| Robert P. Murphy discusses the “boom and bust” business cycle and what exacerbates it; why the Federal Reserve – with a primary mandate of ensuring price stability – is a demonstrable failure; how Ron Paul popularized the Austrian school of economics and removed the aura of infallibility from Fed chairmen Alan Greenspan and Ben Bernanke; why we shouldn’t focus solely on the Fed – lest we forget the pernicious roles of big banks and insurance companies; whether Bernanke is an academic doggedly pursuing failed theory or a banker stooge who knows better; and the virtues of the movie “Inside Job.” Check out the interview page here: https://scotthorton.org/robert-p-murphy-4/ 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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