Robert P. Murphy

rpm@ConsultingByRPM.com

Robert P. Murphy has a PhD in economics from NYU. He is the author of The Politically Incorrect Guide to Capitalism and The Politically Incorrect Guide to The Great Depression and the New Deal. He is also the Senior Economist with the Institute for Energy Research and a Research Fellow at the Independent Institute. You can find him at http://consultingbyrpm.com/

Related Freeman Articles

Feature

Does Government Spending Boost the Economy?

Stimulus boosters assume their conclusions

DECEMBER 17, 2014 by ROBERT P. MURPHY

Don't trust empirical "proof" when the alleged evidence assumes as true the very issue under dispute.

Feature

The Laffer Curve: Will Tax Cuts Pay for Themselves?

“Voodoo economics” versus straw-man arguments

DECEMBER 03, 2014 by ROBERT P. MURPHY

Those who deride the theoretical apparatus of supply-side economics -- the Laffer curve -- are attacking straw men.

Feature

The Case Against Rent Control

Bad housing policy harms lower-income people most

NOVEMBER 12, 2014 by ROBERT P. MURPHY

If the goal is to provide affordable housing to lower-income tenants, rent control is a horrible policy.

Feature

Breaking Bad: Can Regulation Be Fixed?

The problem of “regulatory capture” goes all the way down

OCTOBER 29, 2014 by ROBERT P. MURPHY

Why would the feds enforce new rules when they ignore the existing ones?

Feature

“Outsourcing” Makes Us Richer

OCTOBER 14, 2014 by ROBERT P. MURPHY

The Million Jobs Project wants you to believe that "outsourcing" makes us poorer. It's wrong.

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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