Bob Murphy

Author Archive

A Glib Interview With Eugene Fama

Oh man, I think we need to come up with our version of Cass Sunstein and pay Eugene Fama to stop defending the free market. He warmed up by the second half, but I think Fama started off this interview horribly. (HT2CP) I’ve seen progressive bloggers laughing themselves silly over it, and I don’t blame […]

Glenn Greenwald Slays Paul Krugman

Paul Krugman failed to learn from my example and foolishly kept up an argument with Glenn Greenwald, who just obliterated him: Nobody suggests that there’s anything wrong with hiring Gruber to perform modeling analyses and paying him to do so. That’s all perfectly appropriate; I’m all in favor of the Government’s retaining genuine experts (as […]

Uh Oh On Glenn Greenwald

[UPDATE below.] Oh come on, don’t tell me another of my budding heroes has let me down! No doubt acting on orders from Cass Sunstein, commenter Blackadder recently brought to my attention this post which apparently wields damning evidence that Glenn Greenwald posts as other people to defend himself on blogs. I don’t know enough […]

Calling a Foul in the GMU / JMK Grudge Match

As longtime observers of the Geeconosphere League well know, in college hoops Team GMU has an old rivalry with Team JMK. On Team GMU we have starters Bryan Caplan, Russ Roberts, and Arnold Kling (who just transferred from another school in a weaker division), while on Team JMK we have Paul Krugman, Brad DeLong, and […]

Fed Balance Sheet Breaks Record

According to Reuters: NEW YORK, Jan 14 (Reuters) – The U.S. Federal Reserve’s balance sheet rose to a record in the latest week, boosted by its ongoing efforts to support the mortgage market, Fed data released on Thursday showed. The Fed’s balance sheet — a broad gauge of its lending to the financial system — […]

So That’s Why Cass Sunstein Has Been Donating to Free Advice

Ralph Raico draws our attention to this very disturbing story. I’ll let Glenn Greenwald explain (emphasis mine, and I corrected two typos): Cass Sunstein has long been one of Barack Obama’s closest confidants. Often mentioned as a likely Obama nominee to the Supreme Court, Sunstein is currently Obama’s head of the Office of Information and […]

Inflation Numbers Out

The CNBC report was fairly neutral, though the headline says, “Inflation Stays Tame.” If we trust my early morning math, I calculated that from Dec 2008 through Dec 2009: * Actual CPI rose 2.7%, and * “Core” CPI (less food and energy) rose 1.8%. These are not “liquidity trap” numbers (though technically Krugman et al. […]

George Carlin: The Game Is Rigged

Wow. I made an offhand remark in this post saying that I thought Carlin was hilarious, but that his condemnations of capitalism could sometimes be absurd. Well some people called me out in the comments, and in retrospect I was not nearly as cynical back then as I am in more recent years. So it’s […]