Bob Murphy

Author Archive

CK Episode 19: Tackling Inequality

I know it’s on the longer side, but Tom and I agree that this is the best one yet. People in the Houston area definitely want to listen to my message in the beginning.

“Get to Higher Ground”

Dan Hagen and I started working on this last September. It is mostly his creative vision, but I helped write it and of course am the lead vocals. Hope you guys like it. I’ll post the link for iTunes next week once it’s available, in case you want to support struggling Nashville musicians.

Free Advice Readers Know Why Monetary Base Is Down

Dennis Gartman is warning people that the monetary base is sharply down. That seems odd, since the Fed hasn’t been selling assets, right? It’s the same thing that we figured out (due to helpful comments from two of our readers) regarding reserves: Bank reserves count as part of the monetary base. So when the Fed’s […]

The Connection Between the Stock Market and the Fed

I notice that Roger Farmer has been following this. The below is the chart I put into my article in the September 2015 issue of the Lara-Murphy Report. I was pointing out how the S&P500 had big drops whenever a round of QE ended, and then again in August when (at that point) people were […]

A Nice Review of The Primal Prescription

I’m not sure who this reviewer is; it looks like he writes a lot about health care / ObamaCare at this website. Anyway, a nice review of my book (co-authored with Doug McGuff), The Primal Prescription. An excerpt from the review: The Primal Prescription is written in a conversational style, avoiding jargon, and brims with […]

Pareto Big Macs

David R. Henderson has a nice post hitting on the sunk cost fallacy in typical discussions over drug pricing. You can see in the comments though that I think this is a trickier topic than perhaps David realizes. (Or, alternatively, David doesn’t realize how much clearer his thinking is on this than the average person’s.) […]

World Doesn’t Need US “Leadership” on CO2 Emissions

My latest article at IER. A nice graphic:

My Take on “The Big Short”

Since there was a lag before this review would run, I focused on the role of the ratings agencies. An excerpt: The Big Short leads viewers to believe that shortsighted greed is the ultimate explanation for why the ratings agencies gave their blessing to dangerous products. In one scene, a woman working for a major […]