Economics @ ITT

A Free (Rigged) Market is Good for Everyone Except 99% of Americans

Posted in economics by ittecon on September 16, 2013

A nice piece by Paul Buchheit.

Free-market libertarians go to outrageous exremes to convince themselves and others of the infallibility of the market. Even when opposing evidence smacks them in the face, they conjure up sound bites that seem vaguely convincing but are in reality meaningless. Here are some examples.

via A Free Rigged Market is Good for Everyone Except 99% of Americans.

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“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem

Posted in class materials, economics, Humour, Keynesian Economics, macroeconomics by ittecon on May 5, 2010

This has been around for a bit, but it is topical to this week’s material.