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
Does Dread Pirate Roberts’s fate destroy the dream of justice without the state?
MARCH 25, 2015 by ROBERT P. MURPHY
In evaluating stateless experiments like Silk Road, we have to ask, "As compared with what?" Certainly not an ideal. Try comparing Ross Ulbricht with Richard Nixon in Indochina.
The illusion of government looking out for the long term
MARCH 11, 2015 by ROBERT P. MURPHY
Markets contain sophisticated mechanisms for rewarding long-term stewardship; democratic political institutions encourage extremely short-term thinking.
Have the perverse incentives been proved?
FEBRUARY 25, 2015 by ROBERT P. MURPHY
The surprisingly robust growth in the US economy in 2014 may have been due to the late 2013 decision by Congress to cease extensions of unemployment benefits. When the federal government stopped sending checks to people who remained unemployed, more of them found work.
Voluntary mechanisms tell the public which professionals are qualified
FEBRUARY 11, 2015 by ROBERT P. MURPHY
There are better and cheaper ways to achieve safety and efficacy than building state licensing regimes.
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.