Paul Krugman claims he’s gotten everything right in his analysis since the financial crisis, and that his opponents have been dead wrong. Bob Murphy identifies three major areas in which Krugman himself has been dead wrong, and then shows how he’s tried to weasel out of them.
About the Guest
Robert P. Murphy holds a Ph.D. in economics from New York University. He is the author of numerous books (see below), including study guides to Ludwig von Mises’ Human Action (study guide here) and The Theory of Money and Credit (study guide here), and Murray Rothbard’s Man, Economy, and State (study guide here).
Books by the Guest
Lessons for the Young Economist (free textbook; click here for a free teacher’s manual)
Chaos Theory (available free)
Understanding Bitcoin (with Silas Barta; available free)
The Politically Incorrect Guide to Capitalism (also available as an audiobook)
The Politically Incorrect Guide to the Great Depression and the New Deal (also available as an audiobook)
“Paul Krugman: Three Wrongs Don’t Make a Right,” by Robert P. Murphy
Like the new TomWoods.com? It was designed by my friends at Studio 1 Design. They’ve agreed to give my listeners 10% off any design project through this special link.
Need inexpensive web hosting? Get a discounted rate at Bluehost — just $3.95 per month! — for TomWoods.com visitors by using this special link.
Disclosure: Some of the links on this page, like the Amazon links above, are affiliate links, which means I earn a commission if you click through and buy something. So if you do, do so in the happy knowledge that at no extra cost to yourself, you are helping the Tom Woods Show!