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Contra Krugman

Ep. 153 Elizabeth Warren's Accountable Capitalism Act

Contra Krugman

Tom Woods

News, News & Politics, Business News

4.7822 Ratings

🗓️ 26 August 2018

⏱️ 42 minutes

🧾️ Download transcript

Summary

Senator Warren has proposed sweeping changes to how corporations would be allowed to operate in the United States -- no longer will they cater to stockholders only, but they will have to take into account the needs of a wide range of "stakeholders" (workers, communities, etc.). Special guests Gene Epstein and Peter Klein join Tom.

Show notes for Ep. 153

Transcript

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0:00.0

Contra Krugman, episode 153.

0:05.7

Welcome to the podcast that takes apart Paul Kruikman's New York Times column.

0:10.4

Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the arrows of Krugman.

0:16.3

Nobel Prize winner, newspaper columnist, and Destroyer of Nations.

0:20.3

It's time for Contra Krukman.

0:24.5

Folks, if you agree with me that it is impossible to have a rational discussion about guns on social media these days,

0:30.6

then you are going to love my brand new free ebook. Your Facebook friends are wrong about guns.

0:37.2

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0:40.4

Check it out at wrongabout guns.com.

0:43.4

Everybody, Tom Woods here with another episode of Contra Krugman. Bob is traveling this week,

0:47.3

so I've got not one but two fill-in co-hosts for Bob Murphy. One of them is Gene Epstein,

0:53.8

formerly of Barron's, and he is the

0:55.6

director of the Soho Forum. That's The Soho Forum.org in New York City. One of the great things

1:01.2

about New York City is that amazing debating society. You can go to an event pretty much every month

1:06.4

there and be fascinated and endlessly entertained. We're also joined by Peter Klein, who's a professor of

1:13.2

entrepreneurship and innovation at Baylor University, and who's done a fair amount of work on the kind

1:19.4

of topic we're going to be discussing today, which has to do with Elizabeth Warren's so-called

1:24.5

plan to save capitalism. Gentlemen, I appreciate that you are standing in for

1:29.9

Bob, and before we started recording, I said that each of you has to take a shot at Bob while

1:36.2

you're on, and Gene correctly pointed out that it is in fact the role of the person opposed to

1:41.4

me to take shots at me. That's the role that Bob plays and I stand

1:44.7

corrected. Well, you guys have a great vaudeville routine that laces and that makes the

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