| Robert P. Murphy, author of The Politically Incorrect Guide to Capitalism, discusses why the old adage “war is good for the economy” is simply not true; the hidden costs in “trickle down” benefits from large government and military expenditures (like the highway system and communications infrastructure); the Obama administration’s inconsistent policy on large government deficits; and how US money creation prompts other countries to follow suit, debasing currencies around the world and leading to speculative bubbles. Check out the interview page here: https://scotthorton.org/antiwar-radio-robert-p-murphy/ 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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