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Contra Krugman

Updated 8 days ago

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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

713 Ratings
Average Ratings
654
21
5
6
27

Episode 174 BEST SO FAR

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

New podcast idea

By Robert from ELP - Jan 26 2019
Read more
I think you guys are going have to make a ContraCortez podcast.

iTunes Ratings

713 Ratings
Average Ratings
654
21
5
6
27

Episode 174 BEST SO FAR

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

New podcast idea

By Robert from ELP - Jan 26 2019
Read more
I think you guys are going have to make a ContraCortez podcast.
Cover image of Contra Krugman

Contra Krugman

Latest release on Feb 16, 2020

The Best Episodes Ranked Using User Listens

Updated by OwlTail 8 days ago

Rank #1: Ep. 48 Where Does Economic Growth Come From? Krugman Genuinely Stumped

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We know how to do some things, Krugman says, like deliver health care to everyone, provide for people's retirement, and increase the wages of low-income people. But economic growth? That's a tough nut to crack, he says. We can try infrastructure spending, but maybe even that won't work.   We bring some Contra Krugman awesomeness to this pile of confusion.   Show notes for Ep. 48

Aug 20 2016

34mins

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Rank #2: Ep. 52 Why Would Anyone Think Hillary Clinton Isn't Truthful?

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Krugman suggests that the image of Hillary Clinton as particularly untruthful is a fabrication of the right-wing noise machine. We remind him of some uncomfortable truths.

Show notes for Ep. 52

Sep 17 2016

34mins

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Rank #3: Ep. 56 LIVE from the Contra Cruise: How Krugman Wants to Make You Poorer

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In this special episode recorded before a live audience on board the Contra Cruise, which Tom and Bob are hosting this week, your hosts take on Krugman on tighter fuel efficiency standards of automobiles, Krugman's anti-scientific statements on climate change, and more, including audience questions.

Show notes for Ep. 56

Oct 15 2016

45mins

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Rank #4: Ep. 44 Booming Stock Market Indicates Bad Times, Says Krugman

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Is a rising stock market an indication of economic health? Not necessarily, says Krugman, and on that he's of course correct. But what accounts for rising stock prices today? He says a lack of alternative options for investors -- another way of saying the economy stinks, even though he devotes half his columns to defenses of Obama.

Show notes for Ep. 44

Jul 24 2016

32mins

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Rank #5: 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 #6: 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 #7: Ep. 4 Krugman Hearts Solar and Wind, Attacks Fossil Fuels

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This week, Krugman says only GOP intransigence, and devotion to Big Energy, can account for conservative hostility to renewable energy. Wind and solar power aren't for hippies anymore, he says; they're growing by leaps and bounds and becoming more and more plausible as substantial energy sources for the United States. We disagree, and we've got the numbers on our side.

Oct 10 2015

34mins

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Rank #8: Ep. 114 What's Wrong With Keynes, in a Nutshell

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No Krugman column this week for us; instead we step back and look at the big picture: what exactly do Keynesians get wrong in their understanding of the economy?

Show notes for Ep. 114

Nov 25 2017

29mins

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Rank #9: 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 #10: Ep. 80 When Krugman Struck Back at Bob on Business Cycles

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This week (with Krugman discussing Obamacare yet again) we decided to hop into our time machine and revisit a golden oldie: Krugman's response to one of Bob's articles on capital theory and business cycles. Now that's an episode!

Show notes for Ep. 80

Mar 31 2017

42mins

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Rank #11: Ep. 167 How Can a Free Society Handle Terrorism, Climate Change, and Quarantines?

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We take on additional hard questions for libertarians: quarantines (for infectious/incurable diseases), terrorism, Somalia, and climate change.

Show notes for Ep. 167

Dec 12 2018

46mins

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Rank #12: Ep. 37 Our Most Brutal Takedown Yet: Krugman on the Clinton Economy

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In this column, Krugman takes things to a whole new level. He tries to draw lessons from the Clinton boom in the 1990s, which he incorrectly says was better than the Reagan boom, even though he himself admits there are no applicable lessons from that boom. It's awful, and we beat him to an intellectual pulp.

Show notes for Ep. 37

Jun 01 2016

34mins

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Rank #13: Ep. 111 Cutting Corporate Taxes Helps Only "The Rich," Says Krugman

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This week, Krugman disputes the claim that reductions in corporate tax rates help anyone but the super-rich. So we explain to him how they work.

Show notes for Ep. 111

Nov 04 2017

40mins

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Rank #14: Ep. 7 Obamacare Is a Big Success, Says Krugman

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Says Krugman this week: poor Mitt Romney. Now he wants to take credit for paving the way for Obamacare, but the rubes in the GOP will rip his head off. But Mitt is right, says Krugman, and in any event the Affordable Care Act has been a great success! None of the terrible things opponents predicted would happen have come to pass.

Oct 31 2015

48mins

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Rank #15: 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 #16: Ep. 153 Elizabeth Warren's Accountable Capitalism Act

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Senator Warren has proposed sweeping changes to how corporations would be allowed to operate in the United States -- no longer will they cater to stockholders only, but they will have to take into account the needs of a wide range of "stakeholders" (workers, communities, etc.). Special guests Gene Epstein and Peter Klein join Tom.

Show notes for Ep. 153

Aug 26 2018

41mins

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Rank #17: Ep. 113 Will Tax Cuts Mean Millions of Lost Manufacturing Jobs?

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Krugman argues that the GOP tax plan, even on its own terms, would blow up the trade deficit and lead to millions of lost manufacturing jobs. We teach the economics behind his argument, but also mention--get ready for this--that Krugman leaves out two big factors that completely undercut his case.

Show notes for Ep. 113

Nov 18 2017

30mins

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Rank #18: Ep. 40 Krugman Shocked by GOP "Scandals," Not So Shocked at Destruction of Libya, Iraq

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This week, Krugman suggests that the Republican Party attracts scammers and shysters who build email lists of gullible conservatives and then market fearmongering products or "get-rich-quick" schemes to them. Thank goodness the Democrats never do anything like that! They teach that the only way to prosper is through hard work and individual initiative, and.... Well, anyway, this is a juicy episode. Listen to it, or the world will end.

Show notes for Ep. 40

Jun 19 2016

34mins

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Rank #19: Ep. 211 LIVE FROM VIENNA: Is Europe an Example for the U.S.?

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We recorded this episode before a live audience at -- of all places -- the Austrian central bank in Vienna, where the Austrian Economics Center held a two-day academic conference. We respond to Krugman's key claim: namely, that Eurosclerosis is long over, and that Europe can no longer be cited with any plausibility as evidence that significant social spending and regulation retard employment. Show notes for Ep. 211

Nov 25 2019

42mins

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Rank #20: 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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