Bob Murphy

Author Archive

Outsourcing the Blog to Jon Stewart

This isn’t so much funny as clever. (If you don’t understand the Costanza part, speak up. If no one else can adequately explain, I will swoop in and save the day. Sometimes I don’t know what you kids would do without me.) The Daily Show with Jon StewartGet More: Daily Show Full Episodes,Political Humor & […]

“Hey Bob, Your Blog Is Down!”

Yes, I had noticed. (The funny thing is, I could determine how big a fan you were, based on how many days went by before you noticed and emailed me.) I am in the process of moving to a different host. I’ll tell the whole sordid tale once that is down. The URL will still […]

Heads Krugman Wins, Tails Hard Money Loses

I really am swamped with my “day job” for the next month or so, meaning blogging will be sparse. But at this point, I think someone needs to write Portrait of the Artist as a Keynesian Man. In this post, Krugman shows just how many degrees of freedom he has to work with: Some readers […]

The Financial Entangling Alliances Thicken

From CNBC: The world’s major central banks unleashed coordinated action Wednesday to ease the increasing strains on the global financial system, a move that sent stock markets up sharply. The European Central Bank, U.S. Federal Reserve [cnbc explains] , the Bank of England and the central banks of Canada, Japan, and Switzerland are all taking […]

Karl Smith Shouldn’t Start a Mutual Fund

I really like Karl Smith as a person. During our debate–where Karl knew he was entering the lion’s den of Mises fans–one of his slides said he was going to “teach Bob how to dance.” At the time I was so busy analyzing his arguments, I didn’t realize that was a white guy joke. Awesome. […]

The Fed and Big Bank Nexus

A reader sends me this interesting Bloomberg piece. It is a familiar story, but armed with some FOIA data, it spells out just how much the Fed bailed out the major banks and kept it all from Congress.

Murphy Smackdown: DeLong on Mises

I am going to do a full write-up for Mises.org once I get my day job under control, but those of you who have been following DeLong’s assaults on Mises might be interested in his latest post. For the context, DeLong hasn’t been able to figure out why Mises says printing paper money won’t fix […]

More Trouble for the Alleged Faith/Reason Dichotomy: Acts of the Apostles

I am working my way through Acts of the Apostles (the first book after the four gospels), which chronicles the adventures of the early Church after Jesus ascends to heaven. Saul was a Pharisee who persecuted Christians (and approved of them being put to death), but then had his famous road to Damascus conversion, afterwards […]