Because Krugman is a bore, Tom and Bob field questions from the listeners. They handle objections about their recent arguments concerning the economics of slavery, clear up apparent contradictions in…

David Stockman, director of the Office of Management and Budget under Ronald Reagan, joins Tom (Bob is on vacation) to explain what’s really happening with the current inverted yield curve,…

The ordinarily serene Bob Murphy is genuinely outraged in this episode, in which we cover Krugman’s casual claim that Donald Trump is trying to establish an “authoritarian, white nationalist regime.”…

Bob minds the store and explains what is interesting about Krugman’s discussion on bonds vs. stocks as ways to forecast recession, how an inverted yield curve signals problems, and the…

Krugman says that since Trump’s tax cuts amounted to nothing but a giveaway to wealthy shareholders, and since many of those are foreigners, the tax cuts amounted to a perverse…