Ep. 177 Semi-Sensible Krugman vs. Modern Monetary Theory (MMT)

23 February 2019     |     Tom Woods     |     19

Modern Monetary Theory (MMT) is picking up steam (thanks to Alexandria Ocasio-Cortez and Bernie Sanders), to the point that even Krugman is alarmed. Yes, he says, you will have to raise taxes to pay for what progressives want. This is the episode folks have been asking us for.


Krugman Posts Discussed

What’s Wrong With Functional Finance?” (February 12, 2019)

How Much Does Heterodoxy Help Progressives?” (February 12, 2019)

Related Episode, Tom Woods Show

Ep. 38 Murphy Takes on MMT

Related Episode, Bob Murphy Show

Ep. 18 Warren Mosler Defends the Essential Insights of Modern Monetary Theory (MMT)

Related Links

Murphy: MMT and the Green New Deal
Murphy vs. Mosler Debate on Austrian vs. MMT
Bob’s Mises Wire critique of MMT
Bob defends Krugman against MMTers
Stephanie Kelton responds to Krugman

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!