Ep. 117 How Bob Smacked Down Krugman on the Financial Crisis
Contra Krugman
Tom Woods
4.7 • 822 Ratings
🗓️ 17 December 2017
⏱️ 37 minutes
🧾️ Download transcript
Summary
Krugman is claiming that everything he said regarding housing and the financial crisis has been vindicated. The problem, he says, was a general collapse in "demand." Contra Krugman co-host Bob Murphy, on the other hand, has shown in his own writing that in fact the crisis was not caused by a problem with "demand" in general, but with problems in particular sectors, brought about during the inflationary boom.
Transcript
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| 0:00.0 | Contra Krugman, episode 117. |
| 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 Krukman. |
| 0:16.4 | Nobel Prize winner, newspaper columnist, and destroyer of nations. |
| 0:20.4 | It's time for Contra Krugman. |
| 0:24.6 | Folks, if you've ever been interested in self-publishing a book or starting a podcast |
| 0:28.7 | or just learning how to collect affiliate commissions while you're sitting on the beach, |
| 0:33.0 | I have lovingly crafted for you a free step-by-step e-book on how to monetize your time online based on my own experience. |
| 0:41.8 | Check it out at paths to income.com. |
| 0:45.2 | Hey folks, Lara Murphy Report is a monthly publication that Carlos Lara and I put out, |
| 0:49.7 | looking at the financial markets from the perspective of Austrian economics. |
| 0:53.4 | In our latest issue, we cover |
| 0:54.8 | the GOP tax plans in some depth. I think you're going to be surprised by what we found. Also note |
| 0:59.9 | that we had a glitch with the sign-up process, but we fixed that now. So for free sample issues, |
| 1:04.6 | as well as signing up for the Laramurf Report, go to contra Krugman.com slash L.M.R. Hey, everybody. Tom and Bob here. Another episode of Contra Krugman.com slash LMRMR. |
| 1:11.8 | Hey, everybody. Tom and Bob here, another episode of Contra Krugman. |
| 1:14.9 | We got a blog post for you this week, but it's a juicy one, and it's one where we just got Krugman dead to rights. |
| 1:21.5 | And by we, of course, I mean my co-host, Bob Murphy here, who's done so much on the topics that are covered in this post, |
| 1:29.5 | it's like Krugman was giving you a gift for this season, right? |
| 1:34.5 | He was giving you a gift of a post that you could just smash like a pinata. |
| 1:39.1 | Let's just call it a holiday present. |
| 1:40.7 | We don't want to assume anything. |
... |
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