Ep. 116 Krugman Hearts the Neocons for Their Principles

6 December 2017     |     Tom Woods     |     5

Krugman is upset that more Republicans aren’t speaking out against the tax bill that’s been in the news. But there’s one bright light for Krugman: the neocons. Lots of them have been soundly anti-Trump, and Krugman appreciates their adherence to principle. (Funny, we don’t recall Krugman ever admiring Ron Paul’s adherence to principle, and his led to far fewer deaths….)

Krugman Blog Post

La Trahison des Clercs, Economics Edition” (December 3, 2017)

Contra Columns

Delong and Krugman make “math error”, while falsely accusing Greg Mankiw of making math error!,” by Casey B. Mulligan
What Economic Research Says About Fiscal Austerity and Higher Tax Rates,” by Bob Murphy
Krugman: Whether Potential GDP Is Up, Down, or Sideways, It’s More Evidence That I’m Right,” by Bob Murphy

Krugman Article Mentioned

Errors and Lies” (May 18, 2015)

Need More Episodes?

Tom and Bob have their own podcasts! Check out the Tom Woods Show and the Lara-Murphy Report.

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  • https://www.facebook.com/david.rogers.hunt David_Rogers_Hunt

    Skynet for 2020!

    I apologize if this seems off topic (it is) but I am just so excited, and I didn’t have anyone else to shout out to!!! This is a week of astounding significance, I kid you not!

    The article, The future is here – AlphaZero learns chess by Albert Silver, 12/6/2017 explains this fairly well for those of us who play chess but are not that tech savy.

    Imagine this: you tell a computer system how the pieces move — nothing more. Then you tell it to learn to play the game. And a day later — yes, just 24 hours — it has figured it out to the level that beats the strongest programs in the world convincingly! DeepMind, the company that recently created the strongest Go program in the world, turned its attention to chess, and came up with this spectacular result.

    This same technology also learned how to play Shogi, and Reversi in a similar tabula rasa fashion. At this point in history, there are no board games that computers don’t handily outplay humans at.

    I’m just so excited! One of the biggest biggy’s on my bucket list just happened. Hurray!

  • https://www.facebook.com/david.rogers.hunt David_Rogers_Hunt

    Skynet for 2020!

    I apologize if this seems off topic (it is) but I am just so excited, and I didn’t have anyone else to shout out to!!! This is a week of astounding significance, I kid you not!

    The article, The future is here – AlphaZero learns chess by Albert Silver, 12/6/2017 explains this fairly well for those of us who play chess but are not that tech savy.

    Imagine this: you tell a computer system how the pieces move — nothing more. Then you tell it to learn to play the game. And a day later — yes, just 24 hours — it has figured it out to the level that beats the strongest programs in the world convincingly! DeepMind, the company that recently created the strongest Go program in the world, turned its attention to chess, and came up with this spectacular result.

    This same technology also learned how to play Shogi, and Reversi, in a similar tabula rasa fashion. At this point in history, there are no board games that computers don’t handily outplay humans at.

    I’m just so excited! One of the biggest biggy’s on my bucket list just happened this week! Hurray!

    • Tyler Folger

      I don’t remember what the final consensus was on denoting sarcasm in posts, so I’m not sure how to evaluate your excitement.

      • https://www.facebook.com/david.rogers.hunt David_Rogers_Hunt

        Understandable.

        When technology has reached the point where it can self-teach itself without human supervision,… it means, for good and for bad, that the second Cambrian Revolution is quickly coming upon us. The first Cambrian Revolution gave the world multi-cellular life with specialized cells and organs and large bodies and, eventually, generalized intelligence. The second Cambrian Revolution is giving us inorganic life and intelligence that can go out into the world and into space where organic life is not well suited for.

        Basically, we are all encapsulated by Alvin Toffler’s Future Shock where anything imaginable is probably not crazy enough, where the first person singular perspective may be utterly shattered, and where all bets are off.

        Utlimately, I am very optimistic about the eventual outcomes,… but the process to get there will make the 20th century look fairly calm and bland by comparison.

        Why am I optimistic? Check out James P. Hogan’s, Voyage from Yesteryear and Two Faces of Tomorrow to see why.

  • davegrille

    The neocons have no strongly held beliefs!