Bob Murphy

Author Archive

The Man With the Plan

I thought I should actually state my long-term vision for liberty.

==> Lew Rockwell explains why he’s an anarcho-capitalist. ==> The Pope, Mario Rizzo, and Tom Woods walk into a bar. Then they start arguing about capitalism. ==> Brad Birzer (the guy who let me give a guest lecture to his Hillsdale class on anarchy, incidentally) reviews Man of Steel. ==> Yet another post from me […]

Stephen Williamson Takes the Stand on QE and Price Inflation

In light of all the attacks on Stephen Williamson–Noah Smith has provided the best summary I’ve seen in his updates at this post–my inner defense attorney instincts have been activated. (Nicky, this is not Nam, this is blogging; there are rules.) So I offer the following testimony. Do with it what you will: Bob Murphy: […]

Krugman Admits Two Key Facts About ObamaCare

In the past (not going to bother digging it up), Krugman has argued that the Republicans who were desperately trying to avert the onset of ObamaCare were belying their own arguments. If they actually thought it would be a disaster, Krugman argued, then they should let it get implemented, because then everyone would see how […]

The New York Times Misdiagnoses the Problem

In a story that’s making the rounds, the NYT reports on outrageous hospital bills: With blood oozing from deep lacerations, the two patients arrived at California Pacific Medical Center’s tidy emergency room. Deepika Singh, 26, had gashed her knee at a backyard barbecue. Orla Roche, a rambunctious toddler on vacation with her family, had tumbled […]

Joe Romm Somehow Views a Carbon Tax as a Reward

I will be regularly blogging at the Mises Canada site. It’s run by Redmond Weissenberger, who is an Austrian but with a special focus on the energy sector and climate policy. (In general I do a lot of work for Canadian outlets because oil and natural gas are so big up there.) Redmond is also […]

The Difference Between Higher Prices and Rising Prices

OK, my post about Williamson’s QE argument left some people confused. It sounded like I was saying that price inflation causes people to want to hold more money. Huh? The problem here is confusing higher prices with rising prices. The two are obviously quite related, but they’re not the same thing. I’ll state two principles, […]

Am I Reading This Right?

Dang, I think the chickens are coming home to roost from all the times I called Scott Sumner “insane.” In an update to his post on Williamson Scott writes: Update: Kudos to Bob Murphy for getting there before I did. I wonder if the quickness someone gets to the problem with Williamson’s argument is inversely […]