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Book
Contra Krugman
With a foreword by Ron Paul
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 (PhD, 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 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
Listen to this book, and never lose a debate again.
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Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
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Darrell Huff runs the gamut of every popularly used type of statistic, probes such things as the sample study, the tabulation method, the interview technique, or the way the results are derived from the figures, and points up the countless number of dodges which are used to full rather than to inform.
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Aaron Stupple
The Sovereign Child
Could it really be okay to let kids eat whatever they want? Sleep whenever they want? Watch whatever they want? If kids are completely free to make their own choices, they’ll develop damaging habits that will haunt them into adulthood. Surely parents have a duty to set a few limits.
But what if this conventional wisdom is wrong? What if our deepest ideas of how learning works, how knowledge grows, and the nature of personhood all point to the brute fact that parenting philosophies have missed a critical detail?
In The Sovereign Child, Aaron Stupple explains Taking Children Seriously, the only parenting philosophy that accounts for the fact that children are people—their reasons, desires, emotions, and creativity all work precisely the same way that those of adults do. Because of this, much of the conventional wisdom simply cannot work as intended.
Using examples gleaned from his years as a father of five, Aaron takes a close look at the unavoidable harms of rule enforcement and the startling alternatives available when parents never give up on treating children as if their reasons for their choices matter as much as anyone else's.
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