Ep. 175 The Free Market: Unpopular Without Racism - a podcast by Bob Murphy and Tom Woods

Krugman says nobody really supports free-market (what he calls "conservative") economics. Racists tolerate it because it's the only way they can get their racism fix; the Republicans, who give them the racism they seek, cling to "conservative" economics, so racists grudgingly accept it. But most Americans are far left on economics, which is why Howard Schultz, who's trying to combine some kind of fiscal restraint with social liberalism, is encountering so much hostility. It's a nutty column, but it yielded a great, punchy episode.

Show notes for Ep. 175

Further episodes of Contra Krugman

Further podcasts by Bob Murphy and Tom Woods

Website of Bob Murphy and Tom Woods