Ep. 43 Krugman Says Investors Have Given Up Hope...So, What Happened to that Obama Recovery, Paul?
Contra Krugman
Tom Woods
4.7 • 824 Ratings
🗓️ 16 July 2016
⏱️ 27 minutes
🧾️ Download transcript
Summary
This week, Krugman considers several possible explanations for why long-term interest rates are so low around the world. The one he settles on: investors have concluded that the weak economy is the new normal, so to speak, so they're willing to accept low yields. But this explanation contradicts Krugman's repeated insistence that the Obama recovery is stronger than ignorant right-wingers give it credit for. Which is it, Paul?
Transcript
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| 0:00.0 | Contra Krugman, episode 43. |
| 0:05.3 | Welcome to the podcast that takes apart Paul Krugman's New York Times column. |
| 0:10.0 | Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the |
| 0:14.7 | arrows of Krugman. |
| 0:15.9 | Nobel Prize winner, newspaper columnist, and Destroyer of Nations. |
| 0:20.0 | It's time for Contra Krugman. |
| 0:23.9 | If you're a homeschooling parent, you're probably working too hard. |
| 0:27.5 | Check out the Ron Paul curriculum, which is self-taught and gives your kids an education you and I would have given our right arms for. |
| 0:34.2 | Plus, get $160 worth of free bonuses when you join through my special link, |
| 0:39.8 | Ron Paul homeschool.com. |
| 0:42.6 | Hey, everyone. It's your friendly neighborhood economist Bob Murphy here. I just want to invite you, |
| 0:47.0 | if you haven't already, to peruse sample issues of the Lara Murphy Report, available at |
| 0:52.0 | contra krugman.com slash LR. That's our monthly financial publication. |
| 0:58.5 | I think you'll enjoy it. Hello, everybody. Tom Woods here, along with Bob Murphy and another |
| 1:03.1 | episode of Contra Krugman. Crazy stuff going on here. Bob's out in Las Vegas at Freedom Fest, |
| 1:08.6 | and I am here in this echoey room. Are you in a phone booth? |
| 1:11.7 | Where are you broadcasting from, Woods? |
| 1:14.7 | I know. |
| 1:16.0 | It sounds like I'm in a cave of some kind. |
| 1:18.4 | It's because I've been moving, and I'm in the new house, and there's no furniture here |
| 1:22.5 | yet. |
| 1:22.9 | And you have a man cave? |
... |
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