A rap video made by George Mason University economist and Planet Money friend, Russ Roberts, and Spike TV executive producer and self described "amateur economic junkie," John Papola, is making its worldwide debut today on All Things Considered with a little help from Alex Blumberg. As Roberts and Papola describe it:
In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it.
The music video may not be ready for the MTV crowd just yet, but thanks to a chance encounter with pop star Ke$ha at our studio here in New York, it now has some street cred. As Ke$ha says, "it's legit, it's really good rapping."
You can hear more about the video on today's podcast and look for more from this creative team at their new website EconStories.