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Robert P. Murphy

Tags Legal SystemAustrian Economics OverviewBusiness Cycles

Works Published inMises Daily ArticleThe Journal of Libertarian StudiesQuarterly Journal of Austrian EconomicsMises ReviewThe Free MarketReview of Austrian Economics, Volumes 1-10The AustrianSpeeches and PresentationsArticles of Interest

Robert P. Murphy is a Senior Fellow with the Mises Institute and Research Assistant Professor with the Free Market Institute at Texas Tech University. He is the author of many books including Choice: Cooperation, Enterprise, and Human Action (Independent Institute, 2015) which is a modern distillation of the essentials of Mises's thought for the layperson. Murphy is co-host, with Tom Woods, of the popular podcast Contra Krugman, which is a weekly refutation of Paul Krugman's New York Times column.

Chaos Theory

Political Theory

01/01/2002Books
Working within a Rothbardian framework, Murphy takes up the challenge of Hans Hoppe regarding the role of market insurance in property security to extend the analysis to the security of person.
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Lessons for the Young Economist

EducationAustrian Economics Overview

03/10/2011Books
Murphy's textbook prepares the student for both conventional economic studies in the future, and provides the logical rigor and policy clarity that only the Austrian School perspective can offer.
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All Works

Problems With the Market Monetarist Approach to "Explaining" the Economy

Money and BanksMonetary TheoryMoney and Banking

Blog05/21/2018

Scott Sumner's Market Monetarist framework is seductively simple, but relies on a definitional trick.

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Yes, Carbon and Other Taxes Make Gas Ridiculously Expensive

Big GovernmentTaxes and Spending

Blog05/19/2018

The true purpose of carbon taxes on gas is to make it artificially expensive to drive. 

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Why Fractional Reserve Banking Poses a Threat to Market Stability

Money and BanksMonetary TheoryMoney and Banking

Blog05/04/2018

Mises advocated free banking because he thought it would restrain fractional reserve banking, which he viewed as the cause of unsustainable booms.

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How Not to Address Rising Oil Prices: Lessons from Nixon's Price Controls

Big GovernmentU.S. HistoryPrices

Blog04/26/2018

The crude oil “daisy chain” reseller boom is just one example of the absurdity of the 1970s price controls on the oil and gas sector. 

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