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  • Contra Krugman

  • Smashing the Errors of America's Most Famous Keynesian
  • Written by: Robert P. Murphy
  • Narrated by: Thomas E Woods Jr
  • Length: 15 hrs and 51 mins
  • 5.0 out of 5 stars (4 ratings)

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Contra Krugman

Written by: Robert P. Murphy
Narrated by: Thomas E Woods Jr
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Publisher's Summary

With a foreword by Ron Paul

If you believe in the unhampered free market, The New York Times columnist Paul Krugman thinks you're an idiot.

This book is a relentless assault on the ideas of Krugman and on the Keynesian economics that would have the government direct the economy in order to maximize prosperity and prevent recessions.

In fact, the more they try to manage the economy the worse they make it - as during the housing bubble years when the Fed and the federal government colluded to gin up the housing market in order to keep the economy robust after 9/11. Oops.

Unfortunately for Krugman and his followers, Krugman is able to declare victory for Keynesianism only by citing highly selective data, by ignoring or misrepresenting his own predictions, or by misstating the views of his opponents. Krugman even claims to have predicted the housing bubble - after having called for the very policies that created it.

Economist Robert Murphy (PhD, NYU) has an uncanny ability to recall Krugman's columns and interviews and puts his command of this material to devastating use in this book. As Murphy shows, in no way can it be said that Keynesian analysis has won the day. To the contrary, the Austrian School - which has been critical of government intervention, particularly central banking - has been vindicated in episode after episode.

Topics include:

  • The Great Depression 
  • Obamacare
  • Krugman's predictions
  • Monetary policy
  • Climate change
  • Financial "reform"
  • Employment and wages
  • The minimum wage
  • Business cycles 
  • Stimulus

Listen to this book, and never lose a debate again.

©2018 Robert P. Murphy (P)2018 Robert P. Murphy

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Economics in understandable language

There is a build up in this book, that showcases the authors research and pin point accuracy. The story leads to an impact in the last few chapters that bring the reader to an overwhelming moment of clarity to the political and financial difficulties we are all to face.
Tom Woods soothing character makes it an easy listen. Keep up the great work.

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Krugman won’t know what hit him!

(Because I doubt he would ever take the time to read this book!)

This is a stunning rebuke of Keynsianism’s most prolific economist, Paul Krugman. I highly recommend it to anyone who finds the claim that the government can simply spend more to fix virtually all problems to be a bit dubious. If you are a rational person, you will love this book.

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