Krugman bewails the mistakes and poor judgment of the establishment on both sides of the Atlantic, because the result has been a popular revolt tending towards fascism. We also discuss the euro, and Krugman’s claim that “austerity” caused great damage to Europe. Paul Gottfried is our special guest.

Krugman Column

“What’s the Matter With Europe?” (May 21, 2018)

Contra Columns

“Fiat Money and the Euro Crisis,” by Bob Murphy
“What Economic Research Says About Fiscal Austerity and Higher Tax Rates,” by Bob Murphy

Guest’s Book

Fascism: The Career of a Concept

The Contra Cruise!

Join Bob, Tom, and special guests for the third Contra Cruise — the best liberty week of the year!

Need More Episodes?

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