Battle of the Economic Theories: Paul Krugman v. Ron Paul

Wed, 05/02/2012 - 10:03am | posted by Jason Pye

On Monday evening, saw a battle of two schools of economic thought — Keynesianism and the Austrian school — in a brief battle between Paul Krugman and Rep. Ron Paul (R-TX).

While it wasn’t the educational videos put out by Econstories that have actors playing the parts of John Maynard Keynes and F.A. Hayek giving a defense of these schools of thought, it’s among the closest thing we’ll see to a real debate between the ideals of statism and economic liberty.

H/T: Club for Growth

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  • Tagged: Economics Economy EconStories F.A. Hayek free market Friedrich Hayek Inflation John Maynard Keynes monetary policy Paul Krugman Ron Paul

Krugman is an elitist twit. I’m glad that more people are starting to pay attention to economics because the more people that realize what’s going on the more discredited the Keynesians become.

maninblack's picture
maninblack on Wed, 05/02/2012 - 12:55pm.

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