ThinkProgress, the heresy-hunting thought-control site, lashed out at Ted Cruz last week for advocating some kind of tie between the dollar and gold. Cruz himself is not the issue; the issue is how terrible their article was. Their article is the bologna; the Tom Woods Show is the slicer.
About the Guests
Joseph T. Salerno is academic vice president of the Mises Institute, a professor of economics at Pace University, and the John V. Denson II Professor of Economics at Auburn University.
Jeffrey M. Herbener is chairman of the department of economics at Grove City College and associate editor of the Quarterly Journal of Austrian Economics.
Sponsor
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Article Discussed
“Ted Cruz Embraces Fringe Monetary Policy That Went Out of Style in the 1930s,” by Alan Pyke
Book Mentioned
What Has Government Done to Our Money? by Murray N. Rothbard
What You Should Know About Inflation, by Henry Hazlitt
The Austrian Theory of the Trade Cycle and Other Essays, ed. Richard Ebeling
Price Inflation Chart
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Other Podcast
Enjoy the Tom Woods Show? You’ll love my once-a-week podcast with Bob Murphy, Contra Krugman!
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