Mises View Video: "Inequality and Capital"

04/30/2014Robert P. Murphy

Mark Thornton critiques Thomas Piketty's recent bestseller, and explains why capitalism is not the problem, nor are taxation and redistribution of wealth the solutions.

Author:

Contact Robert P. Murphy

Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of numerous books: Contra Krugman: Smashing the Errors of America's Most Famous Keynesian; Chaos Theory; Lessons for the Young Economist; Choice: Cooperation, Enterprise, and Human Action; The Politically Incorrect Guide to Capitalism; Understanding Bitcoin (with Silas Barta), among others. He is also host of The Bob Murphy Show.

Load Comments

The Weak Jobs Report Shows the Failure of Keynesian Policies

Daniel Lacalle

We can see that these massive trillion-dollar stimulus programs generate a virtually nonexistent long-term positive impact, just a short-term bounce that lasts less than a quarter.

Billionaire Plutocrat Jamie Dimon Wants to Ditch the Debt Ceiling

Ryan McMaken

Deficit spending—which begets inflationary monetary policy—has been a boon for the financial sector and its billionaires. Naturally, bank CEOs would love to get rid of the debt ceiling.

What the New Nobel Winners Get Wrong about Economics

Frank Shostak

The new Nobel winners apparently think we can discover economic laws by crunching numbers. That's not how it works.

Why Did Google Ads Ban LewRockwell.com?

David Gordon

Google says it can only tolerate "accurate" information and has banned LewRockwell.com from its advertising program. This position only makes sense if one makes some faulty assumptions about how information is spread.

The UK's National "Crisis": Age-Adjusted Mortality Is at 2008 Levels

Mark Avis

Age-adjusted mortality in the UK rose in 2020 to the same level last experienced in 2008. Yet the government declared no national health crisis in those years.

Meet the Writer