Archive for Shameless Self-Promotion
Subcommittee Hearing on the Fed and Oil Prices
Ah, Desolation Jones posts the video faster than the Congressional staffers get it to me. Yet another example of the private sector’s efficiency… If any of you are going to pop a bag of corn and watch this whole thing, can you pleeeease do a Murphy compilation? I am assuming it’s not that much of […]
Read moreMurphy Written Testimony to Congress on the Fed and Oil Prices
This is what I formally submitted to the great deliberative body, but the actual subcommittee hearing was surprisingly boisterous. I really hope they make the video available. Incredibly, Dennis Kucinich out of nowhere asked me what I thought should be done with the Fed, so I thought it would be fine to answer frankly. (I […]
Read morePolicing for Profit
I use that video of highway robbery in Tennessee to endorse the Rothbardian view of government. An excerpt: Although his views are understandably perceived as radical, in essence all Murray Rothbard stated was that politicians and other government officials should be subject to the same legal and moral rules as everybody else. If it’s a […]
Read moreNight of Clarity 2011
This is footage from the after-dinner speakers’ panel at last year’s event. Fun, frivolity, and fu fu drinks. (Well two of the three.) Sign up now for this year’s event, with the theme of Andrew Jackson’s slaying of the Second Bank of the United States.
Read moreProblems With the Cost Theory of Value
I list some of them here. Now you can sleep at night.
Read moreCan Government Finances Be Compared to a Household’s?
I think so, in some respects: Politicians often try to empathize with struggling Americans by promising to cut government spending, “just like regular households in tough times.” This simile evokes different reactions depending on one’s economic views. Keynesians think it’s reckless, proponents of Modern Monetary Theory (MMT) think it’s absurd, and Rothbardians think it’s correct […]
Read moreMr. Murphy Goes to Washington
On Wednesday, May 25th, I’ll be testifying at the Oversight and Government Reform Committee (chaired by Darrell Issa) at 1:30. The topic will be the connection between Fed policy and high oil prices. The people I’m talking to don’t know right now if it will be televised. Right now Intrade gives me a 34% shot […]
Read moreIs Insider Trading Really a Crime?
My sources say no: [S]uppose a Wall Street trader is at the bar and overhears an executive on his cell phone discussing some good news for the Acme Corporation. The trader then rushes to buy 1,000 shares of the stock, which is currently selling for $10. When the news becomes public, the stock jumps to […]
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