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Krugman accuses Establishment man John Kasich — of all people — of supporting hard money. Then he tells us that balancing budgets hurts depressed economies. A tone-deaf understanding of American politics, plus old-fashioned Keynesianism — that’s Krugman, and that’s what we discuss today.

Krugman Post Discussed

“Hard Money Men” (February 8, 2016)

Contra Column

“Spending Isn’t Production,” by Bob Murphy

Link Mentioned

Compact for America

Related Episode, Tom Woods Show

Ep. 498 Should We Hold an Article V Amendments Convention? A Debate (Kevin Gutzman & William Jasper)

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