KEYNES VERSUS HAYEK:
POWERPOINT AND VIDEO
We were very fortunate last week to hear a spirited discussion between two very talented and nationally renowned economists/entrepreneurs, Atul Minocha and Jerry O’Driscoll. The two presented very different perspectives on rejuvenating our weak economy that we characterized as “Keynes versus Hayek”.
Indeed, Atul “Keynes” Minocha argued that the current deficit is not our most serious problem, instead recommending more targeted stimulus spending on education and infrastructure. Jerry “Hayek” O’Driscoll stressed that the national deficit, now over $17 trillion, must be addressed through real austerity measures—which, despite protestations to the contrary—virtually no country has implemented.
In the past many of you have asked if we could videotape the discussions and make them available. Thanks especially to Atul, today we are able to: (1) Post the entire PowerPoint Jerry and Atul used; and, (2) To post the video of the discussion and then the Q&A session. Let’s see how that works.
In addition, for your viewing pleasure, here is a “rap” video entitled, “Hayek and Keynes”, that you may also appreciate.
Lots of work by our crack NSF team to make this happen. Let us know how you like the product.
First, here are the PowerPoint presentations:
Jerry O’Driscoll wishes to acknowledge Juan Carlos Hidalgo of the Cato Institue for his slides.
And here is the video of the two presentations
Followed here by the video of the Q&A session
And, finally, the Hayek-Keynes “rap” video: