We’ve been going back and forth for a century
[Keynes] I want to steer markets,
[Hayek] I want them set free
There’s a boom and bust cycle and good reason to fear it
[Hayek] Blame low interest rates.
[Keynes] No… it’s the animal spirits
Experiencing Russ Roberts‘ latest media venture is only comparable to watching the Office. It makes me want to crawl into a dark, noiseless place. The difference is that after the TV series, I am always comforted knowing that it is fiction and meant in jest. I don’t get the same feeling after “The Hip Hop Macro Anthem” (letting slip an analysis of the title). In the Office, Ricky Gervais’s David Brent thinks he is smart, attractive, and popular, but because every attempt at getting recognition from his peers fails, because his words and actions are always followed by awkward silence, he and we known that he is none of those things. Does Russ Roberts’ know this isn’t smart, or attractive or popular?
Paul Solman of PBS has covered the topic, but I don’t think he finds it cool either…
updated 27th January 2010…