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Mises Economics Blog

Robert Murphy Archives

PRI Flat Tax Study Released

May 13, 2008 9:30 PM by Robert Murphy

I realize purists will object to any advocacy of taxation besides absolute zero, but even so I encourage people to read at least the first few chapters of my new study (.pdf) on California tax reform. I know I was surprised at some of the charts, even though I already believed in marginal tax rate reductions for moral reasons.

Link post | Digg it | Other posts by Robert Murphy | Comments (9)

Economists and Their Frameworks

May 5, 2008 7:45 AM by Robert Murphy

Part of the problem with being an economist -- besides having to don sunglasses and a fake beard to avoid throngs of adoring fans and marriage proposals when out in public -- is that once you think about a particular economic issue in a certain way, it's virtually impossible to shake that mindset. If some other economist is reaching a different conclusion with his preferred mental framework, you stubbornly cling to your own conclusion because "when I think about it this way" you seem to be right. FULL ARTICLE

Link post | Digg it | Other posts by Robert Murphy | Comments (16)

Are Recessions Deflationary?

April 28, 2008 8:00 AM by Robert Murphy

Over the past few months, I have become increasingly irritated with the confident press claim that recessions lead to lower rates of price inflation. For reasons that I myself do not understand, a recent Wall Street Journal piece pushed me over the edge, and the article you are now reading is the fruit of my frustration. By the end, I hope to convince you that both theory and history show that economic downturns lead to higher price inflation, other things equal. FULL ARTICLE

Link post | Digg it | Other posts by Robert Murphy | Comments (53)

Did the Fed Cause the Housing Bubble?
April 14, 2008 8:15 AM | Comments (9)

The Problems of Central Bank Planning
April 4, 2008 7:45 AM | Comments (75)

Kudlow Gets It Half Right
March 19, 2008 1:26 PM | Comments (3)

Murphy and Hoskins on the Fed
March 17, 2008 1:27 PM | Comments (7)

Michael Kinsley Loves Libertarians
February 3, 2008 6:14 PM | Comments (2)

Correcting Kinsley on Libertarianism
February 1, 2008 7:18 AM | Comments (15)

Painted Into a Keynesian Corner
January 26, 2008 9:12 PM | Comments (4)

The Writers Strike and Jay Leno's Monologue
January 11, 2008 4:01 PM | Comments (12)

Can Unions Cause Price Inflation?
January 10, 2008 7:49 AM | Comments (12)

Stockpiles and Speculators
January 7, 2008 7:57 AM | Comments (7)

Rejoinder to David Frum on the Gold Standard
January 3, 2008 10:12 AM | Comments (21)

David Frum on the Gold Standard
December 31, 2007 8:32 AM | Comments (44)

The Fed's Role in the Housing Bubble
December 28, 2007 11:25 AM | Comments (10)

Study Guide to Human Action, Chapter XVII
December 18, 2007 1:52 PM | Comments (0)

Privatize the Strategic Petroleum Reserve!
December 14, 2007 11:42 AM | Comments (5)

Mechanism Design and the Free Market
December 10, 2007 8:19 AM | Comments (16)

Peter Schiff on Mortgage Bailout
December 9, 2007 7:57 PM | Comments (9)

The Mortgage Mess
December 8, 2007 6:56 PM | Comments (11)

Arbitraging Ron Paul's Online Odds
October 10, 2007 6:48 PM | Comments (8)

The Worst Recession in 25 years?
October 1, 2007 8:21 AM | Comments (27)

Perpetual Trade Deficits Can Be Good
September 11, 2007 7:52 AM | Comments (58)

A Falling Dollar, After All
August 13, 2007 9:09 AM | Comments (31)

New Study Guides to Human Action
July 24, 2007 8:50 AM | Comments (0)

How the Free Market Would Handle Quarantines
July 16, 2007 7:20 AM | Comments (14)

Murphy Interviewed on The Political Cesspool
July 9, 2007 11:37 PM | Comments (11)

The Student Loan Fiasco: Made in D.C.
June 27, 2007 7:35 AM | Comments (4)

Weekend Study Guide
June 1, 2007 3:01 PM | Comments (0)

New Chapters to Human Action Study Guide
May 28, 2007 3:59 PM | Comments (1)

The Giant Gas-Gouging Gaffe
May 25, 2007 8:05 AM | Comments (27)

More on Human Action
April 26, 2007 3:34 PM | Comments (0)

Private Defense Is No Laughing Matter
April 9, 2007 7:43 AM | Comments (79)

Blogger Covering Anarchist Rally Goes Free
April 4, 2007 8:13 AM | Comments (7)

Trade Deficits and Collectivism
March 26, 2007 7:45 AM | Comments (159)

Wal-Mart, Like Drug Dealers, Supports Terrorism
March 22, 2007 10:58 AM | Comments (8)

New Podcast Series: Easy Pieces in Austro-Libertarianism
March 8, 2007 6:44 PM | Comments (6)

More of the Study Guide to Human Action
March 6, 2007 11:43 AM | Comments (0)

Chaos Theory now online
February 27, 2007 4:59 PM | Comments (11)

The Greens Reduce Alcohol Consumption, Too?
February 26, 2007 8:33 AM | Comments (4)

Trade Deficits and Fiat Currencies
February 15, 2007 8:31 AM | Comments (113)

Young Criminals Don't Respond to Incentives?
February 7, 2007 3:56 PM | Comments (27)

Isn't the Capital Surplus a Good Thing?
January 22, 2007 8:09 AM | Comments (157)

Does Business Need Washington To Manage Wages?
January 15, 2007 8:03 AM | Comments (26)

Yellow Journalism at the Weekly Standard
January 3, 2007 7:49 AM | Comments (12)

Putting the Economics Back in Christmas
December 25, 2006 11:40 AM | Comments (2)

The Social Function of Call and Put Options
December 13, 2006 8:09 AM | Comments (17)

The Social Function of Futures Markets
November 29, 2006 7:48 AM | Comments (9)

Julian Simon's Wager With Paul Ehrlich
November 27, 2006 2:06 PM | Comments (20)

The Social Function of Stock Speculators
November 22, 2006 7:30 AM | Comments (29)

Anarchy (well, almost) in the Roads
November 12, 2006 2:17 PM | Comments (5)

Upsidedown Luddism: The Case of Immigration
October 3, 2006 8:10 AM | Comments (31)

Hey honey, I went to school with this guy!
September 14, 2006 10:53 PM | Comments (4)

Should An Economist Analyze Housing?
September 13, 2006 8:47 AM | Comments (23)

Slate Article: Sanctions Never Work!!
August 4, 2006 1:38 PM | Comments (6)

The Worst Article Ever?
August 2, 2006 8:27 AM | Comments (49)

At Least They're Not Being Gouged
July 24, 2006 8:27 AM | Comments (9)

Government Forces Teenager to Get Chemotherapy
July 21, 2006 9:52 PM | Comments (34)

Al Franken on Lying Liars
July 18, 2006 7:42 AM | Comments (5)

Paying People to Vote in Arizona
July 18, 2006 7:38 AM | Comments (9)

Taleb on Mainstream Economics
July 12, 2006 11:09 AM | Comments (2)

Superman Needs an Agent
July 11, 2006 7:29 AM | Comments (17)

So Economics Isn't Enough, Huh?
June 6, 2006 7:37 AM | Comments (30)

Hot News Item: Votes of 86 people mattered!
May 4, 2006 7:27 PM | Comments (1)

Columbia Business School Rips Bernanke
April 26, 2006 10:29 AM | Comments (2)

Bush to Iran: Don't You Wish We Had Been Disarmed?
April 16, 2006 12:58 PM | Comments (41)

Soda and the Sin Tax
March 29, 2006 7:30 AM | Comments (21)

Is There a Libertarian Case Against Free Trade?
March 13, 2006 7:06 AM | Comments (75)

Clever, Cooperating Undergrads
March 12, 2006 7:10 PM | Comments (7)

Private Law and Pizza?
March 3, 2006 3:46 PM | Comments (58)

What Money is Not
February 28, 2006 7:48 AM | Comments (56)

More from PCR on outsourcing
February 16, 2006 1:13 PM | Comments (26)

Free Market = Mass Society = Bad?
February 15, 2006 7:02 PM | Comments (68)

Is Free Trade Really Wrecking the Union?
February 15, 2006 8:07 AM | Comments (18)

Why Rothbard Makes Sense
February 10, 2006 7:27 AM | Comments (5)

The Gas-Line Quagmire in Iraq
February 6, 2006 9:05 AM | Comments (27)

Aren't Deficits Another Name for Saving? Nope.
January 27, 2006 8:16 AM | Comments (13)

Government Debt Has No Upside
January 16, 2006 7:22 AM | Comments (104)

Role Playing Games and Money
January 7, 2006 8:50 AM | Comments (18)

Can Free Trade Ever Harm a Country?
January 5, 2006 5:06 AM | Comments (19)

The Alleged China Threat
December 15, 2005 7:43 AM | Comments (24)

How a Market Might Have Handled Katrina
November 17, 2005 4:07 AM | Comments (26)

Study Guide for Rothbard Finished!
November 4, 2005 8:43 AM | Comments (3)

My Bizarro Twin
October 13, 2005 3:29 PM | Comments (3)

Spontaneous Order in Kenya
September 11, 2005 1:47 PM | Comments (2)

Why Home Study?
September 1, 2005 7:30 AM | Comments (5)

Canadian Court for Private Health Care?
August 28, 2005 8:06 PM | Comments (4)

Education Investment (not Loans)
August 20, 2005 8:45 PM | Comments (6)

Should We Love or Loathe the Mafia?
August 12, 2005 4:23 AM | Comments (46)

The Possibility of Private Law
August 3, 2005 7:16 AM | Comments (66)

Austrian Economists in Mass Media
July 21, 2005 3:34 PM | Comments (6)

Hayek's Plan for Private Money
July 18, 2005 8:02 AM | Comments (66)

Wouldn't the Warlords Take Over?
July 7, 2005 5:07 AM | Comments (115)

Ridiculous Scenarios
June 21, 2005 7:43 PM | Comments (42)

Scott Horton's Weekend Interview
June 19, 2005 5:18 PM | Comments (1)

Bush-Style Privatization: More and More Problems
June 12, 2005 3:23 PM | Comments (22)

Austrian-friendly JEP article
June 10, 2005 1:17 PM | Comments (1)

A Recommendation for the Dehomogenization Debate
June 10, 2005 8:22 AM | Comments (3)

Private Schools a Failure?
June 2, 2005 10:23 AM | Comments (7)

Austrian Economist defends Bush SS plan
June 1, 2005 9:06 AM | Comments (5)

More Fun Than Truth
May 25, 2005 7:21 AM | Comments (10)

Great Slate Piece on Insurance
May 24, 2005 9:24 AM | Comments (4)

Bush's Impossible Social Security Plan
May 12, 2005 8:55 AM | Comments (26)

George Bernard Shaw on Calculation
May 9, 2005 7:11 AM | Comments (2)

(Minor) Criticisms of Kinsella
May 5, 2005 6:40 AM | Comments (11)

Austrians Can Now Pass the Market Test...
May 3, 2005 9:54 AM | Comments (4)

Are Higher Prices a Blessing?
May 3, 2005 7:35 AM | Comments (14)

Return to Gold?
April 30, 2005 7:02 AM | Comments (55)

MES Study Guide, Chap. 11
April 27, 2005 7:07 PM | Comments (0)

A Personal Request from Milton Friedman!
April 20, 2005 1:07 PM | Comments (29)

What Are You Calling Anarchy?
April 1, 2005 6:20 AM | Comments (48)

Price Spreads and Brokers
March 24, 2005 2:44 PM | Comments (1)

Murphy Essay on Oil
March 17, 2005 2:57 PM | Comments (9)

Libertarians for a National Sales Tax?
March 16, 2005 12:23 PM | Comments (15)

More Study Guide Chapters for MES
March 14, 2005 12:22 PM | Comments (5)

Eliminating Grocery Shortages
March 9, 2005 5:09 PM | Comments (26)

Libertarians Against Theft: What Victorians!
February 24, 2005 5:35 AM | Comments (9)

Accountants Don't Know Time is Money / Paper Idea
February 23, 2005 12:19 PM | Comments (5)

Bush Raising Taxes? Kudlow Shocked, Shocked
February 20, 2005 8:40 AM | Comments (17)

Objectivists Close to Rothbardians??
February 19, 2005 7:42 PM | Comments (11)

Murphy Talk on Anarchism
February 11, 2005 11:14 AM | Comments (5)

Kudlow's Analysis of Bush
February 10, 2005 5:49 AM | Comments (2)

The Joy of Labor
February 4, 2005 6:16 PM | Comments (11)

Liberty and Order, Home and Abroad
February 1, 2005 5:39 AM | Comments (10)

Philosophers Reject Self-Referential Arguments?
January 25, 2005 10:14 AM | Comments (20)

Keep Your Eye on the Assumptions
January 25, 2005 7:21 AM | Comments (19)

Lacunae in Subjective Value Theory?
January 24, 2005 1:25 PM | Comments (12)

"Simon Market" Starting Up
January 16, 2005 11:29 AM | Comments (4)

Should Anarchists Take State Money?
January 10, 2005 8:08 AM | Comments (40)

The Infant Industry Argument
January 2, 2005 5:10 AM | Comments (25)

You Can Pay to Avoid Searches
December 30, 2004 10:39 AM | Comments (1)

The Recent JEP Samuelson Article on Trade
December 29, 2004 8:46 AM | Comments (7)

Jennifer Government, an an-cap novel
December 28, 2004 12:22 AM | Comments (16)

Can Trade Bring Poverty?
December 24, 2004 6:41 AM | Comments (23)

Wait a Sec: Why Are Misers Good?
December 23, 2004 12:10 AM | Comments (11)

What Makes One an Economist?
December 18, 2004 4:16 PM | Comments (16)

Chapter 8 Available for Rothbard Study Guide
December 16, 2004 12:55 PM | Comments (5)

New Theory for Road Design
December 12, 2004 10:11 PM | Comments (12)

Becker-Posner: Negative Expected Benefits
December 8, 2004 7:51 AM | Comments (5)

People Can Just Get Along
December 6, 2004 7:21 AM | Comments (13)

Böhm-Bawerk’s Critique of the Exploitation Theory of Interest
November 26, 2004 5:49 AM | Comments (7)

Chapter 7 of MES Study Guide
November 10, 2004 8:46 PM | Comments (2)

Oops! Reagan Record Not So Bad?
November 9, 2004 10:04 AM | Comments (1)

Bread, Circuses, Tax Cuts, and Debt
November 5, 2004 7:40 AM | Comments (12)

Bush's Fancy Finance
October 27, 2004 4:59 AM | Comments (3)

Guardian Tries to Influence US Election
October 21, 2004 10:15 AM | Comments (3)

Free Banking Conference in Panama
October 20, 2004 2:13 PM | Comments (5)

A Study Guide to Rothbard
October 18, 2004 12:54 PM | Comments (8)

Profit, Loss, and Pluto
October 14, 2004 7:51 AM | Comments (13)

The Final Frontier
October 5, 2004 8:21 AM | Comments (5)

What Does Marginality Mean?
August 11, 2004 5:13 AM | Comments (16)

The Mystery of Central Banking
July 21, 2004 8:36 AM | Comments (11)

Golfing Boehm-Bawerk
June 28, 2004 7:49 AM | Comments (10)

Beggars Can Be Choosers
June 23, 2004 5:17 AM | Comments (23)

What is the Proper Way to Run a School?
May 5, 2004 7:59 AM | Comments (10)

Sraffa's Production of Fallacies by Means of Fallacies
April 8, 2004 9:53 AM | Comments (2)

The Explanatory Power of Economic Logic
March 15, 2004 10:22 AM | Comments (0)