Keynes vs. Hayek

a legacy reborn

Well-known member
Is anyone here interested in economics? I know that I am :). Anyway, I follow the Austrian school of economics and so these 2 videos interested me, I hope that some of you can find as much value from them as I did. Go Hayek!



Well-known member
I've been studying economics (and investing) at home the past two years. When I heard the arguments from both sides, common sense and my earlier own thinking naturally lead me towards the fiscally conservative side. I think a lot of that has to do with the way you are raised and maybe even how your brain works. People like David Friedman, Peter Schiff, Tom Woods, Robert Murphy, Jim Rogers, Marc Faber, etc just make a lot more sense to me than people like Paul Krugman, Robert Reich, and basically most politicians that blindly follow the Keynesian mainstream principles. Though I wonder if Keynes would actually agree with how his principles are applied in politics today...