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Contra Krugman

Updated 7 days ago

Society & Culture
News
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

648 Ratings
Average Ratings
598
18
4
3
25

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

648 Ratings
Average Ratings
598
18
4
3
25

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 7 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. 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
48 mins
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Rank #2: 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
26 mins
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Rank #3: 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 #4: Ep. 53 Krugman's Stern Warning: Don't You Dare Vote for the Crazy Libertarians

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Krugman sternly lectures millennials: DO NOT vote for Gary Johnson. You are wasting your vote. Plus, the Libertarian Party platform is nuts!   We respond, in one of Tom's favorite episodes of Contra Krugman.   Show notes for Ep. 53
Sep 23 2016
44 mins
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Rank #5: 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 #6: 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 #7: 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
39 mins
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Rank #8: 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
36 mins
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Rank #9: 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
34 mins
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Rank #10: 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
38 mins
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Rank #11: Ep. 142 KRUGMAN FLATTENED: The Neocons Are Sincere, He Says, But Everyone Else Is a Shill for the Coal Industry

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Krugman tips his hat to the neoconservatives, whom he describes as "sincere," but says the rest of his right-of-center opponents are unprincipled shills. Why, they support Trump's government support for coal!   Uh, nope.   Show notes for Ep. 142
Jun 09 2018
40 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. 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
48 mins
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Rank #14: 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
42 mins
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Rank #15: Ep. 50 Cuts to Planned Parenthood Caused Pregnant Women to Die? Here's the Real Story Behind This Whopper

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Why have mortality rates among pregnant women in Texas doubled in recent years? There's no one explanation, Krugman admits -- and then proceeds to pounce on one explanation: cuts to Planned Parenthood.

And you'll never guess: Krugman is full of it!

Show notes for Ep. 50

Sep 03 2016
32 mins
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Rank #16: 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 #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
41 mins
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Rank #18: Ep. 5 Who's Crazy?

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Paul Krugman says Paul Ryan is an empty suit whose budget plans are ridiculous. No arguments there, as we'll show. But the problem with Ryan isn't that he's an Ayn Randian, as Krugman absurdly suggests, or that his proposals are too draconian. As usual when Krugman gets one right, he gets it right for the wrong reason. Ryan's proposals are much too timid, they take domestic "savings" and pour them into military boondoggles, and don't do a thing about entitlements.

Oct 17 2015
39 mins
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Rank #19: 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
50 mins
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Rank #20: 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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