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The Tom Woods Show

Ep. 1349 What's So Extreme About Socialism?

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 25 February 2019

⏱️ 39 minutes

🧾️ Download transcript

Summary

Bob Murphy and I discuss the view, apparently now mainstream on the left, that socialism has been unjustly demonized, and that it would be quite all right to have the federal government in direct control of fully one-third of the economy. We’re not so sure this is such a super idea.

Show notes for Ep. 1349

Transcript

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0:00.0

The Tom Woods Show, episode 1349.

0:03.5

Prepare to set fire to the index card of allowable opinion.

0:08.1

Your daily dose of liberty education starts here, the Tom Woods Show.

0:14.6

Folks, make 2019 the year you finally start that side hustle online.

0:18.5

I can't tell you how many knuckleheads are out there cleaning up online,

0:21.8

and you are smarter than a knucklehead. Go grab my free ebook based on my own experience in doing

0:28.3

precisely this over at Paths to Income.com. Hi everybody, Tom Woods here. Today, I am doing something I have not done

0:37.0

in over two years. I'm taking an episode of what I call my sister podcast, Contra Krugman, which I host once a week with Bob Murphy, and we critique a New York Times column by Paul Krugman. And I'm making it into an episode of the Tom Wood Show. Now, some of you who listen to Contra Krugman regularly will have heard this episode already. I think it bears hearing again, but of course, I also have 1348 other episodes you can entertain yourselves with today if you prefer not to hear it again. But this is an opportunity for my regular listeners to get a sample of Contra Krugman,

1:13.0

and I'd like them to have that chance, because lately we've been doing some really great ones,

1:17.5

and Bob and I have been having a lot of fun together. So that's what I'm doing for today's episode.

1:22.7

So here we go. I have stripped out the beginning and ending music for Contra Krugman and given you just the substance.

1:30.7

So get ready. We're going to have some fun.

1:33.9

Hey, everybody. It's Tom and Bob. Back again with another episode of Contra Krugman.

1:38.6

And this time, even though we're recording this in, I guess, the very beginning of the third week of January,

1:45.2

all the same. We are reaching back about a month back into 2018 to pull out a column from Krugman

1:52.5

that's just too rich to leave uncommented on. And it's one of these things where lately Krugman

1:59.3

has, he's been on fire. He's been on a

2:01.5

roll with crazy columns. So we've had a surfeit of columns. We really haven't known what to do

2:07.1

with them. So we kept this one in reserve from so long ago. We haven't been able to get to it.

2:11.8

We're finally able to get to it today. And it is called the case for a mixed economy. The subtitle is maybe not everything should

2:20.0

be privatized. I'm shocked to hear Krugman say that, December 22nd, 2018. So we'll link to that

2:26.0

at contra Krugman.com slash 173. As usual, so you can check it out for yourself and or follow

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