Economics: John Maynard Keynes vs. Friedrich von Hayek
I heard about this video a while back, an education on the two economic theories that influence political decisions, that is John Maynard Keynes vs. Friedrich von Hayek theories. Adherence to one or the other falls along party lines: Democrats tend to be pro-Keynes, who theorized that too much saving makes for a stagnant economy and if the economy stalls, the government may have to intervene to