Ep. 1603 Weaknesses in Austrian Economics?

The Tom Woods Show

Tom Woods

Politics, Government, News

4.8 • 3.4K Ratings

🗓️ 3 March 2020

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bob Murphy is a prolific scholar and popular writer and speaker on the Austrian School of economics, so I thought I'd ask him: what if any weaknesses do you find in Austrian Economics, and/or where do we need to do more work?

Transcript

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0:00.0	The Tom Wood Show, episode 1,600-3.
0:03.4	Prepare to set fire to the index card of allowable opinion.
0:08.1	Your daily dose of liberty education starts here.
0:11.5	The Tom Wood Show.
0:13.5	Folks, if you're like me, when you criticize the Federal Reserve, you get all these lackey
0:18.5	style responses.
0:20.2	Why the Fed has made the economy more stable?
0:22.7	You don't want to go back to the 19th century, do you?
0:25.5	All kinds of arguments like that.
0:27.0	Well, you can blow those and others out of the water with my free ebook, Our Enemy,
0:32.1	The Fed.
0:33.1	Grab it at ouranemythefed.com.
0:36.6	Everybody, Tom Woods here.
0:37.8	Bob Murphy Week continues.
0:39.3	I gave you a full detailed bio of Bob Murphy last time.
0:44.2	But you all know Bob, PhD in economics, extremely prolific, tremendous teacher, great libertarian
0:51.7	theorist and Austrian economist.
0:54.1	And I neglected to mention in yesterday's episode when introducing Bob that we host a
0:58.7	podcast together.
1:00.0	We release a couple of times a month, Contra Krugman, which is our podcast dedicated to helping
1:06.5	people understand economics by refuting the errors of Krugman.
1:11.0	So you can check that out over at contrakruugman.com.
	...

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