Contra Krugman

Contra Krugman


Ep. 99 Krugman Doesn't Get What Happened in 2008

August 11, 2017

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.


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