Shameless Self-Promotion

Archive for Shameless Self-Promotion

(Edited) Murphy Remarks to TN-NORML Meeting

We were crammed into a side room at a restaurant (because the normal venue apparently double-booked) but I gave a 15-minute talk to the TN chapter of NORML (National Organization for the Reform of Marijuana Laws).

IER Comment on the “Social Cost of Carbon”

If you are a true nerd about the global warming stuff, you should definitely get a cup of coffee some morning and spend a half hour carefully reading the Institute for Energy Research (IER) formal “comment” (submitted to the government) on the Social Cost of Carbon. However, if you have a shorter attention span, in two […]

More on Slavery and the Free Market

Since I got the sense that not many of you appreciated the full brilliance of my original post, I have returned to my claim that slavery could not exist in an otherwise free market. An excerpt: First, let’s switch contexts away from the emotional one of slavery. Instead, think about tools. Suppose in the middle […]

Krugman on Levels vs. Growth

I am a cheeky little imp and lecture the Nobel laureate on first derivatives. Excerpt: So to sum up: Before posting the actual data, Krugman made his hypothetical opponent argue in terms of actual wages, with Krugman then responding in terms of actual wages. But when he posted the data–which show that wages have been […]

Potpourri

==> Unfortunately it looks like they are charging for the videos from the Texas Bitcoin conference. But if you are really interested in deciding once and for all whether it’s a fad or the libertarian’s dream come true, I strongly encourage you to invest the $50 to gain access to the videos. (If you care, […]

Bob Murphy Sings “Garden Party”

I absolutely love the message of this song. If you don’t like my stuff, go follow Stefan Molyneux.

Slavery Can’t Last in an Otherwise Free Market

My latest at Mises Canada. To entice you, I’ll just quote the concluding paragraphs: The above story is just to get the logic across. I am trying to show why, IF we agree with Mises that slavery is unproductive relative to free labor, that it could not last in an otherwise free market economy. […]

Heritage Confirms My Intuition on “Social Cost of Carbon” Calcs

I can’t remember mentioning this here at Free Advice so… In a recent IER post I walk through the results when a programmer at the Heritage Foundation’s ran Richard Tol’s FUND model to calculate the “social cost of carbon” (SCC) using a 7% discount rate. A 7% discount rate is one of the required parameters […]