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Macroeconomics 1: Recessions & Rap Battles

Planet Money Summer School

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Kaines and Von Hyek - A Comparison of the Two

John maynard kanes was one of the most famous economists who ever lived. Kaines presented his ideas in his book, the general theory of employment, interest and money. In it, he lays out his philosophy about the role the government should play in an economic crisis. The debate kicked off something called the cansian revolution. It also got to push back from a austrian economist named friedrich von hyek. They used a rap battle that was going viral at the time between canes and hyak,. i had been written to kind of summarize the fundamentals of macro economics.

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