UGLY BETTY

Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. Visit us at econstories.tv In Fear the Boom and Bust, John Maynard Keynes and FA Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it. Get the full lyrics, story and free download of the song in high quality MP3 and AAC files at econstories.tv Plus, to see and hear more from the stars of Fear the Boom and Bust, Billy Scafuri and Adam Lustick, visit their site www.billyandadam.com Music was produced by Jack Bradley at Blackboard3 Music and Sound Design. It was composed and performed by Richard Royston Jacobs. http **Charging Bull© Arturo DiModica, 1998

"Fight of the Century" is the new economics hip-hop music video by John Papola and Russ Roberts at EconStories.tv. According to the National Bureau of Economic Research, the Great Recession ended almost two years ago, in the summer of 2009. Yet we're all uneasy. Job growth has been disappointing. The recovery seems fragile. Where should we head from here? Is that question even meaningful? Can the government steer the economy or have past attempts helped create the mess we're still in? In "Fight of the Century", Keynes and Hayek weigh in on these central questions. Do we need more government spending or less? What's the evidence that government spending promotes prosperity in troubled times? Can war or natural disasters paradoxically be good for an economy in a slump? Should more spending come from the top down or from the bottom up? What are the ultimate sources of prosperity? Keynes and Hayek never agreed on the answers to these questions and they still don't. Let's listen to the greats. See Keynes and Hayek throwing down in "Fight of the Century"! Starring Billy and Adam from http Visit www.econstories.tv for the full lyrics.

Friedrich Hayek talks about socialism. For all major works on economic calculation see here sites.google.com For a deeper understanding of Hayek's argument on socialist calculation and the knowledge problem see Individualism and the Economic Order in PDF at mises.org Also of interest is the book that inspired Hayek arguments: Socialism by Ludwig von Mises in PDF at mises.org Although a shorter introduction to Mises arguement can be found in Economic Calculation in the Socialist Commonwealth here as PDF mises.org here as you tube video www.youtube.com As a side note; any viewers who have the objection that what Hayek is talking about is not 'socialism' read pages 33, 34 & 35 of the Road to Serfdom for Hayeks clarification of his use of the term. Click link for audio of those pages - www.youtube.com This is an excerpt from a longer interview which can be found here www.vimeo.com

Friedrich Hayek discusses Milton Friedman's Monetarism and monetary policy. For more on Hayek's ideas on monetary policy see Choice in Currency: A way to stop inflation (for a concise summary) at www.iea.org.uk or see The Denationalisation of Money for a more a more detailed proposal at www.iea.org.uk This is an excerpt from a longer interview which can be found here www.vimeo.com

Bernard LEVIN in conversation with economist Professor Freidrich HAYEK. Broadcast: 31st May 1980 at the University of Freiburg.

A love song for economist FA Hayek. Original song by Dorian Electra. Filmed by Clara Lee, Madeline Scholl, and Ciaran Finlayson. Lyrics: Hey there Freidrich Hayek, ya lookin really nice Your methodology is oh so precise You break down social science to the fundamentals Rules and social order are the essentials Chorus: The use of knowledge in society by each of us we make the economy It's not magic that somehow our plans all align The result of human action, not of human design Tell me your thoughts on resource misallocation Distorted price signals and misinformation Interest rates that are made artificially low Telling producers where resources should go Chorus Since these low interest rates, like you said, are lies Malinvestments come as no surprise Soon these mistakes will all be revealed and then corrected, unless they're concealed Chorus Sometimes I dream all day 'bout bein' Mrs. Hayek We'd share milkshakes, watch sunsets, and kayak We'd work together on that business cycle theory Oh darlin' you've been workin' hard, you must be weary Come to my couch, on which you can rest I'll make tea, we'll talk credit and interest Then I can talk about my interest in you Of course we'll talk 'bout the economy, too Just me and you (x2) Me and You Oh, oh Me and You (Red FA Hayek poster at 0:14 designed by LibertyManiacs www.zazzle.com ) Featured Books: "Individualism and Economic Order"-FA Hayek www.press.uchicago.edu "The Road to Serfdom"-FA Hayek www.press.uchicago.edu

A conversation between distinguished legal scholar Robert Bork and Nobel Prize winning economist Dr. FA Hayek. Entire interviews are now available here: hayek.ufm.edu Excerpt from von Hayek, Friedrich & Robert Bork www.ideachannel.com

Friedrich Hayek discusses Keynes and his influence on a Britain facing economic difficulties. For Hayek's critiques of keynesianism see his book; A Tiger by the Tail: The Keynesian Legacy of Inflation which can be found in PDF at sites.google.com The Pure Theory of Capital can be found at the same above link as Tiger by the Tail. This is an excerpt from a longer interview which can be found here www.vimeo.com

Speaker(s): Professor George Selgin, Professor Lord Skidelsky, Duncan Weldon, Dr Jamie Whyte Chair: Paul Mason Recorded on 26 July 2011. How do we get out of the financial mess we're in? Two of the great economic thinkers of the 20th century had sharply contrasting views: John Maynard Keynes believed that governments could create sustainable employment and growth. His contemporary and rival Friedrich Hayek believed that investments have to be based on real savings rather than fiscal stimulus or artificially low interest rates. BBC Radio 4 will be recording a debate between modern day followers of Keynes and Hayek. George Selgin is Professor of Economics at The Terry College of Business, University of Georgia. Selgin is one of the founders of the Modern Free Banking School, which draws its inspiration from the writings of Hayek on the denationalization of money and choice in currency. He has written extensively on free banking, the private supply of money and deflation. George Selgin is the author of The Theory of Free Banking: Money Supply under Competitive Note Issue (1988), Less Than Zero: The Case for a Falling Price Level in a Growing Economy (1997), and Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage (2008). Robert Skidelsky is Emeritus Professor of Political Economy at the University of Warwick. His three-volume biography of the economist John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel ...

Friedrich A. Hayek interviewed by John O'Sullivan in 1985. Friedrich August von Hayek (1899-1992), was an Austrian-born economist and philosopher known for his defence of classical liberalism and free-market capitalism against socialist and collectivist thought. He is considered by some to be one of the most important economists and political philosophers of the twentieth century. Hayek's account of how changing prices communicate signals which enable individuals to coordinate their plans is widely regarded as an important achievement in economics. Hayek also wrote on the topics of jurisprudence, neuroscience and the history of ideas. Hayek is one of the most influential members of the Austrian School of economics, and in 1974 shared the Nobel Memorial Prize in Economics for his "pioneering work in the theory of money and economic fluctuations and [his] penetrating analysis of the interdependence of economic, social and institutional phenomena." He also received the US Presidential Medal of Freedom in 1991 from president George HW Bush. Hayek lived in Austria, Great Britain, the United States and Germany, and became a British subject in 1938. He spent most of his academic life at the LSE, the University of Chicago, and the University of Freiburg. (Source: Wikipedia) Biography of FA Hayek mises.org Selected online books and essays by FA Hayek: The Road to Serfdom www.atlasusa.org Intellectuals and Socialism mises.org Individualism and Economic Order mises.org Tiger by the ...