December 6, 2012 12:44PM 

# A Perfect Holiday Album for the Keynesians on Your Christmas List 

By [Daniel J. Mitchell](https://www.cato.org/people/daniel-mitchell) 

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I’m understandably partial to [my video debunking Keynesian economics](http://danieljmitchell.wordpress.com/2009/04/10/keynesian-economics-is-wrong/), and I think this [Econ 101 video from the Center for Freedom and Prosperity](http://danieljmitchell.wordpress.com/2011/11/28/notwithstanding-media-coverage-of-black-friday-consumer-spending-does-not-drive-economy/) does a great job of showing why consumer spending is a consequence of growth, not the driver.

But for entertainment value, this very funny video from Econ​Sto​ries​.tv puts them to shame while also making important points about what causes economic growth.

The video was produced by John Papola, who was one of the creators of the [famous Hayek v Keynes rap video](http://danieljmitchell.wordpress.com/2010/01/26/another-video-for-me-to-envy/), as well as its [equally clever sequel](http://danieljmitchell.wordpress.com/2011/04/28/the-long-awaited-second-installment-of-the-hayek-v-keynes-rap-video/).

##### Related Tags 

[General](https://www.cato.org/general), [Government and Politics](https://www.cato.org/government-politics), [Tax and Budget Policy](https://www.cato.org/tax-budget-policy) 

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