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The Tom Woods Show

Ep. 1449 The Boatload of Real-Life Examples Keynesians Have to Ignore

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 18 July 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

Keynesians like to pretend that they're impartial scientists, following the evidence wherever it leads. We, meanwhile, are portrayed as too blinded by ideology to be worth listening to. So today I run through some very challenging episodes for Keynesians to explain, and we see who the real scientists are.

Show notes for Ep. 1449

Transcript

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0:00.0

The Tom Woods Show, episode 1449.

0:03.3

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

0:07.9

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

0:14.4

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0:47.0

Hey, everybody, Tom Woods here. Today, what I want to do is, well, more or less, reproduce a talk

0:52.3

I gave aboard the Contra Cruise, which recently

0:55.7

concluded we, of course, as you probably know, sailed to Alaska this time and had just a

1:02.9

tremendous week together. And yes, by the way, there will be a 2020 Contra Cruise, but probably

1:08.7

not until October of 2020. So there's plenty of time between now and then.

1:13.4

And I wanted to use this episode to take the talk I gave aboard the cruise and more or less reproduce it for you here.

1:22.8

Now, I don't want you to be left with the impression that the cruise is a bunch of speeches because it certainly is not.

1:28.7

Bob and I generally give each of us one talk that's sort of academic or at least, let's say,

1:35.9

has some kind of intellectual heft to it. But then most of the time we're just having a really

1:40.3

good time socializing, playing games, having excursions, exploring interesting places,

1:45.5

things like that. But I did give a talk this time around in which I looked at Bob's new book

1:52.2

and I pulled out a lot of ideas and particularly a lot of empirical examples because what

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