Ep. 143 Here's What Krugman Did to Win the Nobel Prize
Contra Krugman
Tom Woods
4.7 • 822 Ratings
🗓️ 16 June 2018
⏱️ 34 minutes
🧾️ Download transcript
Summary
We get this question all the time: what did Krugman win it for, and can you explain it in an episode? It involves trade, and we're discussing it today.
Transcript
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| 0:00.0 | Contra Krugman, episode 143. |
| 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 Krukman. |
| 0:24.5 | Hey everybody, it's Tom Woods. And Bob Murphy. And Bob and I are going to be in New Orleans, June 30th, 2018, supporting the great folks of the Mises Caucus of the Libertarian Party. Bob and I'll both be speaking. Dave Smith is the |
| 0:38.8 | MC. Scott Horton is also among the speakers. It's going to be a tremendous time, and you are |
| 0:44.5 | supporting a fantastic cause. We hope to see you there. Get all the details at takehumanaction.com. |
| 0:51.7 | If you don't like it, Tom O's You a Coke. |
| 0:57.9 | Hi, everybody. Tom and Bob here with another episode of Contra Krugman. We got some fun stuff for you today. We're not doing a column. We're going to talk about why did Krugman win the |
| 1:03.0 | Nobel Prize? And I know you're all expecting us to say something like because the Nobel Prize |
| 1:07.7 | Committee is corrupt. What we mean is, what is the subject matter that he |
| 1:12.5 | specialized in that yielded him the prize and what were the advances he said to have made that won him |
| 1:19.0 | the prize? People ask us this a lot. They say, it's just out of curiosity, why did he win the |
| 1:23.7 | Nobel Prize? What was his contribution said to be? So we're going to run through that today. |
| 1:28.1 | We're going to be talking about trade theory. But before we do that, Bob and I want to say a couple |
| 1:33.3 | things that I think you will be glad to know about. First of all, we want to say thank you for the |
| 1:39.0 | person who finally got us off the fence about doing this particular topic. Bob, you want to say something |
| 1:43.7 | about that? |
| 1:44.5 | Yeah, it was Mike Brousa and people might say, well, why are you giving a platform to this guy? |
| 1:51.1 | Who's this clown? I've never heard of this guy. Because he was one of the first 50 people to sign up for the Contra Cruz. |
| 1:57.8 | And good things happen to you when you sign up early for the Contra Cruz. |
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