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- Search found 15 items for:
- Other Schools of Thought
- Robert P. Murphy
- Booms and Busts
Media Asset
Author:
Robert P. Murphy
Peter St. Onge
Online Publish Date:
Peter St. Onge joins Bob to discuss his latest piece at Mises.org on “China’s Doom Loop.” They cover a wide range of topics, including the contrast in leadership between Xi Jinping and Deng Xiaoping, the dollar as global reserve currency, the Belt and Road Initiative, and Jim Rogers’ prediction that the 21st century would belong to the Chinese
Media Asset
Author:
Robert P. Murphy
Online Publish Date:
On a recent installment of the Pynx debate series, Bob had a friendly debate with Dean Baker on a soft or hard landing in 2024. In this episode of the Human Action Podcast , Bob comments on the key disputes, underlying the differences between the Austrian and Keynesian frameworks. Bob’s Debate with Dean Baker: Mises.org/HAP427a Bob’s Paper on the
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:
With Friday’s dismal jobs report — showing a paltry 54,000 increase in nonfarm payroll employment in May — more and more analysts are realizing that the so-called economic “recovery” is stalling. As Jeffrey Tucker recently pointed out in an important article , Austrians realize that the recession never left. This has all been smoke and mirrors for
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
The last-minute negotiations over the debt ceiling have brought the economic pundits out in force. In the midst of a terrible recession, the contrast between Austrian and Keynesian analysis is striking. The Austrians recommend the virtues of saving and investment, while Keynesians preach the opposite. Things are so topsy-turvy that in this
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
I recently debated Karl Smith, a New Keynesian professor at UNC , on the possible merits of government spending (video here ). Smith brought up what I consider to be the strongest argument against the Austrian position, namely that during a recession there appear to be “idle resources.” According to the Keynesian view, if government spending could
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
Since the crisis began, one of the dominant themes in arguments over proper government policy has been the Keynesian view that it is crucial to prop up total spending. The added twist during this particular recession is the crushing burden of private-sector debt, which allegedly makes it all the more urgent for governments to run fiscal deficits.
Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
Scott Sumner is a Chicago-trained economist who has gained notoriety in recent months for his vigorous advocacy of “NGDP targeting” by the Federal Reserve and other central banks. I have criticized Sumner’s views before, and he and I have agreed to a formal online debate to be held early next year. In the present article, I want to respond to a
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