Economics Meets Pop Culture

Russ Roberts, Professor of Economics at George Mason University, released the first of several videos planned for EconStories.TV. This creative video features two of the great economists of the 20th century, John Maynard Keynes and F.A. Hayek, break out in a rap – “Fear the Boom and Bust.” While it scores high on the entertainment factor, it also brings to light why there is a “boom and bust” cycle and what it does to the economy.