4.7 • 822 Ratings
🗓️ 31 August 2019
⏱️ 38 minutes
🧾️ Download transcript
Because Krugman is a bore, Tom and Bob field questions from the listeners. They handle objections about their recent arguments concerning the economics of slavery, clear up apparent contradictions in the libertarian handling of free trade and the welfare state, and explain Rothbard's view of debt repudiation.
Show notes for Ep. 203
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0:00.0 | Contra Krugman, episode 203. |
0:05.3 | Welcome to the podcast that takes apart Paul Krugman's New York Times column. |
0:10.0 | Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the |
0:14.7 | arrows of Krugman. |
0:15.9 | Nobel Prize winner, newspaper columnist, and destroyer of nations. |
0:19.9 | It's time for Contra Krukman. |
0:24.1 | Hey folks, Bob Murphy here. The financial markets are crazy with the inverted yield curve. |
0:29.2 | More and more analysts are predicting a recession. So what can you do with your money? |
0:33.3 | Well, there is an interesting application called the Infinite Banking Concept, or IBC, that explains how you can use dividend-paying whole-life insurance as a superior cash flow management tool. |
0:45.4 | To see how this all works, check out the book that I wrote with Carlos Lara and Nelson Nash called The Case for IBC. |
0:53.0 | So go to the case for IBC.com. |
0:58.0 | Hey, everybody, Tom and Bob here. |
0:59.6 | Bob is back. |
1:00.5 | We had David Stockman on the program last week because Bob was out of town and now Bob and I are |
1:06.5 | reunited. |
1:07.9 | And I'm not, I almost thought reunited and it feels so good. But that's too much of a bromance type of thing to say. |
1:14.8 | So we'll just say I'm delighted to have Bob back here on Conrad Recruigman. And we decided to do something a little bit different this week because, you know, we can. You know, we run the thing. And what Bob did was he went to his people and said, |
1:29.5 | what are some things you'd like us to address on the show? Not necessarily, let's say, |
1:35.6 | show length topics, but just little questions you have. And maybe we can get to them. |
1:40.4 | And we'll pick out the ones we think are interesting and that are manageable. |
1:44.8 | So Bob's got a bunch and he told me a few of them and so he's had a lot of time to think |
1:50.0 | about them and I haven't. So of course his answers are going to be better. Also, he has a degree |
... |
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