Ep. 2010 Business Guru vs. Paul Krugman

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.8 • 3.3K Ratings

🗓️ 21 November 2021

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ken McCarthy perceived the commercial potential of the Internet before almost anyone, and is considered the godfather of Internet marketing. Paul Krugman, meanwhile, claimed in the 1990s that the Internet's effect on the economy would be no greater than that of the fax machine. Ken and I have a wide ranging discussion of book publishing, online business, copywriting, and a lot more, in one of my favorite of my over 2000 episodes.

Transcript

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0:00.0	The Tom Woods Show, episode 2010, prepared a set fire to the index card of allowable opinion.
0:07.7	Your daily dose of liberty education starts here, The Tom Woods Show.
0:14.1	Hi, everybody. Tom Woods here. I am joined today by the great Ken McCarthy, who is considered
0:19.3	to be one of the founding fathers, maybe the Godfather of Internet marketing. He recognized
0:25.4	the commercial potential of the Internet long before most people did, and he has been wildly successful
0:32.9	as an entrepreneur online. He's also an expert copywriter, really one of the best. This is a guy
0:39.1	who could sell you sand to the desert. He's an expert at it, but he's also just a very, very
0:45.1	interesting guy with tremendous insights. And as with really intelligent people with tremendous
0:51.7	insights, he's also sound on the whole COVID thing. And that just confirmed for me. This I got
0:57.2	to talk to this guy, and I have been an admirer of his for a while, and then I discovered
1:02.1	through our mutual friend Ben Settle that he knew who I was. He was sending something to Ben
1:07.2	to send to me. And I thought, women, Ken McCarthy knows who I am. That's pretty good. I'm getting
1:12.5	him on the Tom Woods Show. So what's the podcast for if not to bring about meetings of the minds
1:18.5	like this one? So Ken, welcome to the show. Hey Tom, thanks for having me. All right, look,
1:23.0	I have followed you and heard about you for a long time because the guy who basically taught me
1:29.9	email marketing and who has made my, I mean, it's a good thing. I don't, I owe him for the newsletter
1:35.7	that I buy every month. And it's a good thing he doesn't have any share in what I have earned
1:41.0	because of his teaching because I don't want to give it up because it's been a lot. I mean,
1:45.9	I hold that guy in such high regard and he holds you in such high regard. I mean, you're the Godfather
1:52.5	of Internet marketing and you know, pioneer and all this. And so then when I found out that you
1:58.3	actually knew who I was, I thought that is just too insane. So that's what I wrote and said,
2:04.3	hey, let's have a conversation. And the thing is a conversation with you can span just as with Ben
	...

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