Bob Murphy

Author Archive

Thoughts on the “Nobel” Prize in Economics

This is that special time of year when MarginalRevolution destroys Free Advice in not only objective but also subjective value. Alex and Tyler have so many posts on the new economics laureates that I would just direct you to MR on October 14, 2013. The most obvious reaction is to ask: Did the committee just […]

Yglesias vs. Mises on War Inflation Finance

In this intriguing post (since he mostly heaped praise on Ferguson in spite of the latter’s attack on him) Matt Yglesias writes: [T]he moral of [Ferguson’s book discussion of World War I] here is that when it comes to major sovereign states, strict considerations of public finance and the government deficit are not so important. […]

Krugman on ObamaCare: If We Can Insure Just One Person…

In light of the disastrous problems people are having signing up with ObamaCare–on NPR they just said the White House is still refusing to release any numbers–we’ve had some fun with Krugman’s proclamation on October 1, in a post titled, “Good Glitches,” where Krugman triumphantly informed us: So, very early reports are that Obamacare exchanges […]

Danny Sanchez Interviews Me: Part 3 of 5 (Water/Diamond etc.)

This is part 3 of 5 of Danny’s interview with me. Remember to sign up for my class, starting this Thursday!

Free Will and Jonah

We’re going through the book of Jonah at my church, and last week (I think?) the pastor said something that blew me away. He pointed out that in the story, there are times when God commands the wind and the sea, the fish, and a worm to do various things. Not only do they obey […]

Feel the Vibration!

This apparently was from January 2012:

Why Misesians Need to Tread Cautiously When Disparaging Bitcoin

In my EconLib article on Bitcoin, I wrote: Some critics rely on the work of Ludwig von Mises and his “regression theorem” to argue that the world will never embrace Bitcoin as a true money. According to this argument, Mises demonstrated that all money—even today’s fiat money—must have been, at some point in the past, linked […]

Someone Tell Krugman: More “Good Glitches” on Health Exchanges

Remember that on opening day of Healthcare.gov, Paul Krugman said the fact that people were hitting snafus with the website was actually a good thing, a sign of how many people were signing up. Well, Tyler Cowen links to Bob Laszewski’s alarming report on his investigations into the implementation of the ACA (aka ObamaCare). Here’s […]