Ep. 200 Krugman on Bonds & Uncertainty: Interesting, But Still Wrong
Contra Krugman with Bob Murphy and Tom Woods
Episode
Bob minds the store and explains what is interesting about Krugman’s discussion on bonds vs. stocks as ways to forecast recession, how an inverted yield curve signals problems, and the precise way that Trump could be depressing investment. Yet even though these abstract discussions are instructive, Bob argues that they don’t really work in the cases where Krugman deploys them. Show Notes for Ep. 200
