Ep. 243 To Understand (Price) Inflation Then and Now, Follow the Money
Bob seeks to explain why the Fed’s extraordinary monetary inflation following the 2008 financial crisis didn’t result in $5/gallon gasoline, while the Fed’s extraordinary monetary inflation following the 2020 coronavirus panic did. Mentioned in the Episode and Other Links of Interest: Bob’s newspaper op ed laying out his explanation. Bob’s blog post summarizing what happened…
Ep. 242 Thoughts on the Libertarian National Convention, and Is the Fed Going to Cause a Recession?
Bob offers thoughts on the LP Mises Caucus takeover, Justin Amash’s speech, and then argues that the Fed has not yet begun to tighten. Mentioned in the Episode and Other Links of Interest: Justin Amash’s quotes from Mises at LNC 2022. Bob’s book on Understanding Money Mechanics, and the chapter on the yield curve. Bob’s…
Ep. 241 Krugman Confuses on Trade Surpluses
Bob uses a recent Krugman article to highlight how free-traders sometimes confuse the public on the nature of trade surpluses. Contrary to Krugman, there’s nothing foolish about exporting more than you import. Mentioned in the Episode and Other Links of Interest: Bob’s mises.org critique of Krugman’s NYT column. Bob’s critique of the WSJ subtitle for…
Ep. 240 Why Putin’s Moves Won’t Strengthen Ruble
Bob argues that Putin’s moves to link the ruble to gold and to insist on ruble payments for natural gas won’t be very effective in strengthening the currency. He then critiques a recent listener comment who argued that one’s views on taxation are important for determining moral worth as a human. Mentioned in the Episode and Other…
Ep. 239 Mike Thiessen Interviews Bob Murphy on Climate Economics and the Fate of the US Empire
Mike Thiessen talks with Bob extensively on the economics of climate change policy. The discussion then turns to the fate of the US dollar and the US empire. Mentioned in the Episode and Other Links of Interest: The YouTube version of this interview. Bob’s study with Ross McKitrick on the economics of climate change. Bob’s evaluation of…