Bob Murphy

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==> I realized I haven’t been mentioning it here, but I’ll be speaking in Brooklyn on October 11 with a bunch of other people, including Naomi Wolf and Tom Woods. Here’s the info, and I think if you type in “MURPHY” you get a discount. ==> Bryan Caplan has an interesting post on the internal […]

One More Point on Krugman vs. Gross on QE2

I’m like Columbo. I notice just a slight turn of phrase that other investigators would consider innocuous, yet I realize it shines a spotlight on the killer. Remember: Krugman is now saying that Gross et al. were wrong about QE2 because they suffer “liquidity trap denial” (his actual term lately). That is, these people were […]

Theory and Evidence That QE Pushes Down Long-Term Interest Rates

Thanks to Keshav for the Krugman link I used in the first half of this Mises CA post… Incidentally, if you thought, “Well duh, of course interest rates stayed low, because the Fed did Operation Twist and then QE3!” then you should really read this one. It’s not as open and shut as you’d like […]

Are the Republicans Good on the Free Market?

We already know the Democrats aren’t really the party of peace…turns out the Republicans aren’t laissez-faire champions either. I feel so disillusioned. The intro: In my last post, I challenged the conventional view that the Democratic Party was the dovish one, in contrast to those hawkish Nixon Wage PriceRepublicans. I pointed out that Democrats had […]

Statement About Missing Comments

Hey everybody, A few people have been emailing, complaining that their comments aren’t showing up. I don’t know what is causing it, but for some reason I’m not seeing the comments on my end; they are ending up in limbo somehow. Since I don’t know what’s causing it, I can’t give you tips on how […]

Can the Central Bank Control Interest Rates?

I argue yes, within limits. The weird thing is that I think everybody in this dispute agrees on the caveats, we just summarize the reality in totally opposite ways (i.e. “yes” vs. “no”).

Krugman’s Gross Mistake

The title is the best part of my latest Mises CA, but I think I raise a decent issue in the text too. The conclusion (but I really do handle some of the nuances in the post, so critics please read the whole thing first): Bill Gross made a very public prediction that Treasury rates […]