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Ep. 168 Bob Murphy Responds to Dave Ramsey Calling IBC a Scam

Personal finance guru Dave Ramsey recently called IBC a scam on his popular show. Ramsey alleged that the dividends received from a mutual life insurance company were just deliberate overcharges to make the customer think he was earning a profit, even though it all came out of the customer’s own pocket. Bob sets the record straight.

Mentioned in the Episode and Other Links of Interest:

The audio production for this episode was provided by Podsworth Media.

About the author, Robert

Christian and economist, Research Assistant Professor with the Free Market Institute at Texas Tech, Senior Fellow with the Mises Institute, and co-host with Tom Woods of the podcast "Contra Krugman."


  1. Andrew Esselbach on 12/17/2020 at 8:33 PM

    I would love to hear a debate between Robert Murphy and Dave Ramsey on IBC.

    • Josh Hodges on 12/23/2020 at 9:35 PM

      That would be like uber-dry.

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