Bob Murphy

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Potpourri

* My brother sends me this YouTube of Hitler reacting to the Buffalo Bills’ signing of Terrell Owens. (We grew up in Rochester and so are Bills fans–they lost the Superbowl every year I was in high school. I am still bitter.) This is now the 3rd or 4th spoof of this scene; can someone […]

The Housing Bubble Has Nothing to Do With the Recession?

In a recent debate (which I discuss here), Brad DeLong referred to an apparently decisive argument from Paul Krugman regarding the “hangover theory.” Here’s Krugman: [T]he hangover theory, which I wrote about a decade ago, is still out there. The basic idea is that a recession, even a depression, is somehow a necessary thing, part […]

On Miracles

Wintery Knight has an interesting post on how to argue with non-believers regarding the resurrection of Jesus. However, more than the post itself, what interested me was the issue he and a commenter touch on underneath it, regarding “front loading”: Actually, in Christianity, there is a faction of scholars who prefer to “front-load” all of […]

Potpourri

Three great pieces for ya… * The definitive free marketeer blog post on how to think about the mark-to-market controversy. * Bob Higgs rolls up his sleeves and blows up (what he calls) vulgar Keynesianism. I warn you that there are a few equations in here, but this is top-flight stuff. Higgs really nails the […]

Australian PM Blames Geithner for Directly Messing Up Indonesia, and Indirectly for Contributing to Housing Boom

Tokyo Tom passed along this very interesting piece describing the accusations. (EPJ has two follow ups here and here.) I’ll boil down the essentials here: In a speech…[former Australian PM] Paul Keating gave a starkly different account of Geithner’s record in handling the Asian crisis: “Tim Geithner was the Treasury line officer who wrote the […]

Jon Stewart Goes Off on CNBC

I think he is a bit unfair to Rick Santelli, but Jon Stewart–and his research staff–are awesome. This is a bit long but it’s really good. I watched it twice. (HT2EPJ) The Daily Show With Jon StewartM – Th 11p / 10c CNBC Gives Financial Advice Daily Show Full EpisodesImportant Things With Demetri Martin Political […]

OK I Will Ignore DeLong, Starting…Now

I misspoke in the previous post when I said I was done nitpicking Brad DeLong’s posts. For how could I know that he would then devote an entire post to me?! (What timing.) Regular readers here will see right away the true hilarity in DeLong’s response. PLEASE be nice, guys. Let’s be the classiest commenters […]

Note to Self: Don’t Ever Let Brad DeLong Paraphrase My Views On An Issue

All right kids, I promise I will leave Krugman and DeLong alone for a while after I get this one out of my system. But I couldn’t help from posting a snarky comment at DeLong’s blog in response to his ridicule of an NRO post warning of hiking taxes on the nation’s most productive people. […]