Ep. 99 Krugman Doesn't Get What Happened in 2008 - a podcast by Bob Murphy and Tom Woods

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.

Show notes for Ep. 99

Further episodes of Contra Krugman

Further podcasts by Bob Murphy and Tom Woods

Website of Bob Murphy and Tom Woods