Bob Murphy

Author Archive

Tom Woods and I Talk Japan, Plus a Surprise Announcement

As I said on Facebook, it might be about the Flying Spaghetti Monster we captured. Or should I say, Spaghetti Monster.

The “Best” of Gruber In One Short Video

I’ve already shown the first and third clips on this blog (separately), but the middle one is new to Free Advice. BTW, Steve Landsburg is cool with Gruber’s handling of the Cadillac tax stuff. I am collecting my thoughts before officially responding, but let’s just say I’m much more receptive to Jim Bovard’s take.

“Lord Keynes” Calls My Raise on Krugman Kontradiction

In my recent post on Krugman’s Kontradiction regarding “contractionary policy is contractionary,” I wrote this: More generally, Paul Krugman (as well as a gaggle of lesser Keynesian analysts) simultaneously believe the following: ==> The sales tax hike in Japan was obviously a stupid thing to do in a weak economy; of course if you make […]

Jim Carrey Exposes the NWO

This is brilliant. If people in the audience think conspiracy theories about the New World Order (NWO) etc. are ridiculous, then this is a mildly amusing comedy bit. If they think those things are true, then Jim Carrey is a hero who is doing what little he can (without putting himself in mortal peril) to […]

Paul Krugman: I Have Always Been At War With Tax Hikes

I coined the term “Krugman Kontradiction” to refer to the Nobel laureate’s tendency to lead his readers in one direction on an issue, then do a total about-face when circumstances make that convenient, while whipping up a new set of assumptions and emphases in his economic analysis so as to reconcile the switch. I’ve got […]

Fox News Compilation of Democrats Praising Gruber

Yes it’s from Fox but the footage speaks for itself… Post by Fox News.

“NGDP” Is An Artificial Construct Invented By Economists

Don’t let Scott Sumner tell you otherwise. The meat from my latest Mises CA post: Regardless of the usefulness of (nominal) GDP as an economic statistic, Scott Sumner (and perhaps some of his fellow Market Monetarists) are incorrect when they lead their readers to believe that this is a “raw” empirical fact, which requires no […]

God, Time, and Action

One of the great things about Tom Woods’ recent exposition of one of Thomas Aquinas’ proofs of God, is when Tom makes a crucial distinction: Aquinas was not making a chronological argument, saying that at some point in the past, a First Mover must have set everything in motion in order to explain today’s state […]