Ep. 175 The Free Market: Unpopular Without Racism

8 February 2019     |     Tom Woods     |     7

Krugman says nobody really supports free-market (what he calls “conservative”) economics. Racists tolerate it because it’s the only way they can get their racism fix; the Republicans, who give them the racism they seek, cling to “conservative” economics, so racists grudgingly accept it. But most Americans are far left on economics, which is why Howard Schultz, who’s trying to combine some kind of fiscal restraint with social liberalism, is encountering so much hostility. It’s a nutty column, but it yielded a great, punchy episode.

Krugman Column

The Empty Quarters of U.S. Politics” (February 4, 2019)

Contra Column

“How Many Libertarians Are There? The Answer Depends on the Method You Use,” by Emily Ekins

Episode Mentioned, Tom Woods Show

Ep 237 Why Are We So Rich? (Deirdre McCloskey)

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!

Share this post:Digg thisShare on FacebookGoogle+Share on LinkedInPin on PinterestShare on StumbleUponTweet about this on Twitter
  • Scott Coleman

    The Quality of the shows recorded during the Keith Richards Hours R Off the Charts!!@

  • davegrille

    There are no real cuts in government being planned by Trump .

  • NoMoreFed

    I liked the point that Bob made about how most everyone with an opinion on the picture of the Virginia governor is acting as a libertarian. I think many libertarians often miss this point. In terms of libertarianism, it doesn’t matter if you are racist, or kind, or mean, or believe in gay marriage, or believe in a certain religion. The thing that matters in terms of libertarianism is whether you advocate the initiation of force.

    One other point – We shouldn’t forget the long history of class warfare. It is nothing new. I’m not even sure if the intensity in it is new. I remember Dick Gephardt from the 1990s and early 2000s and all of his annoying speeches about getting the rich.

  • Cynthiacurran

    The M generation is similar to the greatest generation. The greatest generation also like a lot of government since they went through the Great Depression. They the greatest generation supported the most expanded of the welfare state like Social Security and later on voted for Lyndon Johnson ‘s Great Society.

  • Tuppenceworth

    The discussion about the survey numbers reminded me of this!
    https://youtu.be/G0ZZJXw4MTA

  • Tuppenceworth

    The discussion on the survey numbers reminded me of this!
    https://youtu.be/G0ZZJXw4MTA

  • Tuppenceworth

    The discussion on the survey numbers reminded me of this!
    https://youtu.be/G0ZZJXw4MTA