Ep. 273 The Austrian Theory of Interest, Current and Future
For a chapter in Per Bylund’s new collection, Bob explained the pure time preference theory (PTPT) of interest, and then offered suggestions for future work on an Austrian theory of interest. He summarizes his chapter in this episode. Mentioned in the Episode and Other Links of Interest: Per Bylund’s 2022 edited collection. Part 1 and Part 2 and Part 3…
Ep. 272 More on Voluntary Law, and Comments on the Open Borders Controversy
Bob elaborates on law enforcement in a voluntary society, and then offers commentary on Dave Smith’s Twitter feuds regarding Open Borders. Mentioned in the Episode and Other Links of Interest: Bob’s previous discussion of voluntary law. Help support the Bob Murphy Show. The audio production for this episode was provided by Podsworth Media.
Ep. 271 The Economics of Reparations and the Danger of AI
Bob first explains his long-held position on the economics of slavery and reparations, and then applies it to the debate over the danger of superintelligent machines. Mentioned in the Episode and Other Links of Interest: Matt Walsh rips on Ryan McMaken and (indirectly) Murphy. Bob Murphy Show episodes on economics of slavery, with Jeffrey Rogers Hummel…
Ep. 270 Introducing infineo Marrying Whole Life with Blockchain Technology
Bob officially describes his new role as Chief Economist with infineo. He first explains the mechanics of Whole Life insurance policies and their use as cash management vehicles. Then Bob summarizes the first infineo whitepaper, which explains the $SOUND token, a security token that represents a fractional claim on the aggregate cash value of a…
Ep. 269 Responding to Sam Seder on Private Law
Bob goes through a Sam Seder episode to explain how a voluntary society could provide a rule of law. Mentioned in the Episode and Other Links of Interest: The Majority Report episode featuring ancap debate. Rohan Grey’s response to Murphy MMT debate. BMS ep. 130 with Rohan Grey. Murphy pamphlet Chaos Theory and lecture on…