Ep. 133 Protectionism Doesn’t Cause Depressions, But Here’s What It Does Do


Contra Krugman with Bob Murphy and Tom Woods

Episode

Opponents of protectionism sometimes misrepresent what the real danger of it is. It isn’t going to cause a depression or mass unemployment. But it does do something — beyond just raising domestic prices — that undermines everyone’s standard of living.

Show notes for Ep. 133

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Contra Krugman is a weekly podcast, available on iTunes and Stitcher, that critiques the New York Times column of economist Paul Krugman. Hosts Bob Murphy and Tom Woods belong to the Austrian School of economics, which includes such luminaries as Ludwig von Mises, Nobel Prize winner F.A. Hayek, and Murray N. Rothbard. (Learn more about the Austrian School at our special resource page.) Become more knowledgeable about economics in just 30 minutes a week by listening to Contra Krugman!

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