Ep. 28 Income Mobility Really Does Exist, Paul Krugman
Contra Krugman with Bob Murphy and Tom Woods
Episode
We managed to dig out some economics from yet another standard Krugman attack on the Republican Party. This time it’s his skepticism about the existence of very much income mobility in America. We’ll say this: if government programs had the record of success in this area that the (hampered) market economy has, Krugman would never let us hear the end of it.