The Tom Woods Show

Ep. 299 David Stockman: The Keynesian Toolbox Is Empty

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Sinopse

What a pleasure to be joined once again by David Stockman! I strongly urge you to visit his blog and check out his latest book, The Great Deformation (see below). Issues Discussed Financial reporters whose articles take Keynesianism as an unstated starting point Is the apparent Chinese prosperity real? If China’s economy suffers a reversal, how would this affect the American consumer and economy? Why did a Harvard professor recently urge the abolition of cash? How can Paul Krugman claim that nonexistent “austerity” failed, but not think Japan’s experiment in Keynesianism failed? What’s the story in Japan? About the Guest David Stockman, a former member of the U.S. Congress, served as chairman of the Office of Management and Budget under Ronald Reagan (1981-1985). Following a subsequent career on Wall Street, Stockman opened his own private equity fund company, Heartland Industrial Partners, in Greenwich, Connecticut. Book David Stockman, The Great Deformation: The Corruption of Capitalism in Ame