Bob Murphy

Author Archive

Potpourri, Peter Schiff Edition

==> The blogosphere is full of claims that he got “pwned” by Scott Sumner in this exchange on Kudlow. I don’t see how. Sumner said that if the official (price) inflation numbers were bogus, then that would mean the real economy was shrinking. Such a claim has always astounded me; I can’t believe libertarians find […]

I Would Lose My Inflation Bets If They Weren’t Attached to My Neck…

OK a while ago I made a post where I typed in the prices of various items that I (at the time) bought all the time at the grocery store, such as milk and “Goldfish” crackers for my son. I just spent 10 minutes interrogating Google and can’t find it. Does anyone want to put […]

I’ll Take Their Flying Cars, Then

Apparently David R. Henderson is at least intrigued by Joshua Gans, who writes: We should question the premise of whether we want flying cars. We would like quicker and less constrained options from getting from A to B but flying around in a car, while it may be a representation of the future with such […]

“Sweet Caroline” from the Grassy Knoll

You can’t see the size of the crowd, but the audio quality is better. My enthusiasm makes up for my vocal deficiencies.

Second Chance: I Do “Sweet Caroline” Again at Mises U With Fly By Radio

As I explained on Facebook, at this rate I will hit all the notes by Mises U 2024:

Is It Better to Malinvest During a Recession?

Evan Soltas (HT2 Scott Sumner) writes a more balanced view (compared to Matt Yglesias, who called Summers a communist) on Larry Summers allegedly problematic concern over low interest rates leading to malinvestments. To refresh your memory, here is what Summers said back in 2012, that is now causing a lot of people to flip out […]

Why Maiden Lane?

I am using this excellent J.P. Koning post (at Nick Rowe’s hangout) for an upcoming paper, but I wanted to draw everyone’s attention to this interesting fact: There is also a not-so-well known legal route by which the Fed has purchased assets in the past. The restrictions set by Section 14 [of the Federal Reserve […]

Yet Another Odd Complaint Against Religion

There’s a new thingie (I refuse to use the word “meme”) floating around Facebook telling the story of a new pastor who dresses as a homeless man and goes to his new church, with only the church elders in on the secret. As you might expect, he is shunned by his new flock, and the […]