Bob Murphy

Author Archive

Creating Price-Variable Income Streams

The number one thing I think people need to do to prepare for a possible hyper-depression (=stagflation squared) is to move out of variable-rate, dollar-denominated debt as quickly as possible. You don’t want an ARM or a rolling credit card balance when the prime rate jumps to 45%. Strictly speaking, it’s fine to let the […]

Why Are Yahoo! Answers Terrible?

I had never thought about it much until someone else brought it up (I think when I was down in Auburn for ASC 2009). Have you ever wasted your time checking the Yahoo! Answers when you google something? Seriously, I think I perused those things maybe 8 times, before realizing that they were worse than […]

Obama Will Be Re-Elected

I happened to be in the car for a long stretch this evening and caught most of President Obama’s press conference. As Beavis would tell him, “Heh heh damn you’re smooth.” I think he will easily be re-elected. Yes, the economy will be in the tank, but if he can casually and persuasively explain his […]

Paul Krugman’s Song

In the comments of my post about Anthony Gregory’s songwriting fan, Douglas pointed us to the Paul Krugman song: The AG song was much cooler because the writer showed that he really had read Anthony’s stuff. In contrast, although the song above sounds more like a “real” pop song, all the writer really proves he […]

Two Blog Posts From the Institute for Energy Research

* This post shows that the Obama budget’s estimate of $646 billion from cap and trade revenues was way below the real belief. According to the deputy director of the National Economic Council, the White House is expecting more like $1.3 to $1.9 trillion. I’m sure it was just an oversight that those numbers didn’t […]

China Wants to Dethrone the Dollar

Hey kids, is it really so farfetched to think the dollar (and US Treasurys) will crash this year? As this article reports: China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund. In an essay posted on the People’s […]

Anthony Gregory in the House

I get a few emails from fans, but nobody has written a song about me. Anthony played it for us at the Austrian Scholars Conference. Yuks all around.

Your Government Is Lying to You

So what’s new? I know I know, but every once in a while these things just hit me, and so I pass them along. Today’s case in point, the White House’s own estimate of federal debt held by the public. As you can see in Table S-1 here [pdf], the Obama Team in its own […]