Bob Murphy

Author Archive

Glenn Greenwald On the Right Side But No Props for Ron Paul

I don’t mean to be a complainer, but look at the people Glenn Greenwald credits with getting the Fed audit passed by the House Financial Services committee: One can count on one hand the number of times that establishment attacks like this fail, but this time — at least for now — it did. And […]

Global Warming Bombshell–or "Mushroom Cloud"?

Folks, I don’t use sensational headlines too often. Also, I am in Auburn, AL after spending all day at a conference, and I’m headed out the door. So I haven’t been able to carefully parse all the blogs on this issue. Having given that caveat, this seems HUGE. The Climate Research Unit (CRU) is the […]

Who Wrote It?

“I would find it very difficult to be a multimillionaire making money by denigrating people who were so desperately poor. Lou Dobbs was dead wrong about the immigration issue. He thought it would kill the country. It can now be seen as a self-inflicted wound made worse by subsidies and the Fed’s housing bubble. Perhaps […]

Murphy Twin Spin

You’ve been working hard all year, you’ve been a good boy, and you just need something to kick back and relax. Today makes it all worthwhile, my friend. * At Mises.org I show that economists are actually quite hilarious. No, they don’t tell rabbi jokes or ask you to pull their supply curve. Instead, they […]

Car Czar Rips Free Market and Praises Mao?

I heard the audio clips on Glenn Beck a while ago, and my cousin just sent me the YouTube. The “shocking” things are quite shocking indeed, but Obama car czar (and former assistant to the president of United Steel Workers) Ron Bloom says the stuff so nonchalantly that I would like to know the context. […]

Just in Case You Missed It Yesterday: CNBC Considers 3.7% Annualized Inflation "Tame"

I won’t bore you with the full analysis, since it’s virtually the same as for yesterday’s PPI figures. So the quick version: The CNBC main page blurb says “Housing Starts Drop; Inflation Tame,” yet the actual story is that (seasonally adjusted) CPI rose 0.3% from September to October. So with rounding, that’s an annualized increase […]

Geeconosphere Joke of the Month

From Zdeno in the comments at EconLib: How many neo-keynesian economists does it take to change a lightbulb? Wait for it…. … Answer: Two. Paul Krugman learns how to do it from Scott Sumner, while Brad Delong deletes any comments that disagree with his technique. Oh no I di-int.) Ohhhhh! Thanks for coming. Be sure […]

Krugman: "If This Were a Dictatorship Things Would Be Easier…Just So Long As I’m the Dictator (Heh Heh)"

No, he didn’t literally say that; who the heck would literally say that?! Even so, Krugman has bared his inner Mussolini as of late. Like Matt Yglesias, Krugman comes just shy of calling for the abolition of the Senate (though in fairness his post is far more tongue-in-cheek than Yglesias’). And in today’s post, Krugman […]