Scott talks to Bob Murphy about the economic side of all the covid policies this past year. Most obvious are the huge spending bills, which dwarf even the stimulus measures taken after the 2008 recession. Murphy reminds us that this kind of rampant spending really...
Krugman
What Paul Krugman Gets Wrong About The $600 Unemployment Bonus
The federal government’s program of supplemental unemployment benefits of up to $600 per week, as provided for in the CARES Act, is set to expire at the end of July. Whether or not to extend this program is setting up to become a contentious political battle mere...
*Flashback* Addressing Economic Fallacies w/ Bob Murphy
56 Minutes Safe for Work In a flashback episode, Pete welcomes his favorite economist to the show, Dr Robert P Murphy. Pete throws a whole bunch of economic fallacies Dr Murphy's way, and Bob deftly takes them apart so that the listener can know how to answer when...
How the CARES Act Will Delay Economic Recovery
The economic fallout of the government’s shutdown in response to the coronavirus pandemic has been unprecedented. Nearly ten million people have filed for unemployment benefits in just two weeks. The 6.6 million claims from the last week of March doubled the previous...
2/27/20 Bob Murphy on the Coming Financial Crisis
Scott has Bob Murphy on the show to explain the Austrian School's view of the boom and bust cycle in the American economy. Murphy explains why the Keynesians are wrong to assert that booms and busts are simply an inherent feature of capitalism. In fact, it is...
The Conscience of a Liberal by Paul Krugman – REBUTTED
Economist Robert P. Murphy and I discuss Krugman's take on leftism, the morality of the state, welfare, economic cycles, inequality, the great depression and much more! In short, Krugman fails to explain why the state has a moral right to do things (initiate violence...
I Think I Finally “Get” The Economy
So more big Fed cash floods into the market? Back during QE2 you had partisan hack Krugman rationalizing it all (though QE had little to do with his Keynesian philosophy). Guys like Bob Murphy were saying, "Yep, this is it, get ready for the inflation." And then it...
6/14/19 Bob Murphy on the Economics of Climate Change
Bob Murphy joins the show to discuss his work on the economics of climate change. He explains that even according to the science cited by the UN and the Obama administration, the economic costs of the proposed plans to slow down global warming would be wildly more...
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Last Rights: The Death of American Liberty
Americans today have “freedom” to be fleeced, groped, injected, harassed, surveilled, vilified, disarmed, beaten, detained, and maybe shot by federal agents. From hapless homeowners hit by SWAT raids to pandemic lockdowns pointlessly paralyzing lives, government...
The Fake China Threat and Its Very Real Danger
Today the front pages and bookstores are filled with tales of the so-called "China Threat." From spy balloons to Fentanyl pipelines, genocide to dreams of world domination: CHINA! But is it all true? Is any of it? Now, for the first time, the speciousness of these and...
