Archive for October, 2011

Rothbard Bask

Well I guess I shouldn’t be surprised. Blogging something that could even be construed as a critique of Bob Wenzel’s take on something having to do with Austrian economics–even though you twice deny that that is what you are doing–is as reckless as peeing on an electric fence. To refresh your memory, yesterday I wrote […]

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US Government on Libya: Before and After

Here’s President Obama talking about the US government’s goals for Libya. You can safely move the pointer to the 1:00 mark. Now here’s Secretary of State Hillary Clinton (HT2 LRC): (You just know those Arab terrorists–the irrational bloodthirsty lovers of violence–are going to misinterpret the second one. So paranoid. “The Americans are out to get […]

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Murphy Debate With Sumner in January

It’s on. (I was going to link to an Eazy-E video of the song with that title, but remembered that women and children read this blog.) We haven’t picked an official date yet, but Sumner and I will go toe-to-toe in January. The topic? Anthropogenic climate change. He’s for, I’m against. Or maybe we’ll talk […]

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Quick Note on Consumption vs. Income Tax

[UPDATE: This whole “disagreement” with Rothbard may have been a figment of my bad memory; see this post.] Some people are asking me about Robert Wenzel’s take on Peter Schiff/Herman Cain on tax theory. I would have to sit and think through Rothbard’s argument about a consumption tax getting shifted back onto the incomes of […]

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The House That Sumner Built

For those who don’t follow these things, Mugato would say Scott Sumner is so hot right now. Now even Krugman endorses Sumner’s general worldview. I was reading Brad DeLong’s take on the whole affair, and found this excerpt revealing: By contrast [with the Fed buying assets with new money], the alternative expansionary policy is for […]

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Continuing the Murphy NYU Tradition

If I do say so myself, I was good at making jokes while we studied really geeky economics stuff at the doctoral program in NYU. I am glad to see two people following in my illustrious footsteps, though upon closer inspection I see they are PhDs and not students (HT2 MR, and I only watched […]

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Touching Request from Robert Downey Jr.

This is really neat. I don’t want to say what it is, in case you haven’t heard. (HT2 Tom Woods at LRC)

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Friendly Monthly (Price) Inflation Update

Relying on the official BLS reports that came out yesterday and today on the Producer Price Index (PPI) and Consumer Price Index (CPI) respectively, here are the price increases for various categories over the course of the year from September 2010 through September 2011: Consumer Prices not counting food and energy: +2.0% Consumer Prices, all […]

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