Ep. 129 Trump's Tariffs Are Bad (and So Is Krugman)
Contra Krugman
Tom Woods
4.7 • 822 Ratings
🗓️ 14 March 2018
⏱️ 43 minutes
🧾️ Download transcript
Summary
Trump's tariffs are bad economics, so Krugman isn't entirely wrong, but his cheerleading for some of the well-known trade agreements needs the gentle correction we're known for on this show....
Transcript
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| 0:00.0 | Contra Krugman, episode 129. |
| 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. |
| 0:20.5 | It's time for Contra Krugman. |
| 0:24.6 | Folks, everybody always thinks the current U.S. President must be the worst, but man is their |
| 0:30.1 | competition for that title. Check out our free course on the presidents and their crimes against |
| 0:35.5 | liberty at freehistorycourse.com. |
| 0:39.4 | Hey folks, Bob Murphy here. |
| 0:41.2 | You may have heard that over the years I've been working in what's called the Infinite Banking |
| 0:45.2 | concept, or IBC. |
| 0:47.2 | And perhaps you wanted to learn more about it, but you thought, I'm just so busy. |
| 0:50.0 | I don't have time for this. |
| 0:51.5 | Well, guess what? |
| 0:52.7 | Nelson Nash, Carlos, Carlos, Laura, and myself, we have a new book out called The Case for IBC. |
| 0:57.9 | It shows how households and business owners can effectively secede from our current banking system. |
| 1:04.9 | Check it out at the case for IBC.com. |
| 1:09.6 | Hello, everybody, Tom and Bob here with another episode of Contra Krugman. |
| 1:13.5 | We're going to be talking about trade today because, boy, oh, boy, is Paul Krugman unhappy about |
| 1:19.2 | steel and aluminum tariffs, which have been the topic of conversation in economic circles |
| 1:24.2 | since Trump announced his intention to impose them. And of course, as you may know, |
| 1:32.2 | the area of economics for which accruedman was awarded the Nobel Prize has to do with international |
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