Ep. 449 Ron Paul and Paul Krugman in Their Own Words: Who Nailed It, and Who Was Clueless?
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 20 July 2015
⏱️ 26 minutes
🧾️ Download transcript
Summary
Paul Krugman likes to claim that he correctly diagnosed what was happening to the economy and advocated the proper measures during the Bush years, leading up to the financial crisis. But put his words side by side with Ron Paul's, and we discover who the true expert is.
Transcript
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| 0:00.0 | The Tom Woods Show, episode 449. |
| 0:03.8 | Prepare to set fire to the index card of allowable opinion. |
| 0:08.6 | Your daily dose of liberty education starts here, the Tom Woods Show. |
| 0:14.6 | Hey, everybody, Tom Woods here. |
| 0:16.3 | We're just coming off the best week the show has ever had in terms of downloads. So thank you so much for |
| 0:22.5 | listening and for spreading the word about it. You folks who listen regularly are my best ambassadors, |
| 0:28.7 | and I'm very grateful to all the sharing on social media and all that stuff. And if you're |
| 0:34.3 | following me on Facebook, which is facebook.com slash Thomas E. Woods, if you like my posts, then you're more likely to see more of them. And if you like them, more people are likely to see them. And if you share them, still more people will see them. These are ways you can help out the show at no cost to yourself, and I'm deeply grateful for all of it. |
| 0:55.0 | Thank you so much. |
| 0:55.8 | Well, today, this is just a fun topic, right? |
| 0:58.4 | Who doesn't like this topic? |
| 1:00.5 | Ron Paul versus Paul Krugman. |
| 1:03.2 | We're talking today to Jeremy Hammond, who is the founding editor of Foreign Policy Journal |
| 1:08.7 | at foreign policyjournal.com.. But today in particular, we're |
| 1:12.9 | talking to him about his little book called Ron Paul v. Paul Krugman, Austrian versus |
| 1:19.7 | Keynesian economics in the financial crisis. He's gone through and looked at what both of |
| 1:25.4 | these men were saying about the economy beginning in the late |
| 1:29.3 | 1990s, and the comparison is extremely instructive. You can follow Jeremy Hammond at his website, |
| 1:38.0 | Jeremy R. Hammond.com. Jeremy, welcome to the show. Thanks for having me on. This is an honor. |
| 1:45.1 | This book of yours I was vaguely aware of, and I'm sorry to say I never took the time to look at it, but it's such a great idea, given that both of these figures are public figures. |
| 1:58.0 | They write and say an awful lot. |
| 2:00.0 | It's not difficult to uncover what their views are, |
... |
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