Bob Murphy

Author Archive

The Feds Declare Bank Holiday!!

I have been warning Free Advice readers for weeks to watch out for a bogus crisis in order to whip the people back into line; how dare they oppose the Paulson Plan! Well, it’s a Monday. The grocery stores are open. The malls are open. But try getting your rare coins out of your safe […]

Blatant Contradictions From Larry Kudlow

I have always liked Larry Kudlow. When I was growing up as a budding free marketeer, there was a natural disaster (I don’t remember which one) and everyone was calling for the president (must have been Reagan) to disburse disaster assistance for rebuilding. I didn’t like that answer, but I didn’t know how to argue […]

Larry Kudlow Sells Out Even More

On Friday the WSJ ran a truly awful op ed that blames banking crises on Thomas Jefferson (I’m serious); I have done my best to organize a response. And yet Kudlow praises the article. Kudlow goes on to explain: Paradoxical as it may be, strong government actions to stabilize banking are necessary to preserve the […]

Central Banking Explained

Somebody sent this to me, and unfortunately I can’t remember who! (I can’t remember whom?) Anyway, it’s pretty good. If you’re on the fence in the beginning, just give it a chance.

The Devil Foiled

It’s Sunday and I’ve already put up a bunch of posts dealing with mammon, so I thought I should at least post one on the Lord. Most people know deep down that there is something “wrong with the world.” Sure, atheist evolutionary biologists (and I realize that is a subset of all evolutionary biologists) can […]

Another Twin Spin

I have begun blogging at the Campaign for Liberty website, which is home to some serious Ron Paul fans. My inaugural post is on “Misunderstanding the Causes of the Great Depression.” An excerpt: A relatively free market can handle huge disruptions. E.g. if an asteroid smashed into Chicago in 1929, that might have caused a […]

Mark-to-Myth: FASB Does Its Part to Destroy US Financial Stocks

According to news reports, on Friday night the Financial Accounting Standards Board (FASB) caved to pressure from the SEC and will suspend the “mark-to-market” rules: Pressure is mounting on the International Accounting Standards Board to abandon its “mark-to-market” accounting principles, which many believe has been one of the key factors in causing the credit crisis. […]

NYT Dispels Rumors of Goldman Sachs Conspiracy

This is nice. A NYT blogger tackles the idea that Paulson might be helping Goldman Sachs–and for a good summary of the conspiracy theory, check out this post–and offers no argument whatsoever, only a smirk and a reference to Kool-Aid. Incidentally, someone recently informed a Listserv on which I participate that the Jonestown sheep didn’t […]