Posts by Robert Murphy
Ep. 245 Cutting Larry Summers Some Slack on His Labor Market Remarks
Bob provides a qualified defense of Larry Summers’ recent claim that high unemployment will be necessary to contain price inflation. Mentioned in the Episode and Other Links of Interest: The Summers interview featured in the audio clip. The Bloomberg article quoting Summers on how unemployment is necessary to fight inflation. Robert Lucas’ Nobel Prize lecture…
Ep. 244 Jason Rink On His Controversial Documentaries
Jason Rink explains his documentaries on the so-called Q-Shaman and Nick Fuentes, as well as the pushback he’s received. Mentioned in the Episode and Other Links of Interest: The YouTube video of this interview. Jason Rink’s posts (here and here) explaining what happened with FreedomFest. Bob Murphy Show episode 174 explaining the Viking guy (Q-Shaman). Help…
Ep. 243 To Understand (Price) Inflation Then and Now, Follow the Money
Bob seeks to explain why the Fed’s extraordinary monetary inflation following the 2008 financial crisis didn’t result in $5/gallon gasoline, while the Fed’s extraordinary monetary inflation following the 2020 coronavirus panic did. Mentioned in the Episode and Other Links of Interest: Bob’s newspaper op ed laying out his explanation. Bob’s blog post summarizing what happened…
Ep. 242 Thoughts on the Libertarian National Convention, and Is the Fed Going to Cause a Recession?
Bob offers thoughts on the LP Mises Caucus takeover, Justin Amash’s speech, and then argues that the Fed has not yet begun to tighten. Mentioned in the Episode and Other Links of Interest: Justin Amash’s quotes from Mises at LNC 2022. Bob’s book on Understanding Money Mechanics, and the chapter on the yield curve. Bob’s…
Ep. 241 Krugman Confuses on Trade Surpluses
Bob uses a recent Krugman article to highlight how free-traders sometimes confuse the public on the nature of trade surpluses. Contrary to Krugman, there’s nothing foolish about exporting more than you import. Mentioned in the Episode and Other Links of Interest: Bob’s mises.org critique of Krugman’s NYT column. Bob’s critique of the WSJ subtitle for…