You’ll never guess: Krugman contradicts himself this week, but only Bob Murphy, who knows Krugman’s columns inside and out, caught him. This week the topic is whether it’s a good idea at some point to repay the national debt at less than face value. Krugman is horrified, so maybe it’s a good idea….

Krugman Column

“The Making of an Ignoramus” (May 9, 2016)

Special Offers

Get three free issues of the Lara-Murphy Report, Bob Murphy’s financial publication! Click here.

Get a free, 22-lecture, non-government-worshiping course on the U.S. presidents from Tom’s Liberty Classroom at FreeHistoryCourse.com.

Contra Columns

“Keynesians on Treasury Default: Depends Who’s in the White House,” by Robert P. Murphy
“Trump’s Right — Paying Back the National Debt with ‘Discounts’ Is Already Official Policy,” by David Stockman
“Repudiating the National Debt,” by Murray N. Rothbard

Related Episode

Ep. 33 Krugman and Hamilton Sitting in a Tree

Event Mentioned

Mises Circle in Seattle, May 21, 2016

The Contra Cruise

Join us October 9-16 for an unforgettable week at sea!

Need More Episodes?

Check out the Tom Woods Show, which releases a new episode every weekday. Become a smarter libertarian in just 30 minutes a day!