Conservatives suffer from the delusion that government spending is generally waste that doesn't do anyone any good, says Krugman. Now that they're in power, they're seeing how great and important government is, and how much voters love it. So where are their promised budget cuts going to come from?   Bob and Tom sort through it all!   Show notes for Ep. 79

Ep. 79 Since Government Is Awesome, Where and Why Would You Cut the Budget?

Join Bob Murphy and Tom Woods in this weekly libertarian podcast as they teach economics by refuting Paul Krugman's New York Times column. Plus, expect special guests like Ron Paul, David Stockman, and more!

News & Politics

Business News

Business

News

On this final episode of Contra Krugman after nearly five years, we analyze Krugman's horrified response to state reopenings after the lockdowns. Show notes for Ep. 225

Ep. 225 The Final Episode

With his usual magnanimity, Krugman declares that the epidemiologists have been completely accurate in their warnings during the pandemic, whereas those who want to reopen the economy are trying to kill workers. Tom and Bob beg to differ. Show notes for Ep. 224

Ep. 224 Krugman Bravely Comes Out Against Killing Workers

In his attempt to praise Powell and criticize Trump, Krugman admits that the "real economy" is in terrible shape, and that the stock market has done well only because of low interest rates and the Fed's emergency actions. Krugman says this pattern holds not only for our post-covid world, but ever since the mid-2000s. He thus ironically agrees with Austrian critics who've warned for years that the Fed was blowing up massive asset bubbles. Show notes for Ep. 223

Ep. 223 Krugman Unwittingly Agrees the Fed Has Driven Stock Market Since 2007

Krugman is unhappy that the "right wing" is more apt to listen to people he considers quacks than to people he considers experts, and he says the COVID-19 problem is yet another example. We are unconvinced. Show notes for Ep. 222

Ep. 222 Why Won't We Listen to the Experts?

Guest co-host Richard Ebeling -- who was one of Bob's own economics professors -- joins me to discuss Krugman's qualified support for the $2 trillion coronavirus relief bill recently signed into law, and why we shouldn't be cheering. Show notes for Ep. 221

Ep. 79 Since Government Is Awesome, Where and Why Would You Cut the Budget?

Download our free app to listen on your phone