Consulting by RPM || Free Advice Blog

Murphy Interviewed by Peter Schiff

In case you didn’t want to bother going to his site:

Heed the Judge

Murphy vs. Mish

At the behest of several readers, today at Mises.org I tackled once again Mish’s credit-deflation paradigm. Here’s a good excerpt: When Mish wrote the above, the S&P 500 was 935. As the quote above tells us, at this time Mish was predicting that stocks would then fall down to 600 or maybe even 450. Instead, […]

Potpourri

At long last, my crazy traveling schedule is winding down for a few weeks at least. Here are some things of note: * Yesterday I was a guest on Peter Schiff’s radio show. (I think this link takes you right to the interview. Note that you DON’T have to buy membership to Schiff’s site to […]

Gold: The Market’s Global Currency

Here is my Mises Daily about Robert Zoellick’s halfhearted call for a return to gold. Also, the Hillsdale Collegian ran a story on the Krugman debate, though I actually stopped teaching there in 2006 (not 2008 as the article states). Since there are one or more Hillsdale economics professors who read this blog, I want […]

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 […]

Soak-the-Rich Is Bad Policy

I have a Mises Daily today about Sunday’s 60 Minutes segment on hiking taxes, especially on the rich. Don’t tell anyone, but I actually used a bunch of empirical arguments! (This is permitted once every 7 years on Mises.org.) An excerpt: The only true solution to the federal and state fiscal crises is to cut […]

Off to Oregon, and Murphy-Krugman Debate Update

Posting has been and will continue to be sparse; to steal a line from Dennis Miller, I’ve been traveling a lot–I make Kerouac look like an agoraphobe. On Thursday Carlos Lara and I will be speaking at Tom McFie’s Life Benefit$ Freedom Retreat. In the meantime, a quick update on the Murphy-Krugman debate. Today we […]