Bob Murphy

Author Archive

The Fed Chairs Have a Habit of Hazing

As I make clear in my recent interview with Tom Woods, I think that Bernanke painted himself (and the US economy) into a corner, then handed the paintbrush over to Janet Yellen. In case I sound “paranoid,” let’s review our history: ==> Paul Volcker took over as Chair of the Fed in August 1979. A […]

Tatiana Moroz to Perform at “Night of Clarity”

This was just on my iPhone. We had a better take on a real camera–in which Tatiana had spoken lines!–but the audio didn’t come through. Anyway, Tatiana will indeed be performing at both the Friday and Saturday sessions for the Night of Clarity on August 15-16. Full details here.

Potpourri

==> S4L response to Piketty. ==> So the government has been caught repeatedly lying about the extent of its NSA activities. I’m shocked. ==> Krugman has already explained that people oppose ObamaCare because they hate poor people. In this post he clarifies: It’s specifically poor *black* people the critics want to get sick and die. […]

Life Insurance: Seceding From the Financial System?

At FEE’s site, I make the case that permanent life insurance is a relatively tame option (as opposed to exotic things like Bitcoin) for seceding from the current system that has trapped so many middle-class Americans. An excerpt: Although Mises refers matter-of-factly to life insurance as a savings vehicle, in the United States it was […]

God Wants You to Choose Life

I was reading an issue of The American Conservative that was complimentary at FreedomFest, and saw this passage from Ezekiel quoted in an ad in the beginning: 21 “But if a wicked man turns from all his sins which he has committed, keeps all My statutes, and does what is lawful and right, he shall […]

Murphy Potpourri

Since I’ve been traveling so much, I’ve been remiss in keeping you up to speed with my machine-like output: ==> What could kill Bitcoin? ==> First Derivatives Are a Tough Knut for Krugman to Crack. ==> Tom Woods and I jerk-shame our libertarian peers. ==> Economic growth isn’t just about technology, it’s also about saving […]

Fed Announces (Tentative) End to Bond Purchases in October

The recently released Fed minutes contain the following information on their plans to fully complete the so-called taper: [P]articipants generally agreed that if incoming information continued to support its expectation of improvement in labor market conditions and a return of inflation toward its longer-run objective, it would be appropriate to complete asset purchases with a […]

Tom Woods Interviews Me About Private Defense

Here’s the YouTube version of my recent interview with Tom: Like what you hear here? Then come to Nashville on August 15 to hear more of Tom and me, plus David Stockman! (And others.) Details here.