1. View the twoEconStoriesvideos depicting the debate between John Maynard Keynes and F. A.Hayek provided below, or you can click the following links to view in a separate browser window:

1. 1. Fear the Boom videohttp://www.youtube.com/watch?v=d0nERTFo-Sk and
   2. Fight of the Century videohttp://www.youtube.com/watch?v=GTQnarzmTOc

PROMPTS:

• What are the major differences between Keynes' and Hayek's beliefs about the macroeconomy?
• Which macro theory do YOU think "best" tells the story of the macroeconomy?