Ep. 56 Bob Murphy Explains Austrian Business Cycle Theory, the Inverted Yield Curve, and the Coming Recession
Bob goes solo to give a quick explanation of the Mises-Hayek theory of the boom-bust cycle, and how he used it to forecast the financial crisis in 2008 a year ahead of time. He then explains the significance of an “inverted yield curve,” and shows how the Austrians can understand its predictive power much better…
Ep. 55 L.A. Prosecutor Defends Plea Bargains and Challenges Bob’s Vision of AnCap Law Enforcement
Patrick Frey has more than two decades of experience as a Los Angeles prosecutor. Although he is an enthusiastic fan of Austro-libertarianism, Frey comes on the show to challenge Bob’s views on plea deals and an-cap society. . . . . Mentioned in the Episode and Other Links of Interest: The Bob Murphy Show ep.…
Ep. 54 How the Left and the Right Move the Goalposts in Economic Arguments
Bob goes solo to explain a common rhetorical dodge that he’s encountered from both the progressive Left and the conservative Right. On the issue of slavery and reparations, the Left will argue that modern whites benefited from the institution. When someone like Murphy points out that slavery actually made the average white person poorer, the…
Ep. 53 Robby Soave Broke the Real Story on the Covington Students, But He Also Defended Ilhan Omar
Robby Soave, a writer at Reason, was the first journalist to shatter the original narrative about the Covington Catholic students caught in the infamous faceoff with Native American Nathan Phillips. But Soave has also tried to correct the unfair coverage of Ilhan Omar. Mentioned in the Episode and Other Links of Interest: Robby Soave’s reason.com…
Ep. 52 Tom Woods Probes the Origin Story of Bob Murphy
In a fitting act of reciprocity, Tom Woods has Bob on his show for episode 1307 (which originally ran in December 2018), much like Bob had Tom on his show for episode 1. Bob explains how he got into Austrian economics and libertarianism. Mentioned in the Episode and Other Links of Interest: The website for…