Watch the Fight of the Century - Keynes & Hayek

From Econ Stories

According to the National Bureau of Economic Research, the Great Recession ended almost two years ago, in the summer of 2009. But the economy is flat and threatening contraction.

The Bureau of Labor Statistics has just released a report that there were mass layoffs in July, employers took 1,579 mass layoff actions in July involving 145,000 workers

Obama’s Keynesian economic policies have been catastrophic failure,The Government seems confused about what to say, much less do, to turn this around.

John Maynard Keynes and F. A. 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.”

-- produced by John Papola and Russ Roberts.