Robert P. Murphyrpm@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
How both Left and Right get it wrong
JANUARY 28, 2015 by ROBERT P. MURPHY
Liberals and conservatives alike fall for the three biggest taxation myths.
Making the best of a bad situation
JANUARY 14, 2015 by ROBERT P. MURPHY
Complaints against surge pricing are actually laments against the cosmic fact of scarcity. Surge pricing makes the best of a bad situation.
The free market has its own brand of fiat
JANUARY 07, 2015 by ROBERT P. MURPHY
Until we're clear on the market's role in establishing the commonly accepted medium of exchange, we will continue to muddy the waters with talk of fiat versus free-market money.
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.
“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.