As I've probably mentioned before on this blog, Hayek and Keynes were personal friends but intellectual rivals.
Video producer John Papola and economics professor Russ Roberts teamed up and did a nice job on this video, now over a million hits on youtube.
More information, lyrics and many relevant links here:
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.Glad to see more attention on Hayek.
More here on the totally relevant credit and real estate cycles which are the ultimate in booms and busts.