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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

Libertarian NYC Doctor Explains the Physiology of the Coronavirus

CapitalismHealthU.S. Economy

Levi Machado explains what COVID-19 actually can do to the body, and why it’s not really comparable to the flu. He also offers some tips on staying healthy.
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Understanding the Coronavirus Alarm and Practical Steps to Weather the Storm

CapitalismHealthU.S. Economy

Bob Murphy urges skeptics not to dismiss the panic over the coronavirus, explains the economics of the toilet paper shortage, and gives practical tips he is using to try to keep his own household safe.
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Dave Smith Interviews Bob Murphy on Stimulus and Dropping the Hammer

Big GovernmentHealthStrategyU.S. Economy

Rothbardian Dave Smith and Bob Murphy discuss the government’s response to the coronavirus.
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Do the Textbooks Get Money and Banking Backwards?


Over the years a chorus of critics has alleged that the textbook view of how a central banks buys government debt in "open market operations" is backwards. They argue that in reality commercial banks take the lead in making loans without regard to their reserves.

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Oren Cass and the Conservative Critique of Pure Laissez-Faire

Free MarketsStrategyU.S. EconomyOther Schools of Thought

Bob Murphy and Oren Cass have a friendly discussion about their disagreements on economic policy.
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