Ep. 28 Income Mobility Really Does Exist, Paul Krugman
Contra Krugman with Bob Murphy and Tom Woods
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.
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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!