Krugman can’t believe that the same people warning about expansionary monetary policy under Barack Obama are suddenly concerned about contractionary monetary policy under Donald Trump. You already know part of the answer: Krugman is as inconsistent as the folks he criticize are. But we have much more for you, particularly: what’s so bad about the Federal Reserve’s intervention into the economy?

Krugman Column

“Hard Money Men, Suddenly Going Soft” (December 20, 2018)

Related Links

“Asimov’s Foundation novels grounded my economics,” by Paul Krugman
Wikipedia: Zero Capital Income Taxation

Related Episodes, Contra Krugman

Ep 5. Who’s Crazy?
Ep 57. Everything Is Awesome, So Why Are Trump and Ryan Complaining, Wonders Krugman
Ep 59. The Media’s Tough on Hillary Because of Right-Wing Pressure, Says Paul “La-La Land” Krugman

Related Episode, Tom Woods Show

Ep 247. Could the ‘Taylor Rule’ Have Prevented the Housing Bubble?

Need More Episodes?

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

The Contra Cruise!

Join us as we set sail for Alaska, July 5-12, 2019!