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- Search found 1036 items for:
- Robert P. Murphy
- English
Media Asset
Author:
Robert P. Murphy
Online Publish Date:
Direct exchange was limited. The pattern of indirect exchange led to the common medium of exchange: money. Maximization of psychic income always leads the seller of a good to seek the highest money price for it, and the buyer of a good to seek the lowest money price. All human action uses scarce resources to attempt to arrive at the most highly
Media Asset
Author:
Robert P. Murphy
Online Publish Date:
Entrepreneurs see the future better than others and go and make money off it. Profits are an index that maladjustments are being met and combatted by the profit-making entrepreneurs. Capital does not beget profits. Only wise entrepreneurial decisions do that. The paradox of saving is that saving is the necessary and sufficient condition for
Media Asset
Author:
Robert P. Murphy
Online Publish Date:
Murphy covers questions that arose during the week until 17:44, then begins with Business Cycles p.989-1025. Main objection to the Austrian Business Cycle Theory is rational expectations - they can’t prevent entrepreneurs from making use of loose credit because they would be left behind if they didn’t. An Alice J. Lillie Seminar. This lecture
Media Asset
Author:
Robert P. Murphy
Jeffrey A. Tucker
Online Publish Date:
Recorded during the 2008 Mises University, Jeffrey Tucker interviews leading Austrian Economists on the topic of Henry Hazlitt’s classic book Economics in One Lesson . This is the fifth in a series of twelve interviews with leading Austrian Economists discussing each chapter of Hazlitt’s
Media Asset
Author:
Robert P. Murphy
Online Publish Date:
Jeffrey Tucker interviews Bob Murphy. Recorded 21 October 2008. [38:16]