Ep. 280 The Theory and History Needed to Refute Keynesianism and MMT
As a sequel to a recent Human Action podcast episode where Bob critiques a Warren Mosler interview, Bob here goes deeper into the analysis of how an economy can continue growing even if the government eliminates its budget deficit. Bob relies on both theory and history, citing in particular the fiscal turnaround of Canada in…
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…
Ep. 126 Keith Knight Interviews Bob on Krugman’s Zombie Book
Keith Knight walks Bob through a meticulous critique of Krugman’s new book on Arguing With Zombies. Topics include the babysitter co-op, the deregulation that allegedly caused the housing bubble, and the tax rates of the 1950s. Mentioned in the Episode and Other Links of Interest: The YouTube version of this interview. Krugman’s latest book, Arguing With Zombies.…
Ep. 120 The Guys Behind the Babylon Bee Interview Bob on the Fed, Krugman, and Jesus
The editors of the Babylon Bee have a podcast, and they invited Bob on to discuss the economic situation. Then they asked a series of fun questions, against the backdrop of their shared Christianity. Mentioned in the Episode and Other Links of Interest: The YouTube version of this interview. The Babylon Bee main page. Help support the Bob…
Ep. 56 Bob Murphy Explains Austrian Business Cycle Theory, the Inverted Yield Curve, and the Coming Recession
Bob goes solo to give a quick explanation of the Mises-Hayek theory of the boom-bust cycle, and how he used it to forecast the financial crisis in 2008 a year ahead of time. He then explains the significance of an “inverted yield curve,” and shows how the Austrians can understand its predictive power much better…