Ep. 175 The Free Market: Unpopular Without Racism

8 February 2019     |     Tom Woods     |     14

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)

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