Bob Murphy

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==> Joe Salerno offers a rebuttal to Paul Krugman’s high-five of “Lord Keynes” post about Mises on the Great Depression. ==> Two really interesting interviews from Tom Woods: Peter Schiff (where he talks about his dad, something I haven’t heard him discuss before) and Walter Williams (who near the end explains the connection between white […]

Krugman on Turkey

As faithful readers know, I was wondering how Krugman would deal with the fact that the Turkish central bank felt compelled to sharply raise its interest rates across the curve, in order to fend off an attack from the Visible Currency Vigilantes. (I am now clarifying that this is a more accurate description than “Bond […]

The Bernanke Legacy

The WSJ recently ran an interesting assessment of Bernanke’s legacy, as he chairs his final FOMC meeting this week. It opens with this provocative paragraph: As the Federal Reserve Chairman prepared to step down, the encomiums rolled in. “The most successful tenure in Fed history,” said the S&P economist. Added a former Fed Governor: “He […]

The Kronies

I had seen this floating around, but never thought it would be worth my time to click. But a buddy emailed it to me directly, and yep, it’s pretty funny.

Regression Pitfalls: Why Growth Rate versus Level Could Be Crucial

Daniel Kuehn and I have been reading a lot of the major papers in the minimum wage debate. (I had asked Daniel if he would be willing to work through these papers with me, since this is his area and [given our different political perspectives] I wanted to make sure I was being fair to […]

Peter Schiff on The Daily Show

On Facebook, I see libertarians are blasting Schiff for walking into an obvious trap. Give me a break, kids: If Samantha Bee wants to interview me tomorrow about private defense agencies, I’m saying “yes.” You don’t turn down the Daily Show. The Daily Show Get More: Daily Show Full Episodes,The Daily Show on Facebook

“A Conference Call in Real Life”

This is perfect:

Is Turkey Benefiting From an Attack of the (Visible) Bond Vigilantes?

In addition to claiming that the bond vigilants are invisible (i.e. nonexistent), Paul Krugman has also argued that even if investors around the world suddenly lost confidence in Treasury bonds (because of fears over Uncle Sam’s profligacy), it would actually be good for the economy. For Krugman’s argument to apply, a country needs to (a) […]