Taking on Paul Krugman with Economist Bob Murphy
On SchiffGold’s “It’s Your Dime,” Mike Maharrey talks with economist Bob Murphy about his Contra Krugman book, how Keynesian economics goes off the rails, the time Paul Krugman ridiculously compared HealthCare.gov to UPS, the trade war, the gold standard and the Great Depression, Bob’s favorite Krugman flip-flops, and more. Robert P. Murphy holds his Ph.D. […]
In aviation, a death-spiral describes the downward, corkscrew-motion of a disabled aircraft that’s unrecoverably headed for a crash. If you pilot an aircraft, you never want to find yourself in a death-spiral — for obvious reasons. Well, The federal government may well be in a death spiral of its own – or perhaps we should call […]
Several times a week, I see Trump supporters touting the rising stock market and “booming economy” as proof of his economic prowess. Sadly, they are being led down a primrose path to ruin. I’m going to sum this up as simply as I can. The economy and the stock market are – to steal a […]
While all eyes are distracted by the Kavanaugh political circus, other things keep getting worse.
I’ve come to a conclusion: there is a segment of Trump supporters out there who are delusional. They are so blinded by the cult of personality that they can’t objectively look at reality. Last month, the Trump administration broke the one-month record for spending. In other words, Trump and his Republican colleagues in Congress are […]