Kevin Duffy on Krugmanomics and real economics

Krugmanomics: never trust the people (the free market), always trust the government. There is no problem that can't be solved by government spending, borrowing, taxing and printing. Whenever this leads to a crisis - which it inevitably does - blame it on the free market and respond with more government. Rinse and repeat... until the government runs everything and you've turned your economy into the former Soviet Union or Venezuela. 

If you want real economics, turn off this charlatan and read Economics in One Lesson by Henry Hazlitt.

~ Kevin Duffy, April 25, 2021

(For a free copy of Hazlitt's 1946 classic, click here.)