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Debunking Murphy’s Contra Krugman: “Ep. 2 Is More Government Debt what the World Needs Now?” (Updated)

I find the libertarian obsession with Paul Krugman to be both boring and bizarre. And now Robert Murphy, along with another Austrian called Tom Woods, has launched a “Contra Krugman” show, dedicated to debunking Krugman’s column regularly.Their second episode is here: “Ep. 2 Is More Government Debt What the World Needs Now?” This is dedicated to debunking Krugman’s column here: Paul Krugman, “Debt Is Good,” August 21, 2015. I want to focus on Tom Woods’ serious historical error below, one...

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