Bob Murphy

Author Archive

Krugman Can’t Stand People Who Switched Their Fiscal Policy Views From the Bush Years

[UPDATE below.] I’m sure most people wouldn’t have caught this, but that’s why you kids have me on the job. In trying to show everyone how intellectually dishonest Republicans are, Krugman stretches so far that he throws his back out. Follow me: In discussing a Pew poll on evolution, Krugman argued that Republicans moved their […]

Is Market Monetarism Pining for the Fjords?

Scott Sumner has a new post at EconLog saying that Keynesianism isn’t just resting (in reference to the famous Monty Python “Dead Parrot” sketch). Scott does a great job busting Mike Konczal, who earlier in 2013 had said the year would be a great test for market monetarism vs. Keynesianism. Since the Keynesian warnings about […]

New NYC Mayor Not Horsing Around

I saw someone mention this on Facebook, and thought it was satire: New York City Mayor-Elect Bill de Blasio wants to completely ban horse-drawn carriages from the Big Apple, saying it’s cruel to animals. From the CNN story: Horse-drawn carriages could soon be a thing of the past in New York City’s Central Park after […]

Potpourri

==> I had briefly toyed with the idea of ignoring Krugman in 2014, but then I realized: You guys want me on that wall, you need me on that wall. For now: A while ago someone exclaimed with horror in the comments here that Krugman was referring to his opponents as cockroaches, and that this […]

Yet More on Tyler Cowen on Bitcoin

Say what you will about him, Tyler is a sport and retweeted this guy, who has a “Tyler vs. Tyler” post up. The money excerpt: …Tyler is able to derive the following theorem: “the value of WitCoin should, in equilibrium, be equal to the marketing costs of its potential competitors.” To put this in simpler […]

Krugman Once Again (Unwittingly) Confirms What the Critics Warned of ObamaCare

Unfortunately I can’t find it now, but at some point in 2013 Krugman was making the argument that deep down, Republicans knew ObamaCare would actually be a good thing, and that’s why they were fighting it tooth-and-nail before implementation. For if ObamaCare actually were a disaster, Krugman continued, then it would be plain as day […]

Potpourri

==> I am going to be at the First Annual “Save Long Island” Forum in mid-January. If you buy your tickets in 2013, they are 50% off. I will be debating “Money Masters”‘ Bill Still Friday night, and there are lots of interesting speakers/performers. ==> Tucker talks teetotalling in a tux. ==> The NSA really […]

But the Progressives Told Us Abenomics Would Be Good for Japan

Chris S. gave me the idea for my latest post at Mises Canada, by pointing out that Japan’s Cabinet just approved another “stimulus” package to help its faltering economic recovery. Chris reminded me that earlier in the year Krugman had held up Japan’s “Abenomics” as a model for US deficit hawks to follow. As I […]