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    News & Politics

    Contra Krugman

    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!

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    Latest Episodes:
    Ep. 155 What Would Happen If One Country Became Free, and the Rest Had States? Sep 08, 2018
    Show notes

    We take a listener question -- early-bird registrants for the Contra Cruise got this as a bonus -- about what would happen if one country went completely stateless, but the rest of the world stayed the same. Lots of potential consequences here, and we do our best to sort them out! Plus the usual fun.

    Show notes for Ep. 155


    Ep. 154 The Economic Freedom of the States Proves Our Point, Not Krugman's Sep 01, 2018
    Show notes

    The Cato Institute recently issued a ranking of economic freedom in the 50 U.S. states. Krugman thinks they're defining freedom too narrowly, for surely workers in New York, where they have many protections, feel freer than workers elsewhere. He further suggests a positive correlation between economic freedom and infant mortality. These and other Krugman claims are ground into sausage.

    Show notes for Ep. 154


    Ep. 153 Elizabeth Warren's Accountable Capitalism Act Aug 26, 2018
    Show notes

    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


    Ep. 152 Krugman Hearts Pelosi for Giving Us Obamacare, Stimulus, Financial Reform Aug 18, 2018
    Show notes

    Krugman calls Nancy Pelosi "by far the greatest speaker of modern times," and says she "surely ranks among the most impressive people ever to hold that position." He credits her with helping push along financial reform, Obamacare, the stimulus, etc. -- and that gives us a chance to smash all those things.

    Show notes for Ep. 152


    Ep. 151 Krugman Is a Crypto-Skeptic, and for Lousy Reasons Aug 11, 2018
    Show notes

    Krugman advances two main arguments against cryptocurrency. One of them, it turns out, applies equally well to the U.S. dollar, a point Krugman fails to acknowledge. Neither argument carries much sting, and in fact cryptocurrencies can parry Krugman's criticisms without breaking a sweat.

    Show notes for Ep. 151


    Ep. 150 We Need the State to Protect Workers Aug 04, 2018
    Show notes

    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


    Ep. 149 How to Unwind the Welfare State Jul 30, 2018
    Show notes

    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


    Ep. 148 LIVE FROM MISES U: Why Does Austrian Economics Matter to the Average Person? Jul 24, 2018
    Show notes

    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


    Ep. 147 Krugman Hearts Democratic Socialists; We Don't Jul 15, 2018
    Show notes

    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


    Ep. 146 Trump's Fake Victories? Jul 09, 2018
    Show notes

    The economy may be doing well, says Krugman, but when you look closer at what Trump touts as his great economic victories, they've been neutral to negative. (Also: winners of the Contra Cruise contest announced!)

    Show notes for Ep. 146


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