Ep. 241 Krugman Confuses on Trade Surpluses

Bob Murphy Show

English - June 01, 2022 13:00 - 46 minutes - 37.7 MB - ★★★★★ - 451 ratings
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Previous Episode: Ep. 240 Why Putin’s Moves Won’t Strengthen Ruble

Next Episode: Ep. 242 Thoughts on the Libertarian National Convention, and Is the Fed Going to Cause a Recession?

Bob uses a recent Krugman article to highlight how free-traders sometimes confuse the public on the nature of trade surpluses. Contrary to Krugman, there's nothing foolish about exporting more than you import.

Mentioned in the Episode and Other Links of Interest:

Bob's mises.org critique of Krugman's NYT column.Bob's critique of the WSJ subtitle for a Barro op ed.Bob's novel Minerva (pdf version compiled by a listener).Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.