SUMMER SCHOOL 1: Recessions & Rap Battles
Jul 14, 2022•31 min•Ep. 1553
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
It's macro time! Today: Keynes vs. Hayek.
Season 3 of summer school is here asking the biggest economic questions about what makes an entire economy grow or contract? Things like, is there a "right" level of unemployment? Who gains from trade? What rhymes with 'paradox of thrift'? Also, inflation, we'll get to inflation.
Episode 1 begins with the rise of macroeconomics as a field, with one of the great economic debates of the 20th century: what causes booms and busts, and what can the government do about it? How free should a free market be?
It's a debate (over beats and with an actual rap battle) between John Maynard Keynes and F.A Hayek.
Watch this Tik Tok to learn more. | Subscribe to our weekly newsletter here. | Listen to past seasons of Summer School here. | Listen to our econ songs of the summer on Spotify. |
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Season 3 of summer school is here asking the biggest economic questions about what makes an entire economy grow or contract? Things like, is there a "right" level of unemployment? Who gains from trade? What rhymes with 'paradox of thrift'? Also, inflation, we'll get to inflation.
Episode 1 begins with the rise of macroeconomics as a field, with one of the great economic debates of the 20th century: what causes booms and busts, and what can the government do about it? How free should a free market be?
It's a debate (over beats and with an actual rap battle) between John Maynard Keynes and F.A Hayek.
Watch this Tik Tok to learn more. | Subscribe to our weekly newsletter here. | Listen to past seasons of Summer School here. | Listen to our econ songs of the summer on Spotify. |
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
For the best experience, listen in Metacast app for iOS or Android
Open in Metacast