Bob Murphy

Author Archive

Potpourri

==> At IER, I tag Steve Landsburg to jump in on the gas tax question. ==> David R. Henderson brings to our attention this excellent analysis about the controversial pass call on the goal line. One of the things that most annoys me about Facebook is that everyone suddenly becomes a better football coach than […]

Reconciling Marginal Productivity Theory of Factor Payments With No-Profit in Equilibrium

My latest Mises CA responds to a reader who thought he had discovered a contradiction in Rothbard. An excerpt: Notice that in this outcome, it is still true that an entrepreneur earns a “surplus” on the inframarginal units. However, such an entrepreneur is starting out with a bunch of fixed costs (based on other expenditures […]

Potpourri

==> My latest at Mises CA, urging caution about that neat Texas jobs growth graphic that’s been floating around. ==> David Beckworth–who wants a kinder, gentler Market Monetarism–sent me Bill Woolsey’s reply to my stuff about Switzerland. Sure, as with any intervention, you could do follow-up interventions to postpone the bad consequences. In this case, […]

Tom Woods and I Get Worked Up Talking About Thom Hartmann

Here are the show notes that go along with this interview:

Potpourri

==> Just an announcement, kids, I’m scaling back my frequency of posts at Mises CA; I’m just too busy. If you want to take your hand at it, feel free to pitch ideas to them at contact@mises.ca. They often get picked up by ZeroHedge if that matters. ==> Someone else made a print version of […]

Solving the Great Piketty Minimum Wage History Mystery

My latest at Mises CA. For the quick version, Phil Magness showed me a data table from Piketty that makes it clearer what the heck happened with Piketty’s erroneous “history” of the U.S. minimum wage. Specifically, Piketty came up with annual values by looking at the minimum wage as it stood on January 1 of […]

Science vs. Religion? Ravi Zacharias Fields a Question Citing Agnostic Thinkers

Last one for now. I want to show why I said RZ is very educated in his apologetics. Just watch the guy’s question (takes about a minute), then fast forward to the 7:15 mark or so when Ravi takes the floor to respond.