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Dr Robert P Murphy: Increasing Capital and Cash Flow in Business

Increasing Capital and Cashflow in business with Dr. Robert P. Murphy. MORE HERE: https://themoneyadvantage.com/privatized-banking-increasing-capital-cashflow-robert-murphy/

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Lucas and Rachel Marshall and I interviewed Dr. Robert Murphy yesterday, and his insights on sound money and how business owners can save their capital to grow their business is invaluable.

Dr. Murphy takes complicated economic concepts and drills them down to thinking exercises that the average American can use in their everyday lives and their daily business activities.

Dr. Murphy’s sense of humor and down to earth-ness is refreshing.

We talked about several concepts, mainly about how you can best use your capital and how you can increase your cash flow so your business can thrive.

One of the concepts we talked about is not being just a business owner, someone who has bought a job and often is the lowest paid employee in their business. They are just trying to survive mostly because of a lack of cash flow.

Dr. Murphy and I talked about what it means to be an entrepreneur, to innovate, to have cash on the side so that you can use it in times of opportunity but also in times that the economic bust cycle happens so that your business can survive and thrive because you have that extra capital.

Are you the author?
Robert P. Murphy
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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