Bob Murphy

Author Archive

Bitcoin and the Theory of Money

The latest installment in my series on Money Mechanics for mises.org.

BMS ep 117: Responding to Recent Economic Fallacies

Plus I give my thoughts on the labor market. Link here.

Another NYC Dr Talks About covid-19

This is interesting, especially how he says he felt the specialists were mistreating in the beginning.

Why the Current Unemployment Is Worse Than the Great Depression

My latest as mises.org. The key point: However, besides this technical issue, there is a much more fundamental difference between unemployment in the early 1930s and today: back then, the people out of work had been laid off. Yet today, the people out of work are in lockdown. This is an enormous distinction. When the economy crashed […]

Was Jesus Quarantined?

On Twitter, Jeff Tucker asked me to review his recent article using Jesus’ healing of a leper to comment on our current crisis. Let me summarize my two main reactions, and then elaborate on them: Contrary to the title of Jeff’s article, I actually don’t think the Bible account is saying Jesus was put into […]

BMS ep. 116: A Libertarian NYC Doctor Explains the Physiology of the Coronavirus

Before I jump into my podcast episode, let me mention: This is an old SlateStarCodex post on “conflict vs. mistake theory,” that I thought was very illuminating. Now then: My most recent podcast episode is the last I’ll do on the medical aspect of the coronavirus. It fell into my lap; this doctor (a pathologist […]

Do the Econ Textbooks Get Money & Banking Backwards?

The latest installment in my series on Understanding Money Mechanics for the Mises Institute. Once I dove into this one, the solutions seemed pretty obvious. Tell me what you folks think. An excerpt: In chapter 5 we reviewed the textbook analysis of how a central bank buys government debt in “open market operations” to add […]

Bob Murphy Show Double Header on the Coronavirus

My interview with Dave Smith, and then my solo episode giving some toilet paper analysis–I am the whole package–but more important, some practical tips that our household has adopted to stay safe.