Ep. 45 Contra Krugman LIVE: Are We Just Like Milton Friedman? Where Austria and Chicago Differ
Contra Krugman
Tom Woods
4.7 • 824 Ratings
🗓️ 2 August 2016
⏱️ 47 minutes
🧾️ Download transcript
Summary
In this special episode of Contra Krugman, recorded live at the Mises Institute's Mises University summer instructional program for college students, Bob and Tom are joined by three other professors: Peter Klein (Baylor University), Lucas Englehardt (Kent State University), and Mark Thornton (Mises Institute).
Transcript
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| 0:00.0 | Welcome to the podcast that takes apart Paul Krugman's New York Times column. |
| 0:07.0 | Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the arrows of Krugman. |
| 0:13.0 | Nobel Prize winner, newspaper columnist, and destroyer of nations. |
| 0:17.0 | It's time for Contra Krugman. Welcome everybody to another episode of Contra Krugman. |
| 0:21.6 | Welcome everybody to another episode of Contra Krugman. I'm Tom Woods with Bob Murphy and several other wonderful people because we are recording this particular episode live from the Meezas Institute for the Mezes University Summer Program. |
| 0:46.3 | For those of you who don't know, Bob and I have a weekly podcast that we do together, |
| 0:50.4 | in addition to my daily one and Bob's other one, we have one we do together every week called Contra Krugman, and we refute the Krugman New York Times column every single week, |
| 0:56.5 | and it's fun. So you can check it out at contra Krugman.com. Well, today we have special guests. |
| 1:03.2 | Now, you already know Peter Klein and Lucas Englehart and Mark Thornton, and they're here to help |
| 1:07.9 | us take down Krugman. Now, I want to tell you, the only other time we've ever done this show |
| 1:12.9 | in front of an audience was at the Mises Circle in Seattle, |
| 1:16.6 | in May. |
| 1:18.4 | Krugman releases two columns a week, Monday and Friday. |
| 1:21.4 | And that week, on Monday, his column was terrible. |
| 1:24.3 | And I don't mean terrible wrong, |
| 1:25.9 | just terrible, not relevant, |
| 1:27.4 | not something we could apply. It was also wrong. And I don't mean terrible wrong, just terrible, not relevant, not something we could |
| 1:28.5 | apply. It was also wrong. And it was also wrong. Not something we could apply Austrian economics to. |
| 1:32.8 | So Bob and I were, oh, what are we going to do? What are you going to do? The events coming up on |
| 1:36.8 | Saturday. But then Friday morning, you know, like a Christmas present under the tree with a big |
| 1:42.9 | bow on it. |
| 1:51.0 | Krugman released the worst, most idiotic column full of so many fallacies, and we just thought that's just so glorious, we're going to smack this thing. |
... |
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