U.S. Economy

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

Bob Murphy comments on various aspects of the response to the coronavirus.

Even if the COVOID-19 virus turns out to be more severe than the skeptics give us reason to think it is, we can get through it. We cannot survive the end of the division of labor. It would be the finish of civilization as we know it.

Printing up paper money—which is the Fed's solution to nearly everything—will not bring about a miraculous replacement of the lost goods and services or repair broken supply chains.

Jeff Deist joins Rick Sanchez to discuss the immense stimulus package proposed by the Trump administration to help the failing US economy.

Bob Murphy gives some thoughts on the stock market crash and coronavirus, then discusses the jaw-dropping discussion between Brian Williams and a member of the New York Times editorial board.

Harry Dent believes that a major crash is coming, which will probably begin this year.

Even if discretionary spending stays flat, total government outlays are estimated to increase by more than $1 trillion, significantly above any measure of tax revenues. And that is without considering a possible recession.

Dr. Bob Murphy introduces an upcoming e-book on the mechanics of the Fed.

Presented at Stanford University on July 8, 1990.