| Robert P. Murphy, senior fellow at the Ludwig von Mises Institute, discusses the skirting the US debt ceiling, which can continue for a few more months, the GOP’s current pretensions of fiscal restraint, why a failure to raise the ceiling doesn’t mean default is impending since spending could be cut or govt. assets sold, how missed payments to bond holders would bring a big increase in interest rates, as in greece; debt/gdp ratios and economic death spirals, and the Republicans who converted to free market radicals – at least rhetorically – when Obama was elected. Check out the interview page here: https://scotthorton.org/robert-p-murphy-3/ For more on Scott’s work: You can also support Scott’s work by making a one-time or recurring donation at https://scotthorton.org/donate/ |
Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of many books. His latest is Contra Krugman: Smashing the Errors of America's Most Famous Keynesian. His other works include Chaos Theory, Lessons for the Young Economist, and 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. He is also host of The Bob Murphy Show.
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