Ep. 166 Krugman’s Recent Q&A: His (Lousy) Answers, and Ours
Krugman took questions last week on Quora, and they spanned a wide range:
— Has Keynesian economics failed America?
— What are the causes of inequality?
— What will Trump’s long-term economic legacy be?
— Why haven’t wages increased alongside corporate profits?
— Would universal basic income work?
— Can Krugman refute “trickle-down” economics?
— and a whole bunch more.
In this episode, we critique Krugman’s answers and offer our own.
Q&A Session Discussed
Contra Columns
Mark Thornton predicts housing crisis in 2004:
“Housing: Too Good to Be True,” by Mark Thornton
Greg Mankiw on calling Reagan-era advisors “charlatans and cranks”:
“On Charlatans and Cranks,” by Greg Mankiw
Bob (and his co-host Carlos Lara) explain why they think a stock market crash is coming:
Episode 64: Why Is the Stock Market So Shaky?
Book Mentioned
The Primal Prescription: Surviving the “Sick Care” Sinkhole, by Bob Murphy and Doug McGuff
Bob’s New Podcast
Bob’s Latest Book
Contra Krugman: Smashing the Errors of America’s Most Famous Keynesian
Need More Episodes?
Tom and Bob have their own podcasts! Check out the Tom Woods Show and the Lara-Murphy Report.