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Robert Blumen

Works Published inMises Daily ArticleThe Free Market

Robert Blumen, a software engineer with a background in financial applications. Blumen, who lives in San Francisco, has a physics degree from Stanford University and writes frequently for,, and other sites. He has spoken at economic and finance conferences on Austrian economics, and he is the editor of the podcast Software Engineering Radio.

All Works

Weimar and Wall Street

Financial MarketsU.S. Economy

02/17/2022Mises Daily Articles
Periods of hyperinflation are also periods of mass insanity, writes Robert Blumen.
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Debt and Delusion

Financial MarketsTaxes and SpendingCapital and Interest TheoryMoney and Banking

02/15/2022Mises Daily Articles
The economic purpose of capital markets is to provide a nexus between savers and borrowers for the financing of productive investment, writes Robert Blumen.
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Recession and Recovery: W.H. Hutt’s View

Booms and Busts


What happens during a depression? Should we expect it to end, or can an economy remain stuck at the bottom?

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Keynes Said Inflation Fixed the Problems of Sticky Wages. He Was Wrong.

Labor and Wages


In Keynes's day, wages were being artificially inflated by labor union contracts. Unemployment rose. But then Keynes decided inflation would solve the problem by lowering real wages. Here's why that's a bad idea. 

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Why Keynes Was Wrong about Unemployment

Labor and Wages

07/01/2021Mises Media
Henry Hazlitt’s second law is the observation that everything in Keynes's General Theory is either unoriginal or untrue. Keynes's theory of unemployment equilibrium is the most original aspect of his work.
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