14
May
2011
Murphy vs. Fed Economist
This was my debate with Gerald Dwyer, an economist who worked for the Atlanta Fed back in February. I am at a hotel right now for a Mises Circle event so I haven’t been able to watch any of this.
On the off-chance that some new readers haven’t heard about it, I have a campaign to debate Paul Krugman. Make your pledge today!
Not on youtube? Mises.org is going to pay for a lot of bandwidth when this goes viral! :0
Forget Krugman, you should debate Warren Mosler!
I don’t see average people buying into the MMT theory of the abolition of the law of scarcity or any of the non-Keynesian parts of the wacky MMT monetary plumbing theory.
However, while they don’t really buy into the Keynesian hoax, they need to know and understand that it is a hoax and that it what is guiding the Fed, the Ben Bernank and BHO. Then they will get out the pitchforks.
Dwyer’s point about “the Fed doesn’t set real interest rates” was a lame duck. After all, real interest rates are negative! Is he really saying that negative interest rates are a normal feature of free markets?
I just want to know how much the gift certificates were worth!
halfway through – very very good. keep it up.
Could you please post the slides from your talk?