Pulse on the Market

Half-Trillion Dollar Interest Payments Coming in 2020

September 29, 2018 | By Bob Murphy

A recent NYT article explains some of the shocking statistics in the latest CBO report on projections of Uncle Sam’s debt service costs. I think most Americans are vaguely aware   — View Full Article

“Why Does Freedom Work?” Murphy Talk on Carlos and Mises

May 2, 2017 | By Robert P. Murphy

In April I gave a talk in San Francisco for the Independent Institute (which published my book Choice). I opened with an anecdote about Carlos (Lara), and then segued into   — View Full Article

A Major Problem with the Pro-Border Adjustment Tax (BAT) Arguments

March 18, 2017 | By Robert P. Murphy

On Episode 35 of the Lara-Murphy Show, I walked through a Scott Sumner blog post about the GOP tax proposal, which includes a “border adjustment tax” (BAT). This would tax   — View Full Article

Is Health Care Broken Because of Tax Breaks?

March 10, 2017 | By Robert P. Murphy

It’s not surprising that progressives oppose the GOP health insurance plan as being heartless, and it’s not surprising that many conservatives and libertarians oppose the plan for keeping too much   — View Full Article

Krugman’s Case for Deficits Flip Flopped IN EIGHT WEEKS

January 10, 2017 | By Robert P. Murphy

Paul Krugman lobbed his critics a slow pitch over the plate with his recent column titled, “Deficits Matter Again.” The NYT’s famous Keynesian economist has just spent 8 years arguing   — View Full Article

Thoughts On Trump’s 1995 Tax Return

October 3, 2016 | By Robert P. Murphy

Look folks, we’re not fans of Donald Trump; see our earlier post questioning the wisdom of voting at all. But the commentary regarding the leaked excerpts from his 1995 tax   — View Full Article