Ep. 114 What's Wrong With Keynes, in a Nutshell
Contra Krugman
Tom Woods
4.7 • 822 Ratings
🗓️ 25 November 2017
⏱️ 29 minutes
🧾️ Download transcript
Summary
No Krugman column this week for us; instead we step back and look at the big picture: what exactly do Keynesians get wrong in their understanding of the economy?
Transcript
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| 0:00.0 | Contra Krugman, episode 114. |
| 0:05.8 | Welcome to the podcast that takes apart Paul Kruikman's New York Times column. |
| 0:10.5 | Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the arrows of Krugman. |
| 0:16.4 | Nobel Prize winner, newspaper columnist, and destroyer of nations. |
| 0:20.4 | It's time for Contra Krugman. |
| 0:24.5 | Folks, if you're living in terror of your SJW boss and colleagues, it's probably time to start a |
| 0:30.5 | side hustle online. And as somebody whose self-published books, created a successful podcast, |
| 0:36.4 | been a successful affiliate marketer, and many other |
| 0:38.8 | things, I can tell you step by step what to do. And as a matter of fact, I've done that in my free |
| 0:44.6 | ebook, Five Paths to an Online Income. Check it out at paths to income.com. |
| 0:51.2 | Hey, everybody, Tom and Bob here with another episode of Contra Krugman. Here we are Thanksgiving week. |
| 0:56.4 | We are getting this thing out to you for Thanksgiving. |
| 0:59.4 | Given that it's Black Friday weekend, there is a massive, massive deal going on on the Master Lifetime membership to Liberty Classroom.com where Bob and I and others teach. Bob teaches economics. |
| 1:13.5 | I do history. But it's stuff you didn't learn in school, and you're probably not going to get |
| 1:18.1 | anywhere else in this sort of format that you can listen to while you're driving along. I mean, |
| 1:22.6 | it's unbelievable. So this is the time of year to get it, so don't be a loser. |
| 1:29.0 | Over at LibertyClastroom.com, you will find a massive discount. |
| 1:32.8 | So go check that baby out. |
| 1:34.5 | Now, meanwhile, we are not having a happy Thanksgiving this week in terms of Krugman's columns. |
| 1:39.8 | Oh, you, yoy, yoy, yoy, it really is true. |
| 1:42.2 | The tax plan has become the new health care. It's all the guy talks about. We're done on that subject. We've got other things to do, other fish to fry. The particular fish we're planting to fry today is a guy known as John Maynard Keynes. We're going to do an evergreen episode, stepping back a bit from the issues of the day to look at the ongoing differences |
| 2:03.6 | between Keynesians and members of the Austrian School of Economics. We've got a short time |
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