Keynesians v. Austrians on The Simpsons

January 14th, 2013

Mr. Burns assembles a team of distinguished economists to determine the appropriate rate hike. He pins plausibel rates on their backs. To decide, he will use “unfettered free-market principles to arrive at a number.” Of course, Burns (as he often does) releases the hounds. The hounds proceed to chase and maul the economists.

And–the best part. Burns quips: “Notice how the Keynesians climb trees, while the Austrian school economists clime rocks.”

Awesomeness.

Austrian School of Economics mentioned on The Simpsons from Harrison Fischberg on Vimeo.

I would note that this scene is somewhat reminiscent of the Bailout game on South Park.

H/T Steve H. on Facebook.