Ep. 24 Keynes and his Errors
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 24 October 2013
⏱️ 28 minutes
🧾️ Download transcript
Summary
Dr. G.P. Manish talks with Tom about the resurgent Keynesian ideas pervading the country.
Transcript
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| 0:00.0 | I've abandoned free market principles to save the free market system. |
| 0:09.9 | In a world of conventional confusion, there will be time for them to make profits. |
| 0:14.9 | Now's not that time. |
| 0:16.5 | Daddy, what do taxes pay for? |
| 0:18.3 | Oh, why everything? |
| 0:19.7 | Policemen, trees, sunshine. |
| 0:21.9 | And let's not forget the folks who just don't feel like working, God bless them. |
| 0:25.9 | Don't be afraid. |
| 0:26.7 | I'll feel free to unshackle your mind. |
| 0:31.3 | An idea whose time has come cannot be stopped by any army or any government. |
| 0:36.9 | Your professor has arrived. |
| 0:41.1 | Tom Woods. |
| 0:46.8 | Beware, citizen, you are now departing from the world of allowable opinion. |
| 0:52.0 | The Tom Woods Show. Welcome everybody on this Thursday, October 24th, |
| 1:03.9 | 2013. Tom Woods here. We're going to talk about John Maynard Keynes today. We're going to give |
| 1:08.6 | you the quick 20-minute overview of what did he think and what was wrong with it. |
| 1:13.4 | And then, of course, we'll give you some information as to how you can find out more, because maybe 20 minutes isn't enough for you. |
| 1:18.3 | If you're a fanatic like me, we've got the answer for that. |
| 1:21.4 | We're joined today by G.P. Manish, M-A-N-I-S-H. G-A-N-S-H.G-P-M-I-SH.com is the website. |
| 1:29.2 | GP is Assistant Professor of Economics in the Sorrell College of Business at Troy University, |
| 1:33.8 | and he is also a member of the Manuel H. Johnson Center of Political Economy at the university. |
| 1:39.2 | He holds a Ph.D. in economics from Suffolk University, and I got to know him when I was in |
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