Long time readers will remember about a year ago I was asked to speak to the twenty brightest seniors in Virginia Beach about economics, which I was happy to do. The biggest shock to me was when one of them asked me about the difference between Keynesian economics and Austrian economics. Since I was probably a senior in college before I knew about such things, it was a pleasant surprise to hear a high school student ask the question. Hopefully, I gave a cogent answer. Unfortunately, I didn’t have the benefit of a delightful viral video, answering the question by using rap music. For a good time, click on http://www.econstories.tv/home.html.
Enjoy!!