Bob critiques a Guardian article from an economist favoring price controls, and explains his argument with Joe Weisenthal about the social benefit of saving actual cash.
Mentioned in the Episode and Other Links of Interest:
- Dr. Keith Smith (of the Surgery Center of Oklahoma) contact page.
- The Guardian article advocating price controls.
- Murphy Mises.org critique of Weisenthal.
- Murphy article on the 1920-21 depression.
- Mises essay calling inflationary war finance “undemocratic.”
- BMS series on Bohm-Bawerk (1, 2, and 3).
For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on Apple Podcasts, Google Podcasts, Stitcher, Spotify, and via RSS.
The Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. These great thinkers developed praxeology, a deductive science of human action based on premises known with certainty to be true, and this is what we teach and advocate. Our scholarly work is founded in Misesian praxeology, and in self-conscious opposition to the mathematical modeling and hypothesis-testing that has created so much confusion in neoclassical economics. Visit https://mises.org