Bob Murphy

Author Archive

The Fearlessness of Faith

In my nightly Bible readings, I’ve worked my way up to the Book of Philippians, which is Paul’s letter from prison to the church at Philippi. Here’s an excerpt from the first chapter: 12 And I want you to know, my dear brothers and sisters, that everything that has happened to me here has helped […]

Krugman Almost Renders Landsburg and Me Speechless

On the issue of corporate taxation, Steve Landsburg recently declared that Krugman had rendered him “at a loss for words.” (Although I should add, Steve managed to find 543 words to put in his post.) In this post, Steve wrote: But if his point is that you must claim a share of those profits in […]

Learn the Views of Mises on Money and Banking!

Admit it: You’ve had that copy of The Theory of Money & Credit on your shelf since October 2008. When TARP went through, you thought the end was near, and you needed to go back to the ancient texts to get guidance through the storm. But then Mises started talking about “credit money” and you […]

Follow-Up on Labor versus Investment Taxes

Steve Landsburg thinks he’s got Mate in One in the comments of my previous post, so before he declares victory let me write this follow-up post. To set the context (again), I am dissatisfied when Steve (talking about Mitt Romney) uses a thought experiment to conclude, “people with investment income bear a higher tax burden, […]

Potpourri

* Bob Wenzel has some concerns about gold confiscation, if the feds get serious. In short: It’s hard to hide a bunch of metal, since there are detectors built specifically for that purpose. * Russ Roberts interviews Nassim Taleb. I will always like Taleb, because he answered my emails back in the day and even […]

Why the Ruling Class Fears the Internet

If you’re a would-be tyrant and you’ve got a network that allows creative cynics to generate a video like this, and distribute it to millions of people, within a few days, and where all of those people know that other millions are seeing it and think it’s hilarious…well, you’ve got a problem on your hands.

Steve Landsburg 2, English Language 0

I want to give a disclaimer that usually when I think University of Rochester economist Steve Landsburg is wrong on something, it’s not that his conclusion is mistaken, or even that the world is a worse place for him having advanced the argument. No, it’s more like, I think Steve tries to deliberately shock his […]

Paul Krugman’s Been Hanging Around in Bars

…though we have no proof that he puts on women’s clothing. Some of you may recall that in May 2011, Chicago economist Casey Mulligan wrote a critique of New Keynesian economics. He wrote: Our labor market has long-term problems that are not addressed by Keynesian economic theory. New Keynesian economics is built on the assumption […]