Ep. 22 Fear Balanced Budgets and Sound Money, Warns Krugman
Contra Krugman with Bob Murphy and Tom Woods
Episode
Krugman accuses Establishment man John Kasich — of all people — of supporting hard money. Then he tells us that balancing budgets hurts depressed economies. A tone-deaf understanding of American politics, plus old-fashioned Keynesianism — that’s Krugman, and that’s what we discuss today.