Ep. 126 Deficit Hawks Are Hypocrites (Says Krugman, Who Is 100% Not a Hypocrite)


Contra Krugman with Bob Murphy and Tom Woods

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Krugman can’t believe Republicans who worried about deficits under Obama — when, according to Keynesianism, we needed deficits to help the struggling economy — have no problem with them today, at a time when Keynesianism would consider them unnecessary.   Yes, there are plenty of Republican hypocrites, whom we do not spare in this episode. But Krugman and his friends might want to be more careful when accusing other people of hypocrisy….   Show notes for Ep. 126
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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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