Ep. 117 How Bob Smacked Down Krugman on the Financial Crisis - a podcast by Bob Murphy and Tom Woods

Krugman is claiming that everything he said regarding housing and the financial crisis has been vindicated. The problem, he says, was a general collapse in "demand." Contra Krugman co-host Bob Murphy, on the other hand, has shown in his own writing that in fact the crisis was not caused by a problem with "demand" in general, but with problems in particular sectors, brought about during the inflationary boom.

Show notes for Ep. 117

Further episodes of Contra Krugman

Further podcasts by Bob Murphy and Tom Woods

Website of Bob Murphy and Tom Woods