Bob Murphy

Author Archive

Casey Mulligan: "Wow, I Was Only Wrong By 72 to 575%"

UPDATE below Folks, I understand that I am highly critical of other economists, and I probably need to work on that. But I am sorry, Casey Mulligan’s handling of today’s GDP numbers (for 4Q 2008) just sent me over the edge. Let me be clear, I think Mulligan is a really good economist; earlier I […]

Martin Feldstein Opposes This Stimulus

This article by Feldstein–who calls himself a conservative economist–is breathtaking. I am not kidding, I don’t see how someone could have written an op ed opposing the current stimulus bill, that would have annoyed me more. I truly think by the end of it, my jaw had dropped. (HT2MR) Here’s the part where he shows […]

"Pattern Is Playing Out Again"

So argue fellow PRI author Jason Clemens and I. (Incidentally, he was just the president-elect when we wrote the piece. I understand that he has been sworn in.) UPDATE: Hey kids, can you spot the mistake in the article? (And no, I don’t mean a mistake in our analysis.)

"A Night of Clarity"

I apologize for not giving more notice, but if any of you are within driving distance–please don’t charter a jet in this economic downturn–of Nashville, you might consider checking out the event described below. I will be selling autographed copies of the Best Economics Book Ever, though I have a cold so I can’t kiss […]

Krugman Expands the Ranks of the Cultish

A typical objection to Austrian economics is that it is a cult. We worship Mises, we excommunicate heretics, etc. (The second point is true but c’mon, just look at this stuff.) Anyway, I’m glad to note that Paul Krugman has now expanded the ranks to anyone who is a non-New Keynesian: What this reveals, I […]

Murphy Debut "Daily Reckoning" Article

Today my debut article at the Daily Reckoning ran. (They saw my sarcastic doom and gloom at mises.org and thought, “This is our kind of guy!”) The plan right now is that I will contribute columns every month or so. (BTW there are some missing hyperlinks because they just switched to a new format and […]

"With All Due Respect, Mr. President, That Is Not True"

A Cato petition (pdf) signed by a ton of ethics-free Republican hacks (not my term, new readers!). I was pleased to see Alberto Bisin, one of my professors at NYU who would at least visit the Austrian colloquium, on the list. Apparently this is a full-page ad in a few major outlets. (HT2 Steve Horwitz)