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Robert P. Murphy

Tags Legal SystemAustrian Economics OverviewBusiness Cycles

Works Published inQuarterly Journal of Austrian EconomicsMises ReviewThe Free MarketReview of Austrian Economics, Volumes 1-10Articles of InterestThe AustrianSpeeches and PresentationsMises Daily ArticleThe Journal of Libertarian Studies

Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of many books. His latest is Contra Krugman: Smashing the Errors of America's Most Famous KeynesianHis other works include Chaos Theory, Lessons for the Young Economist, and Choice: Cooperation, Enterprise, and Human Action (Independent Institute, 2015) which is a modern distillation of the essentials of Mises's thought for the layperson. Murphy is co-host, with Tom Woods, of the popular podcast Contra Krugman, which is a weekly refutation of Paul Krugman's New York Times column. He is also host of The Bob Murphy Show.

All Works

Keynesian Fallacies Are Not Just Wrong, but Dangerous

Big GovernmentTaxes and Spending

Blog05/01/2020

As the federal government embarks on racking up an estimated $3.7 trillion in extra debt this fiscal year alone, it’s critical for the public to understand just how destructive such action will be.

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Bitcoin and the Theory of Money

History of the Austrian School of EconomicsMonetary Theory

Blog04/29/2020

In the latest installment of Understanding Money Mechanics, Robert Murphy explains what Bitcoin is, how it works, and how it fits into Misesian monetary theory.

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Refuting Some Economics Fallacies Related to the Corona Crisis

Big GovernmentU.S. Economy

04/28/2020Audio/Video
Bob Murphy tackles some Keynesian and MMT fallacies that have resurfaced in light of the response to the coronavirus.
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Why the Current Unemployment Is Worse Than the Great Depression

CapitalismLabor and WagesInterventionism

04/27/2020Audio/Video
Government restrictions on production are driving prices up as unemployment drives them down. It's impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis's next phase.
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Why the Current Unemployment Is Worse Than the Great Depression

CapitalismLabor and Wages

Blog04/24/2020

Even though the official unemployment rate is probably not quite as high as it was in 1933, there are reasons to believe that our labor market is currently in even worse shape economically than it was at the lowest depths of the Great Depression.

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