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Contra Krugman

Updated 8 days ago

Business
News & Politics
Society & Culture
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

625 Ratings
Average Ratings
581
15
4
3
22

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.

New podcast idea

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

iTunes Ratings

625 Ratings
Average Ratings
581
15
4
3
22

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

Updated 8 days ago

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!

Rank #1: Ep. 200 Krugman on Bonds & Uncertainty: Interesting, But Still Wrong

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Bob minds the store and explains what is interesting about Krugman's discussion on bonds vs. stocks as ways to forecast recession, how an inverted yield curve signals problems, and the precise way that Trump could be depressing investment. Yet even though these abstract discussions are instructive, Bob argues that they don't really work in the cases where Krugman deploys them. Show Notes for Ep. 200

Aug 10 2019
47 mins
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Rank #2: Ep. 199 Krugman: Trump's Tax Cuts Make the 1% -- and Rich Foreigners -- Richer

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Krugman says that since Trump's tax cuts amounted to nothing but a giveaway to wealthy shareholders, and since many of those are foreigners, the tax cuts amounted to a perverse foreign aid program. Show notes for Ep. 199

Aug 03 2019
34 mins
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Rank #3: Ep. 58 Only Idiots Worry About the National Debt

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Krugman can't believe people who worry about the national debt are taken seriously. There are no serious budgetary or financing problems on the horizon, so if there's anything to be concerned about at all, that concern is surely misplaced today. Instead, we should be worried about climate change!   Krugman has things exactly backwards, as usual.   Show notes for Ep. 58
Oct 29 2016
25 mins
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Rank #4: Ep. 57 Everything Is Awesome, So Why Are Trump and Ryan Complaining, Wonders Krugman

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Both Donald Trump and Paul Ryan, each in his own way, spin crazy dystopian stories about America, says Krugman. Our country isn't perfect, but where are they getting these crazy ideas? We sort out who's crazy and whether things really are dystopian.

Show notes for Ep. 57

Oct 21 2016
34 mins
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Rank #5: Ep. 99 Krugman Doesn't Get What Happened in 2008

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Krugman claims the downturn of 2008 was caused by inadequate "demand." The Austrians claim the downturn was more complicated: it involved problems in particular sectors that had been artificially expanded, not a system-wide problem of not enough spending.

Thankfully, we can resolve this dispute swiftly enough -- and we do, in this episode.

Show notes for Ep. 99

Aug 11 2017
34 mins
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Rank #6: Ep. 62 Krugman Desperate to Oppose Trump Infrastructure Stimulus

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Funny: Krugman used to be happy about any kind of fiscal stimulus. But when it's a Republican doing it, he has to come up with a laundry list of reasons to oppose it. But his own economic theory virtually requires him to favor it, so we have a little fun with the poor guy.

Show notes for Ep. 62

Nov 23 2016
30 mins
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Rank #7: Ep. 93 The Seattle Minimum Wage Policy Is a Disaster

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The official study commissioned by the city of Seattle is painting a grim picture of the consequences of the minimum wage increase in that city thus far.

Show notes for Ep. 93

Jun 30 2017
47 mins
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Rank #8: 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
38 mins
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Rank #9: Ep. 102 Hurricane Harvey, Climate Change

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Krugman blames the destructiveness of the hurricane partly on climate change and partly on Houston's lack of zoning. We take these on, and also defend the "price gouger," who genuinely saves lives.

Show notes for Ep. 102

Sep 02 2017
38 mins
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Rank #10: 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
46 mins
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Rank #11: Ep. 1: Why Contra Krugman?

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Welcome to Contra Krugman! In this inaugural episode, Tom Woods and Bob Murphy explain what they're seeking to accomplish with the podcast, what the format will be, the occasional guests they'd like to see, and much more. Enjoy, and please subscribe to the show!

Oct 01 2015
29 mins
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Rank #12: 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
40 mins
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Rank #13: Ep. 65 Did the Russians Hack the Election?

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That sounds totally realistic and not at all like it was concocted by spooks.

Show notes for Ep. 65

Dec 16 2016
28 mins
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Rank #14: Ep. 115 Brutal: Contra Krugman Takes on Krugman's P.C. List of America's Sins

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In one of the most heated episodes ever, Bob and Tom take apart Krugman's apologies for not fully appreciating the extent of his "white privilege," and for the things he says he once appreciated about America that are now disappearing: toleration (no, he's not criticizing people who shout down speakers), environmental protection, respect for truth and evidence, respect for intellectuals, etc. It's brutal.

Show notes for Ep. 115

Dec 02 2017
38 mins
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Rank #15: Ep. 2: Do the World's Governments Need More Debt?

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Paul Krugman says that all the concern over debt is misplaced -- that what we need, in fact, is still more government debt. All we can say is: it's time for Contra Krugman.

Oct 01 2015
31 mins
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Rank #16: Ep. 94 The Disastrous Results of a Trade War

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Is a trade war in the offing? There's plenty of protectionist talk coming from the White House. Will it "save jobs"?

Show notes for Ep. 94

Jul 09 2017
34 mins
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Rank #17: 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
41 mins
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Rank #18: Ep. 103 Krugman Fair With Sessions? Keep DREAMing

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Bob flies solo in this episode, as Tom & Family evacuate for the hurricane. Krugman makes some good observations about the economics of immigration, but (as usual) he misrepresents his opponents (while accusing them of being liars). Bob offers his own views on how libertarians might better approach this controversial subject.

Show notes for Ep. 103

Sep 09 2017
35 mins
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Rank #19: Ep. 106 One of the Top Krugman Errors Ever, Literally Out of Economics 101

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Krugman says: who cares if high marginal income tax rates make people work less, or lower rates would give them an incentive to make them work more? It's all a wash, says Krugman: if they work more they also earn more, so they get all the gains and society gets nothing.   This is smashed like nothing we've smashed before.   Show notes for Ep. 106
Oct 01 2017
31 mins
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Rank #20: Ep. 104 Another 9/11 Anniversary, and the Political Class Is Still Stupid (and/or Evil)

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Krugman observes the anniversary of the attacks of September 11, 2001, with a column about the unique wickedness of the Republicans, and no acknowledgment of the bipartisan War Party. Scott Horton joins us for some real history from those terrible days.

Show notes for Ep. 104

Sep 16 2017
41 mins
Play

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