Ep. 60 Krugman Copes With Trump: Special Guest David Stockman
Contra Krugman
Tom Woods
4.7 • 824 Ratings
🗓️ 13 November 2016
⏱️ 43 minutes
🧾️ Download transcript
Summary
Even though Donald Trump supports massive infrastructure spending financed by debt in order to put people to work (sound familiar), Krugman is of course horrified by the election result. This week we're joined by David Stockman, director of the Office of Management and Budget under Ronald Reagan, to review what Trump is likely to accomplish, what the Democrats will block, and what it all means for the economy.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Contra Krugman, episode 60. |
| 0:05.1 | Welcome to the podcast that takes apart Paul Kruikman's New York Times column. |
| 0:09.8 | Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the arrows of Krugman. |
| 0:15.7 | Nobel Prize winner, newspaper columnist, and Destroyer of Nations. |
| 0:19.8 | It's time for Contra Krugman. |
| 0:23.9 | Folks, blogging, podcasting, self-publishing are things people do as a labor of love, but you can also monetize them. |
| 0:32.1 | And I show you exactly how I've done that in my free e-book, Five Paths to an Online Income. |
| 0:39.1 | Grab your copy at Paths to Income.com or text the word prosper to the number 44222. |
| 0:46.9 | Hey everyone, Bob Murphy here. My co-author, Carlos Larr, and I have a new video out called |
| 0:51.8 | How to Weather the Coming Financial Storms, giving strategies to business owners and households. |
| 0:57.4 | Check it out at laura murphy.com. That's L-A-R-A-M-U-R-P-H-Y dot com. |
| 1:04.1 | Hello everybody. Tom Woods here with Bob Murphy in another episode of Contra Krugman, but we're joined today by a very, very special guest indeed. David Stockman, |
| 1:13.3 | who, in addition to his most recent books, one of them is trumped. The other one is the great |
| 1:18.3 | deformation, which makes the best case against the bailouts you've ever heard, plus gives you a |
| 1:23.1 | revisionist economic history of the 20th century. He was a lone voice of sanity during the Reagan |
| 1:28.9 | administration. And since then, he's become a really hardcore Austrian and has been really one of |
| 1:36.2 | the voices out there in the financial world who's been consistently reliable when it comes to |
| 1:41.0 | talking about central bank policy. So we're so glad that he can join us today to talk about his view of what this unlikely victory of Donald Trump really means. |
| 1:50.6 | So Bob and David, welcome today. |
| 1:53.7 | Very happy to be with both of you guys. |
| 1:55.8 | You know, it gets kind of lonely sometimes when you watch the mainstream, even the financial media, |
| 2:02.2 | or listen to the debate. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Tom Woods, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Tom Woods and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.