Ep. 22 Fear Balanced Budgets and Sound Money, Warns Krugman
Contra Krugman
Tom Woods
4.7 • 824 Ratings
🗓️ 13 February 2016
⏱️ 35 minutes
🧾️ Download transcript
Summary
Krugman accuses Establishment man John Kasich -- of all people -- of supporting hard money. Then he tells us that balancing budgets hurts depressed economies. A tone-deaf understanding of American politics, plus old-fashioned Keynesianism -- that's Krugman, and that's what we discuss today.
Transcript
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| 0:00.0 | Contra Krugman, episode 22. |
| 0:05.1 | Welcome to the podcast that takes apart Paul Kruigman's New York Times column. |
| 0:09.8 | Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the |
| 0:14.5 | arrows of Kruikman. |
| 0:15.7 | Nobel Prize winner, newspaper columnist, and destroyer of nations. |
| 0:19.7 | It's time for Contra Krugman. |
| 0:23.7 | Hello and welcome to another episode of Contra Krugman. |
| 0:26.1 | I'm Tom Woods with Bob Murphy. |
| 0:28.0 | This week, we've decided to say to heck with the columns because one of them was health care, |
| 0:34.3 | one of them was something else you're tired of hearing about. |
| 0:36.4 | We're going to force this guy to teach economics one way or the other. So we're going with a blog post. I'm going to |
| 0:42.2 | tell you about it in a minute. But before we do that, let's talk Cruz. Not Ted Cruz, of course, |
| 0:48.6 | the ContraCruz.com, which you can find out about it, contracruise.com. That should be up and running. If that doesn't work for you for |
| 0:55.1 | whatever reason, you can check it out at tomwoodscruise.com. But Bob and I are hosting seven days at sea, |
| 1:02.0 | October 9th to 16th. It's going to be a tremendous time with games and fun and hilarity with |
| 1:08.1 | like-minded people. And just a couple of days after the site went live, already 10% of the cabins were already |
| 1:15.8 | claimed. |
| 1:16.4 | So if you were thinking about waiting to the end of the summer to claim your cabin, oh, you |
| 1:20.8 | are going to be crying a river when you find out they're all gone. |
| 1:24.6 | Bob, jump in here. |
| 1:25.7 | Yeah, it's not like, for one thing, it's the year 2016, because I know a lot of future historians are going to be listening to these |
| 1:31.2 | podcasts wondering what went wrong with the U.S. Republic. This particular cruise, October 9th through 16th, |
... |
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