Ep. 214 Austerity Is Just What the World's Economies Needed
Contra Krugman
Tom Woods
4.7 • 822 Ratings
🗓️ 6 January 2020
⏱️ 35 minutes
🧾️ Download transcript
Summary
Krugman blames the "austerity" that began a decade ago for ensuing economic ills and political instability. This is a fashionable enough view, but the evidence against it is more or less overwhelming. Enjoy!
Show notes for Ep. 214
Transcript
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| 0:00.0 | Contra Krugman, episode 214. |
| 0:05.3 | Welcome to the podcast that takes apart Paul Kruikman's New York Times column. |
| 0:10.0 | Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the arrows of Krookman. |
| 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, just want to remind you that if you want to see some of the most in-depth |
| 0:28.5 | analysis I give on various topics, you want to subscribe to the Lara Murphy Report. |
| 0:33.2 | For example, in recent and upcoming issues, I've covered Elizabeth Warren's wealth tax in painstaking detail to really get you to see the economic fallout from it. |
| 0:43.0 | And I'm going to be covering should we trust the climate models, a very in-depth analysis that I think you'll enjoy. |
| 0:49.7 | For more details and to see sample issues, go to contra kruigman.com slash lmr. |
| 0:57.3 | Hey everybody, happy new year from Tom and Bob. |
| 0:59.9 | We are back with another year, I guess, of episodes of Contra Krugman. |
| 1:05.8 | Number 214 here, going to be talking about austerity. |
| 1:08.5 | Bob, happy new year to you. |
| 1:10.0 | Happy New Year to you. |
| 1:11.1 | I guess your resolution wasn't to read fewer Keynesians this year. |
| 1:14.2 | No, no, indeed. |
| 1:15.6 | No. |
| 1:16.0 | Well, I mean, it's... |
| 1:17.7 | It's at one. |
| 1:18.7 | I was going to say, it's at one. |
| 1:20.5 | And actually, arguably, you don't really read the... |
... |
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