Robert P. Murphy

Robert P. Murphy is the Senior Economist at the Institute for Energy Research, and a Senior Fellow with the Fraser Institute. He holds a PhD in economics from New York University. Murphy is the author of Choice: Cooperation, Enterprise, and Human Action (Independent Institute, 2015) as well as numerous other books and hundreds of articles.

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  Santa Needs Prices

  Reprinted from the Freeman A superficial observer might argue that Santa Claus has no relevance to economics,...

  Robert P. Murphy December 23, 2015
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  Odd Defenders of China’s One-Child Policy

  Reprinted from the Freeman “Before I had my first child, I was hoping for the relaxation of...

  Robert P. Murphy December 4, 2015
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  Oil and Natural Gas Prices in Historical Context

  Reprinted from the Institute for Energy Research Memories are short, and we often mistake prices of the...

  Robert P. Murphy November 27, 2015
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  Star Trek’s Pseudo-Economics

  Reprinted from the Freeman A fan convention dedicated to comics, graphic novels, anime, manga, video games, toys,...

  Robert P. Murphy November 13, 2015
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  There’s No Such Thing as Excessive Profits

  Reprinted from the Freeman If you want to do business in Venezuela, you will have to let...

  Robert P. Murphy October 29, 2015
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  Why We’re Still Debating the Decades-Old Crude-Oil Ban

  Reprinted from the Freeman The decades-old ban on crude oil exports is anachronistic, completely disregards basic economics,...

  Robert P. Murphy October 15, 2015
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  Are Prisoners Who Make Low Wages Being Exploited?

  Reprinted from the Freeman Over the summer, critics objected to Whole Foods’ participation in a program that...

  Robert P. Murphy October 9, 2015
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  3 Stock Market Tips from an Economist

  Reprinted from the Freeman Recent volatility has Americans talking about the stock market — and getting a...

  Robert P. Murphy September 25, 2015
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  How Many People Can Planet Earth Sustain?

  Asked whether or not the growing world population will be a major problem, 59% of Americans agreed...

  Robert P. Murphy September 18, 2015
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  Government Debt and Future Generations

  Reprinted from EconLib.org Critics of government budget deficits often argue that deficits are irresponsible and cowardly because...

  Robert P. Murphy September 11, 2015
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  Capitalists Have a Better Plan

  Reprinted from the Freeman To early 20th-century intellectuals, capitalism looked like anarchy. Why, they wondered, would we...

  Robert P. Murphy August 31, 2015
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  Austrians vs. The World On Canadian Fiscal Austerity

  I don’t know whether this is something the average Canadian discusses over coffee, but the sharp fiscal...

  Robert P. Murphy August 13, 2015
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  Krugman Unwittingly Makes the Case for Cutting Government Spending

  Ah, it was so much easier to be a Keynesian before the Internet remembered everything… From 2010 through...

  Robert P. Murphy August 10, 2015
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  War Is No Excuse for Socialist Planning

  Reprinted from the Freeman After the Soviet Union fell, just about everybody — except some humanities professors...

  Robert P. Murphy August 10, 2015
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  Gold Prices Disprove Krugman

  Recently Krugman wrote an op ed ridiculing Ron Paul titled, “The Old Man and the CPI.” (In...

  Robert P. Murphy August 7, 2015
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  5 Unintended Consequences of Regulation and Government Meddling

  Reprinted from the Freeman Voters frequently support measures that sound noble and beneficial but end up causing...

  Robert P. Murphy July 29, 2015
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  Keynesians Wrong About Stimulus, Coming AND Going

  In a previous post here at Mises CA I chronicled the hole Krugman keeps digging for himself...

  Robert P. Murphy July 28, 2015
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  The Parenthood Market

  Reprinted from the Freeman Economist Abigail Hall is under fire for her defense of selling babies. A...

  Robert P. Murphy July 24, 2015
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  How to Outsource Your Compassion to the Government

  Reprinted from the Freeman I saw the mom and her two little kids camped out in the...

  Robert P. Murphy July 16, 2015
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  Nanoaggressions: Testing the Limits of Libertarian Legal Doctrine

  Reprinted from the Freeman Arthur Firstenberg sued his neighbor over a WiFi connection. Firstenberg asked for more than...

  Robert P. Murphy July 3, 2015