Bob Murphy

Author Archive

One Man’s Testimony

This is really powerful. It has almost 283,000 views. My girlfriend sent this to me saying she’d stumbled across it and it was really good, to see how deep into darkness this guy went, but God called him back. I thought I would watch for 10 minutes and come back to it, but I watched […]

Tom Woods Show on the Catholic Church Scandal

Tom had two guests on to discuss the developments in the scandal regarding the Catholic Church and the role the current Pope has played in it. I’m not prohibiting strong statements in the comments, but we have Catholics and Protestants who visit this blog so let’s try to be civil.

Response to Selgin on Fractional Reserve Banking and the Business Cycle, Part I

George Selgin has a 3-part series (I, II, and III) at Alt-M taking people (like me) to task for claiming that FRB per se causes the boom-bust cycle as described by Mises/Hayek. To be clear, George is putting aside the issue of whether FRB is fraud, and is just focusing on the economics. (He thinks […]

Contra Krugman and A SURPRISE ANNOUNCEMENT

In the latest episode, Tom and I dismantle (I daresay) Krugman’s tomfoolery. But we also have exciting news. Hurry! Act now while supplies last!

Market Monetarists: The Good, the Bad, and the Ugly

Actually my title doesn’t really make sense; I couldn’t think of anything clever. I really liked this David Beckworth post, talking about the breakdown of the Fed’s “floor system.” In fact, I liked it so much that I based my article in the forthcoming issue of The Lara-Murphy Report on it. So score +1 for […]

Potpourri

===> I push back against Paul Krugman’s ridicule of a Cato freedom ranking of the US states. ==> An interesting contrast between Austrian and (mainstream) macroeconomics, from Huerto de Soto. ==> I can’t remember if I mentioned this when it first came out, but FYI I helped write this pretty good–if I do say so–primer […]

Paul Krugman versus Bob Murphy and George Soros

Keith Knight sent me a copy of Krugman’s book, Conscience of a Liberal, and we went through it on his show (below). Before we went live, he mentioned that Krugman had once debated George Soros. I never knew that (or I forgot), so I’m including that video as well.

The Myth of Fed Independence

My latest article is feisty. It sounds like I’m defending Trump and then…BAM! I go full Rothbard. Trump committed a faux pas with his public complaints about the Fed. But his actual “mistake” was in letting the American people in on a dirty secret: The central bank is by its very nature a political institution […]