06 Jun 2016

Bob Murphy: The Worst Economist in the World

Humor 6 Comments

I repeated the YouTube title because (as someone on Facebook pointed out) it looks like a video hatchet job on me. Nope, just bonus comedy. And that Yoram Bauman has the audacity to still refer to himself as the world’s only standup comedian.

6 Responses to “Bob Murphy: The Worst Economist in the World”

  1. guest says:

    You’re in good company, Bob.

    Wenzel calls Ron Paul an Austrian-Lite:

    Even More Confusion About the Business Cycle
    June 3, 2016

    “The original claim of the Austrian-lite crowd was that the economy was already in recession, not that a bust phase was coming in the future[.]”

    The Keynesians Stole The Jobs
    June 6, 2016

    “I was not surprised by the lousy May employment numbers. Actually, I am surprised that so many others were surprised. While the “experts” have talked about our “economic recovery” since the crash of 2008, I happen to believe we have been in a recession or even a depression for the past eight years.”



    (Aside: The government felt it was necessary to prop up the economy after the housing crash/correction *because* there were still malinvestments that needed to be corrected.

    (So, the correction wasn’t allowed to take place, fully. Which means that even though we had a crash, we were still in a housing bubble.

    (That’s why you can be in a recession and still have boom phases of the business cycle in certain sectors of the economy.)

    • Aby says:

      Maybe they should have a debate on the Tom Woods show?
      I bet it would get a lot of listened.

      • Aby says:

        And Murphy and Wenzel both sell financial Newsletters, so maybe theyd even get a few new subscriptions.

      • guest says:

        Everybody keeps asking for that.

        And Tom Woods has shown that he can be an impartial moderator.

        I hope it happens, too.

        • guest says:

          I mean that everybody keeps asking for a Peter Schiff vs. Robert Wenzel debate, and I hope *that* happens.

          • Aby says:

            I would rather See a Bob vs Bob debate

Leave a Reply