Ep. 219 Krugman Wants Perpetual Deficits - a podcast by Bob Murphy and Tom Woods

In a perhaps surprising move for someone who said "deficits matter again" upon Trump's election, Krugman now makes the case for perpetual budget deficits in the range of 4% of GDP. This will facilitate much-needed "stimulus spending" in an era of weak growth and low inflation. Tom and Bob point out the fallacies in this thinking.

Show notes for Ep. 219

Further episodes of Contra Krugman

Further podcasts by Bob Murphy and Tom Woods

Website of Bob Murphy and Tom Woods