So what do you think? Are we spending way beyond our means in an effort to try to generate a healthier economy? Are we suffering from a spending hangover, the cure to which is nationwide deleveraging and building up savings?
Don't know? Not sure?
Well maybe this old-school hip-hop throw down between John Maynard Keynes and F. A. Hayek can help you decide. Two of the great economists of the 20th century lay down the beats in this production from EconStories.tv
Pay close attention for the appearance of Ben Bernanke and Tim Geithner pouring drinks from behind the bar at The Fed.
Hat tip: Planet Money
tagged: economy, economists, Keynes, Hayek, Bernanke, Geithner, video, YouTube, Tuesday