Financial Economics

Archive for Financial Economics

Michael Moore Makes an Unbelievably Bad Analogy Choice

I just got back from dinner with Richard Ebeling and the hosts of tomorrow’s Freedom Seminar, along with some of their donors. I flipped on the TV so I could fully appreciate my advantage over Stephan Kinsella. I couldn’t resist watching Michael Moore pontificate to Larry King about the significance of the elections. (His conclusion […]

Inside Job a Scathing Indictment of Professional Economics

I don’t know what the deal is, but I can’t find the NPR story on the documentary Inside Job that I heard just this week. Instead, I can find this earlier interview with the film maker that aired in October: Now I want to caution free-market economists against focusing on incidentals. Sure, the guy making […]

Slate Yesterday, Daily Show Tomorrow?

[UPDATE inserted below.] A few people today have sent me this Slate article that links to one of my old Mises Daily articles. Just when I’m about to give up economics and go full-time into male modeling, they pull me back in… On a more serious note, what’s the story with this guy J.D. Foster […]

I Am a Tool of the Government

The Chinese government, I should clarify. A new Chinese rating agency had this to say about US government debt: Dagong has downgraded the local and foreign currency long term sovereign credit rating of the United States of America (hereinafter referred to as “United States” ) from “AA” to “A+“, which reflects its deteriorating debt repayment […]

Thinking Clearly About Capital, Interest, and Income

A few weeks ago I promised to “eviscerate” Scott Sumner’s blog post, in which he claimed that income was a “meaningless, misleading and pernicious” concept. It is now ready for your inspection. Flowers and condolences can be sent to Scott Sumner’s widow, c/o Bentley University. Joking aside, this is actually related to my dissertation. Was […]

Potpourri

* My recent interview on the Victory Report. It’s familiar ground for most of you, but maybe you’re bored on your commute. We talk about monetary theory and what the average Joe should do. * Silas Barta has a saucy post relating to my new book [.pdf] on whole life insurance and fractional reserve banking. […]

Come See the Murphy-Wenzel Seminars at the Historic Omni Parker House in Boston

On Friday, October 29, Bob Wenzel of EconomicPolicyJournal.com and I will host an afternoon and then evening seminar at the historic Omni Parker House in downtown Boston. The two seminars will feature independent content: * During the lunch seminar from 12pm – 2pm, Murphy will discuss 5 reasons investors should study Austrian economics, rather than […]

Volokh Conspiracy Throws Brad DeLong Into the Briar Patch

Ah, yet another missed opportunity in the geeconosphere. Today during my lunch and dinner breaks–I drove to Auburn for the Supporters Summit starting tomorrow–I read a string of blog posts initiated by a link from Arnold Kling. At first I was very excited. Continuing his war of choice against Todd Henderson–a U of C law […]