Even if Republicans don't get their way on taxes or spending, don't be fooled, says Krugman: they have lots of other ways to make workers miserable.
Ron Paul joins us as our special guest on episode 100! We cover health care, the Trump foreign policy, trade, the splintering of the “liberty movement,” and more. Enjoy!
Krugman claims the downturn of 2008 was caused by inadequate "demand." The Austrians claim the downturn was more complicated: it involved problems in particular sectors that had been artificially expanded, not a system-wide problem of not enough spending.
Thankfully, we can resolve this dispute swiftly enough -- and we do, in this episode.
Republicans are incorrigibly wrong on issue after issue, from taxes to health care, says Krugman. They have no respect for experts, for data, or for the truth itself.
And yet it turns out that the guy who's wrong is...(you'll never guess).
How do central banks hurt the common man? That's the theme of our discussion in this episode, recorded live at the Mises Institute's annual week-long instructional program for students. Professor Jeffrey Herbener of Grove City College and Ph.D. candidate Louis Rouanet join us.