Quantcast
Channel: Consulting by RPM || Free Advice Blog » Financial Economics
Browsing all 20 articles
Browse latest View live

Wenzel vs. Murphy: You Decide

[UPDATE below.] Well, Bob Wenzel has already been knighted due to his remarks at the NY Fed, so in the interests of keeping Sir Bob humble, I want to recall something back from November. Some of you...

View Article



Weissenberger and Murphy Solve the World’s Problems in 46 Minutes

Redmond and I talk about climate models and the euro. Never before have so few pontificated about so much for so long.

View Article

Lord Keynes Beautifully Illustrates Why We Get Nowhere in the Stimulus Debate

My son has off from school today and I have agreed to watch old episodes of X-Men with him in 9 minutes… (Hey, I make sacrifices for the next generation.) Therefore I have to be brief, and can’t paint...

View Article

Image may be NSFW.
Clik here to view.

Updated Yield Curve Chart

For my Anatomy of the Fed class, I showed how the Austrian theory of the business cycle actually has a very natural explanation of the yield curve’s ability to “predict” recessions. (Details in my...

View Article

Popping Sumner’s Bubble

[UPDATE below.] I’m telling you guys, “Scott Sumner” is a computer program from another planet, sent to destroy the dollar and soften up Earth for the invasion. Today he writes: I am constantly amazed...

View Article


Mises on “We Owe the Debt to Ourselves”

Wow, did I blog about this back when we had the fall of Western civilization? Anyway Mises–in a footnote of course–could have saved all of us a month of hassle: The most popular of these doctrines is...

View Article

Sumner Courageously Admits He Can’t Explain Housing Bubble

I know a lot of you wonder why I am always so quick to volunteer the fact that I made erroneous warnings about official price measures thus far, but the reason is that I can’t stand analysts who make...

View Article

Quick Clarification on the Great Debt Debate

My trip to NY has messed me up vis-a-vis my “day job” and so I can’t go nuts on the debt debate the way Nick Rowe is (here, here, here, and here). I hope later in the week to offer two more posts, one...

View Article


Money Is a Spontaneous Order Not a Social Contrivance

Everybody has been talking about this “is money a bubble?” controversy. (Nick Rowe, in addition to being awesome on OLG apple models, is also good at linking everybody in this debate.) I want to make...

View Article


Image may be NSFW.
Clik here to view.

Learning From Brad DeLong and Paul Krugman

Rather than have a long series of posts discussing the fallout from my (price) inflation bet with David R. Henderson, I decided to do one comprehensive reply to Brad DeLong and Paul Krugman. I had...

View Article

Potpourri

==> An interesting inventory at IER of “federal assets above and below ground.” I didn’t do this particular blog post, but I think it draws on some numbers I compiled in the past. This notion that...

View Article

Memories of Armen Alchian

Arman Alchien is one of those economists–like Wicksteed–that I would read a lot more of, if I were on a deserted island. (That’s a compliment to them, and a criticism of myself.) He recently died, as...

View Article

Tucker Interviews Murphy on Illusion of Wealth

Laissez-Faire Books has released a new volume with excerpts of Mises talking about the business cycle. (Specifically, we went through Human Action and grabbed what the reader would need to fully...

View Article


A Nuanced Point in the Outrage Over Cyprus

I meant to remark on this a few days ago, but I’m a busy guy… When the Cyprus bailout-plus-tax-on-depositors was first announced, most people flipped out, saying it was stealing money from the average...

View Article

Image may be NSFW.
Clik here to view.

It’s Easy to Be Right When You Don’t Admit You Were Wrong

I’m going to be laying into my two favorite bloggers–Paul Krugman and Scott Sumner–for their slippery handling of the recent rise in Treasury yields. As I’ve said several times on this blog, I think...

View Article


Image may be NSFW.
Clik here to view.

Von Pepe Is Bearish On China

The brooding von Pepe–who discovered something about himself after the Oprah incident–emails me to bring up the issue of China, which he thinks is classic Austrian business cycle material. I want to be...

View Article

Image may be NSFW.
Clik here to view.

News Flash: The Non-Stupid CBO Proves DeLong Was Wrong

I am traveling all week and have to keep this short and sweet. Here’s a chronicle of what happened in yet another exchange of blogfire with my favorite Keynesians: ==> Brad DeLong said, “There are...

View Article


Potpourri

==> The WSJ and I are pen pals. ==> Next week on Friday (September 27) I’ll be giving a talk at San Jose State on interventionism in the Austrian tradition. (I’m in California because on Saturday...

View Article

Thoughts on the “Nobel” Prize in Economics

This is that special time of year when MarginalRevolution destroys Free Advice in not only objective but also subjective value. Alex and Tyler have so many posts on the new economics laureates that I...

View Article

If You’re Not Outraged, You Haven’t Been Reading Scott Sumner’s Blog

This post title is misleading, but I couldn’t think of anything wittier. Scott Sumner calmly discusses reflections from Miles Kimball and says this: In another paper, Kimball spells out the credit...

View Article
Browsing all 20 articles
Browse latest View live




Latest Images