pessimism within the American Right. I realize that a lot of promoters are cashing in on this pessimism. They get rich by preaching that everything is going to hell in a handbasket. Everything is not going to hell in a handbasket. Communism and Fabian socialism went to hell in a handbasket. Keynesianism is going to hell in a handbasket. Liberty isn't."

URL: (see note below)
http://www.informationweek.com/blog/main/archives/2009/08/oracle_and_the...

Oracle Corporation has 61% of its employees based outside of "the Americas". And yet, the number of US-based employees at the company has gone down less than 1%.

If most of the employees are outside the US, just which country is "stealing the other country's jobs" ?!

[TECHNICAL NOTE - originally posted as a News Story but the prep system says the URL "doesn't seem to be working". When I copy and paste it into my browser, however, it works just fine.]