Robert P. Murphy is a Research Fellow at the Independent Institute and author of the Independent book, Choice.
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Posts by Robert P. Murphy
Robert P. Murphy •
Tuesday August 27, 2019 at 11:36 AM PDT
The reason it seems as if sending dollars out of the U.S. makes America poorer is that we individually consider cash as part of our wealth holdings.
Robert P. Murphy •
Wednesday October 31, 2018 at 9:15 AM PDT
Bitcoin demonstrates that private currency is possible.
Robert P. Murphy •
Friday October 19, 2018 at 10:08 AM PDT
A deeper look at the work of this year’s Nobel Prize in Economic Science recipient.
Robert P. Murphy •
Friday September 21, 2018 at 10:00 AM PDT
Amazon, Walmart, and other corporate behemoths often use their wealth to get special favors from the government. However, they should be acquitted of the specific charge that they offload their labor costs to taxpayers through SNAP and other welfare programs.
Robert P. Murphy •
Friday September 14, 2018 at 9:21 AM PDT
The U.S. government and Federal Reserve caused the crisis, and since 2008 their actions have set us up for an even bigger calamity.
Robert P. Murphy •
Saturday May 5, 2018 at 10:29 AM PDT
America’s trade deficit with China should not be viewed as “getting more for less.”
Robert P. Murphy •
Friday July 14, 2017 at 12:00 PM PDT
Part 3 of 3 In previous Beacon posts (here and here) I explained that interventionists had often “moved the goalposts” in policy debates in which I’d participated. I first recounted an episode where Paul Krugman had moved the goalposts in a dispute over so-called fiscal austerity, and then I discussed the phenomenon in the...
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Robert P. Murphy •
Thursday July 13, 2017 at 4:00 PM PDT
Part 2 of 3 In a previous Beacon post, I explained that interventionists had often “moved the goalposts” in policy debates in which I’d participated. I specifically recounted an episode where Paul Krugman had moved the goalposts in a dispute over so-called fiscal austerity. In the present post, I’ll focus on an example from...
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Robert P. Murphy •
Wednesday July 12, 2017 at 11:40 AM PDT
Part 1 of 3 One of the most frustrating things in debate is when you decisively win the initial point of contention, only to have your opponent “move the goalpost” to a different claim. To be sure, this is a human failing, not unique to any particular political perspective. I’m sure I myself do...
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Robert P. Murphy •
Wednesday November 9, 2016 at 4:59 PM PST
As the markets and pundits react to Donald Trump’s enormous upset victory, let me offer my own reactions. As an economist, I will focus on matters pertaining to economic policy. The Danger of Hubris and Denial. Everybody recognizes that the “experts” and polls were totally wrong. Indeed, I was listening to NPR around 6...
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