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Contra Krugman

Updated 4 days ago

Rank #61 in Business News category

Society & Culture
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Business News
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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!

Read more

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!

iTunes Ratings

760 Ratings
Average Ratings
691
26
4
7
32

Love this podcast

By hors d'ici - May 09 2020
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Very entertaining. Krugman deserves this comeuppance for the fraud he is.

Episode 174 BEST SO FAR

By NH Dairy Farmer - Feb 02 2019
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This podcast is a great mix of learning & friendly banter.

iTunes Ratings

760 Ratings
Average Ratings
691
26
4
7
32

Love this podcast

By hors d'ici - May 09 2020
Read more
Very entertaining. Krugman deserves this comeuppance for the fraud he is.

Episode 174 BEST SO FAR

By NH Dairy Farmer - Feb 02 2019
Read more
This podcast is a great mix of learning & friendly banter.
Cover image of Contra Krugman

Contra Krugman

Latest release on Jun 10, 2020

The Best Episodes Ranked Using User Listens

Updated by OwlTail 4 days ago

Rank #1: Ep. 3: Trump Is Right About Economics, Says Krugman

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Paul Krugman says Donald Trump is right to question supply-side orthodoxy about taxation of the wealthy. And Krugman says it's a myth that cutting those taxes helps the economy.

Lots of great stuff in today's episode: even Keynesian researchers disagree with Krugman; it's not true that the job creation numbers under Obama are better than in the 1980s; and how Krugman can claim to be right no matter what happens.

Oct 01 2015

26mins

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Rank #2: Ep. 136 You Hate Schoolteachers, and Education, and Knowledge

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Are Republicans at war with schoolteachers? Krugman thinks so: their state-level tax cuts have wrought havoc on education budgets, and it's teachers' salaries that have suffered.   We discuss the real truth of that question, plus the more general claim that education funding has suffered or that money or lack thereof accounts for how good the results are. This one's a smash.   Show notes for Ep. 136

Apr 30 2018

38mins

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Rank #3: Ep. 137 Is Taxation Theft? Not If You're Not Entitled to Your Paycheck in the First Place, Says Philosopher

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Philip Goff argues that libertarians make a variety of unsupported and unsupportable assumptions when they claim that taxation is theft. We defend the libertarian claim against Goff. (What else did you expect us to do?)

Show notes for Ep. 137

May 07 2018

40mins

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Rank #4: Ep. 6 Enough About Denmark Already: Here's What Krugman and Sanders Left Out

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Is Denmark a good model for the United States? Krugman thinks so, and claims the large welfare state there, combined with that country's prosperity, disproves free-market claims about the impoverishing effects of heavy government spending and intervention. To make his case, Krugman has to contradict his own textbook from six years ago. It isn't pretty, folks.

Oct 23 2015

40mins

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Rank #5: Ep. 134 Liberals Are Honest, Aren't Bootlickers, and Admit Their Mistakes, Unlike Krugman's Stupid and Evil Enemies

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In this column Krugman suggests that the decline in the moral and scholarly rigor of conservative intellectuals has to do with the intellectual bankruptcy of the Republican Party, which has no interest in science or truth. So to get ahead or even to be heard, intellectuals have to say ridiculous things that the Party wants to hear.   Left-liberals, by contrast, are overwhelmingly committed to the dispassionate examination of evidence, are not sycophantic toward those in power, and readily admit their mistakes.   Sure.   And don't worry: there's real economics in here, too, as we discuss Krugman's claims about the predictive power of Keynesianism and the supposedly poor track record of its opponents.   Show notes for Ep. 134

Apr 12 2018

48mins

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Rank #6: Ep. 150 We Need the State to Protect Workers

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There's been plenty of discussion of Supreme Court nominee Brett Kavanaugh, says Krugman, but it's been focused mainly on his views of presidential power, and not on his opinions on business and workers. On this, too, he's atrocious, says Krugman. We say: Krugman is leaving out 95% of the argument.

Show notes for Ep. 150

Aug 04 2018

38mins

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Rank #7: Ep. 144 How to Answer Climate Alarmists? Read Their Own Reports

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In this episode, Bob flies solo and fields another Contra Cruiser request. Specifically, he explains the standard Austrian approach to air pollution, and then talks about the risks of catastrophic climate change. Do libertarians just have to hope nothing really bad happens? 

Show notes for Ep. 144

Jun 23 2018

48mins

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Rank #8: Ep. 147 Krugman Hearts Democratic Socialists; We Don't

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During the 2016 campaign Krugman was critical of Bernie Sanders, but all of a sudden he can't see anything wrong with "radical Democrats" like Alexandria Ocasio-Cortez. We help him see more clearly.

Show notes for Ep. 147

Jul 15 2018

32mins

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Rank #9: Ep. 149 How to Unwind the Welfare State

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Krugman is on vacation this week, so we take a topic suggestion from someone who's joining us on this year's Contra Cruise: how to unwind the welfare state peacefully as the fiscal crisis becomes impossible to evade.

Show notes for Ep. 149

Jul 30 2018

39mins

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Rank #10: Ep. 210 Elizabeth Warren's Fiscal Fantasies

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Krugman is impressed by the detail and alleged seriousness of Elizabeth Warren's Medicare for All plan and how it will be paid for. Bob and Tom, by contrast, are not so impressed. Show notes for Ep. 210

Nov 09 2019

32mins

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Rank #11: Ep. 212 Trump, Crony Capitalism, and Impeachment

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We discuss the impeachment, Krugman's selective praise for whistleblowers, and what the correct approach to the problem of "crony capitalism" should be. Show notes for Ep. 212

Dec 07 2019

35mins

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Rank #12: Ep. 148 LIVE FROM MISES U: Why Does Austrian Economics Matter to the Average Person?

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We recorded this episode before a live audience at the Mises Institute's Mises University summer program. What a blast!

Show notes for Ep. 148

Jul 24 2018

39mins

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Rank #13: Ep. 138 The War on Dissidents, Which Krugman Pretends Not to See

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Krugman makes fun of the idea that conservatives and libertarians are treated particularly unfairly. Why, people criticize Krugman, too, and that's all right by him! Well, we have more fun in this episode than in any episode in recent memory. Not to mention: Tom says something fairly outrageous and decides to edit it out -- then let himself be talked into keeping it in the episode. You'll know it when you hear it....

Show notes for Ep. 138

May 13 2018

50mins

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Rank #14: Ep. 41 Brexit and Liberty: Krugman Wrong Again

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Krugman urges the British to remain in the European Union, and thinks free-market arguments against it are mere fantasy. In fact, British exit from the EU would be a great step forward for freedom, as Bob and Tom show in this week's episode.

Show notes for Ep. 41

Jun 21 2016

38mins

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Rank #15: Ep. 209 Robots Aren't the Problem

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Krugman criticizes Democrats who think automation is behind American job losses. But just when he's sounding sensible, he jumps back into "inadequate spending" being the problem. Show notes for Ep. 209

Oct 27 2019

30mins

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Rank #16: Ep. 60 Krugman Copes With Trump: Special Guest David Stockman

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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.

Show notes for Ep. 60

Nov 13 2016

42mins

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Rank #17: Ep. 177 Semi-Sensible Krugman vs. Modern Monetary Theory (MMT)

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Modern Monetary Theory (MMT) is picking up steam (thanks to Alexandria Ocasio-Cortez and Bernie Sanders), to the point that even Krugman is alarmed. Yes, he says, you will have to raise taxes to pay for what progressives want. This is the episode folks have been asking us for. Show notes for Ep. 177

Feb 23 2019

41mins

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Rank #18: Ep. 145 The Libertarian Wing of the Libertarian Party

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The Libertarian Party's Mises Caucus held a special event last weekend during the Libertarian Party's national convention, and we both spoke. We recorded this episode with three other speakers as guests: Jordan Page, Michael Heise, and Murray Sabrin.

Show notes for Ep. 145

Jul 03 2018

36mins

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Rank #19: Ep. 143 Here's What Krugman Did to Win the Nobel Prize

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We get this question all the time: what did Krugman win it for, and can you explain it in an episode? It involves trade, and we're discussing it today.

Show notes for Ep. 143

Jun 16 2018

33mins

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Rank #20: Ep. 176 Trump vs. Socialism?

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Socialism isn't all that radical, insists Krugman. Plus: virtually all people who call themselves socialists just want to be like Denmark, not Venezuela or the Soviet Union. They just want poor people cared for! Anyone who thinks nicey-nice socialism like this could lead to bad outcomes is crazy and unreasonable, he says. So, as usual, we respond. Show notes for Ep. 176

Feb 14 2019

48mins

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