Jeremy R. Hammond, editor of Foreign Policy Journal, talks with Tom Woods about Ron Paul, Paul Krugman, and the Fed's role in the boom-bust cycle.

Paul Krugman likes to claim that he correctly diagnosed what was happening to the economy and advocated the proper measures during the Bush years, leading up to the financial crisis. But put his words side by side with Ron Paul’s, and we discover who the true expert is.

Jeremy R. Hammond, editor of Foreign Policy Journal, talks with Tom Woods about the role of the Federal Reserve in the boom-bust cycle.