Fight of the Century: Keynes vs Hayek Round Two

These Hayek – Keynes videos are hilarious (hat tip Barry Ritholtz). This one is called "Fight of the Century" – sort of like Marvelous Marvin Hagler against Sugar Ray Leonard. I guess it’s supposed to be about duelling economic philosophies in the face of global economic turbulence.

Enjoy.

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Watch for the Bernanke look alike (who is actually the video’s producer) yukking it up with a bunch of fat cats at the poker table just after the 5 minute mark. Pretty funny, all around. Of course, it was produced by economists aligned with von Hayek, so watch it with that in mind. I think it does a good job of presenting both sides though.

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P.S.: Here is he first video in case you missed it. It’s called "Fear the Boom and Bust".

P.P.S – Here’s the Wikipedia entry for the real fight of the century.

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