4.7 • 822 Ratings
🗓️ 12 January 2019
⏱️ 48 minutes
🧾️ Download transcript
Paul Krugman loves Alexandria Ocasio-Cortez, and says her suggestion for a much higher top marginal income tax rate is actually well founded and economically sound. Now if the column were just about that, it'd make for a great episode of Contra Krugman. But the way Krugman speaks of "the rich" is downright sinister, and we hit that head on as well.
Show Notes for Ep. 171
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0:00.0 | Contra Krugman, episode 171. |
0:05.9 | Welcome to the podcast that takes apart Paul Kruikman's New York Times column. |
0:10.6 | Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the arrows of Krookman. |
0:16.5 | Nobel Prize winner, newspaper columnist, and destroyer of nations. |
0:20.5 | It's time for Contra Krugman. |
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0:40.4 | Pick them up at Tom Woods.com slash make courses. |
0:45.0 | Hey, everybody, Tom and Bob here with another episode of Contra Krugman. |
0:48.2 | For this episode, we are talking about a column that everybody has been urging us to cover it. As soon as this column |
0:56.0 | came out, people were saying they could not wait for the Contra Krugman episode, debunking it. |
1:02.6 | So, you know, we're men of the people, Bob and I, and so that's what we're doing. But, |
1:07.2 | well, first I'll tell you the name of the article. It's The Economics of Soking the Rich. |
1:12.2 | And the subtitle is, what does Alexandria Ocasio-Cortez know about tax policy? |
1:18.0 | A lot. |
1:19.6 | It's the January 5th, 2019 column linked at contracrugeman.com slash 171. |
1:24.5 | Well, as we were reviewing this, as we were just about to start recording, I just couldn't get over how terrible the column was. And as you'll note, if you listened to this podcast before, my role at the beginning of the episode is to summarize Krugman's column dispassionately so that we have the material all laid out for listeners, |
1:45.2 | and then we can go in and critique it. |
1:47.6 | But for this one, I said to Bob, I don't think I can do a dispassionate summary of this. |
1:51.6 | This is so unbelievably terrible. |
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