Tuesday, December 8, 2009

Austrian vs Keynesian Economics Explained in simple terms

Keynesian vs Austrian Economics Explained is an Entry for the Fraser Institute Student Video Contest of 2009 under the title "Letting Be"
"Letting Be", creatively examines the question "What is the appropriate role of government in the economy?"
Presented in this video are two of the main competing economic theories of our time, one founded on the concept of government intervention, the other on the principle of economic freedom.
A special focus is placed on illustrating how our lives are severely affected by the choice between the two.





Labels:Peter Schiff ,Ron Paul






Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.


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