Comments (10)

• steve

  I read this was Michael Jackson's favorite song.

  Published: August 25, 2009 4:15 PM

• Bruce Koerber

  What a mentality!

  It is short-run Keynesianism but there is a glitch. We are in the Keynesian long-run!

  The bubble machine is going haywire, the singers are choking on all of the bubbles, the crowd panics and trample each other trying to get out of there. It is not a pretty scene!

  Published: August 25, 2009 6:27 PM

• Adam

  Nice one. Lately I've been thinking of the Fed like some poor scientist working on a perpetual motion machine. As a kid I remember thinking that with enough magnets and ball-bearings, maybe it is possible. Monetarism is similar, they try to make something out of nothing. That's a somewhat generous way of looking at their actions, I guess.

  Published: August 25, 2009 7:52 PM

• Sean

  West Ham United!!! English football fan would know

  Published: August 25, 2009 8:03 PM

• Jeremiah Dyke

  This is too funny!!!! bbbbbubles

  Published: August 25, 2009 8:19 PM

• Jake

  Is the dude on the far left even singing?

  Published: August 25, 2009 10:13 PM

• Abhilash Nambiar

  If did not know how to contact you, but I am sure you read the blogs. This video deserves to be featured in your blog. It is the best one yet from Onion

  http://www.youtube.com/watch?v=TRgRz3nSG7o

  Published: August 25, 2009 10:21 PM

• Renegade Division

  LMAO!
  I swear the guy on the far right looks like Jeffery Tucker!

  Published: August 25, 2009 10:31 PM

• Christopher

  Q: Since the entire world continues to play the Kensynesian game, and there is no alternative country to invest in other than the U.S. Why bother learning and subscribing to Austrian theory?

  Published: August 26, 2009 11:58 AM

• Adam I.

  "Since the entire world continues to play the Kensynesian game, and there is no alternative country to invest in other than the U.S. Why bother learning and subscribing to Austrian theory?"

  Since most of the world still thinks the Earth was created in the last 6000-10000 years, what's the point in studying ancient-Earth theories of geology?

  You do raise a great point though: not enough has been done to apply Austrian thinking to Keynesian fiat money realities. It's become clear that the "hyperinflation is coming!" view popular among many armchair contrarians these days is oversimplified, for example. (It might come eventually, but saying that isn't very helpful.)
  

  Published: August 26, 2009 3:20 PM