| Taken from a lecture for Mises University that you can see here: https://www.youtube.com/watch?v=V0_Jd_MzGCw
See David Friedman’s lecture on the same subject here: https://www.youtube.com/watch?v=jTYkdEU_B4o&t=4s Support me on Patreon: https://www.patreon.com/tomaszkaye All illustrations as one wide image: https://i.imgur.com/3WDXJm6.jpg |
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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