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Contra Krugman

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Smashing the Errors of America's Most Famous Keynesian

This book is a relentless assault on the ideas of Krugman, and on Keynesian economics.

FOREWORD BY RON PAUL
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If you believe in the unhampered free market, the New York Times' 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 (Ph.D., 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 whatever 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

Read this book and never lose a debate again.

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ISBN 9781722331795
Publisher Robert P. Murphy
Publication Date 2018
Binding PB
Page Length 598
Dimensions 6x9

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