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- Search found 10 items for:
- Business Cycles
- Other Schools of Thought
- Robert P. Murphy
Media Asset
Author:
Robert P. Murphy
Brian Albrecht
Online Publish Date:
Bob originally invited Brian Albrecht (Chief Economist of the International Center for Law & Economics ) to discuss the work of Armen Alchian, but on the day of recording, Robert Lucas happened to die. Bob and Brian discuss rational expectations, real business cycle theory, and how Alchian cracked the military’s top secrets. Brian on Alchian’s
Media Collection
Author:
Robert P. Murphy
The Bob Murphy Show features in-depth interviews and solo analysis by Bob Murphy. Much of the content relates to economics in the tradition of the Austrian School, as well as libertarian political theory, but the show covers a broad range of topics. To learn more, visit
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
As many readers already know, last week Paul Krugman linked to one of my Mises Daily articles explaining the importance of capital theory in any discussion of the business cycle. Although Krugman graciously described my fable about sushi-eating islanders as “the best exposition I’ve seen yet of the Austrian view that’s sweeping the GOP,” naturally
Mises Wire
Author:
Robert P. Murphy
Online Publish Date:
We Austrian economists frequently cross swords with our Keynesian foes on all manner of economic analysis and government policy recommendations. Yet the standard Austrian analysis of the business cycle is also sharply at odds with that of the “Market Monetarists,” a new school of thought coming out of the Chicago school tradition and now gaining
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
When doing interviews for my new book on the Great Depression , a natural question comes up: will the present crisis turn out as bad as the 1930s? My standard answer is typical for an economist: “yes and no.” On the one hand, there were very specific reasons that unemployment broke 25 percent in 1933, and we don’t have those factors in place
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
Paul Krugman has concentrated his fire recently on those “thumping their chests” over the falling dollar. He has particular scorn for those recommending a return to the gold standard. In Krugman’s view, a simple look at the historical facts will show that it was a superstitious fetish for the yellow metal that prolonged the Great Depression. A
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
In a recent piece in the New York Review of Books , Paul Krugman and Robin Wells discuss two IMF publications and Reinhart and Rogoff’s This Time Is Different: Eight Centuries of Financial Folly . Along the way, our reviewers repeat the myth that Herbert Hoover slashed spending, while the Federal Reserve implemented tight policies, and that this
Media Collection
Author:
Robert P. Murphy
The Bob Murphy Show features in-depth interviews and solo analysis by Bob Murphy. Much of the content relates to economics in the tradition of the Austrian School, as well as libertarian political theory, but the show covers a broad range of topics. To learn more, visit
Mises Wire
Author:
Robert P. Murphy
Online Publish Date:
Nosotros, los economistas austriacos, frecuentemente cruzamos espadas con nuestros enemigos keynesianos en todo tipo de análisis económico y recomendaciones de políticas gubernamentales. Sin embargo, el análisis austriaco estándar del ciclo económico también está muy en desacuerdo con el de los “monetaristas del mercado”, una nueva escuela de