The Keynes-Hayek rap

If you follow the economics blogopodcastisphere at all, you have probably run into The Keynes-Hayek Rap, which, as the Planet Money podcast explains, emerged from a professional video producer’s response to economist Russ Roberts’s online presence. Pop superstar Ke$ha approves!

On the one hand, the video demonstrates the pedagogical potential of YouTube: even for teachers who resist its Hayekian slant, the video could prompt excellent conversation about Keynes, Hayek, and the video’s representation of their views. On the other hand, I doubt a mediocre version of the same video would be similarly useful; I hypothesize that the video’s pedagogical utility stems largely from its professionalism. Few of us have access to the resources of talent needed for such a project. To me, the video stands as a sign of YouTube’s potential as an academic medium and a reminder that we don’t realize that potential easily.