Author Archive

Tyler Cowen’s Expansive Definition of Externalities

Jeff Bezos can spend his money on himself, or he could give it to other people, so they could spend it on themselves. If he opts for the former, this is a clear-cut negative externality. Right? I think most economists would agree that that is a terrible argument. And yet, it seems to be what […]

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Murphy Formally Withdrawing from the Auburn-Fairfax Peace Treaty

Several years ago, a bunch of Austrian economists affiliated with the Mises Institute agreed to a peace treaty with a bunch of economists affiliated with George Mason University. At the time, there had just been a really ugly online battle, not so much between the actual professional economists, but among their fan bases. Although I […]

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LSE Climate Economics “Expert”: Liar or Stupid?

I report, you decide. I am working on a study for the Fraser Institute that relies on the work of William Nordhaus. Long-time readers of my stuff know the irony of this work, because Nordhaus won the Nobel (Memorial) Prize in 2018 for his pioneering work on climate economics, on the same weekend that the […]

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Bob Murphy Triple Play

==> Here’s my recent article for mises.org, explaining and criticizing one of the important contributions of the late Nobel laureate, Robert Mundell. ==> BMS ep. 196, in which Stephan Livera interviews me on the economics of Bitcoin. (There’s some new ground I cover in this one, if you’ve heard me talk about Bitcoin before.) ==> […]

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Potpourri

==> If you want to hear me talk even more about the Texas blackouts, I was recently on Bill Peacock’s podcast. ==> Jeff Deist has interesting thoughts on how Rothbardians should think about Big Tech. I especially liked his analogy of how the legal treatment of horse thieves has understandably evolved, and what implications that […]

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No Country for Old Men, Sound Guy

I just discovered this. Apparently Kevin James does a bunch. In any event, this one is good/funny.

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BMS ep 195: Scott Horton on Osama bin Laden’s Plan to Take Down the US

Audio here, video below. Some hard-hitting stuff.

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BMS ep 194: How a Voluntary Society Would Handle Blockades and Immigration

Some deep thoughts, in which I elaborate on two ideas I used in the novel Minerva I wrote in grad school.

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