Robert Murphy has a Ph.D. in economics and is the author of The Politically Incorrect Guide to Capitalism (Regnery 2007). http://www.townhall.com/columnists/RobertMurphy http://media.townhall.com/TownHall/icons/TH-feed-icon-128x128.gif http://www.townhall.com/columnists/RobertMurphy TownHall.com, Where your opinion counts. 128 Copyright (c) 2013 Townhall.com, A Salem Communications Web. ALL RIGHTS RESERVED jim.dearras@townhall.com (Jim De Arras) Tue, 09 Feb 2010 18:46:14 GMT Tue, 09 Feb 2010 18:46:14 GMT http://blogs.law.harvard.edu/tech/rss RSS.NET: http://www.rssdotnet.com/ Venezuelan President Hugo Chavez has decided to devalue his country's currency and impose price controls. These actions will provide U.S. politicians, economics professors and the public with a textbook demonstration of... http://www.townhall.com/columnists/RobertMurphy/2010/02/09/lessons_for_america_from_hugo_chavez,_economist 8883c164-0fae-47aa-a4d1-2864f7da4933 Tue, 09 Feb 2010 18:46:14 GMT Just when you thought the wizards in Washington couldn't distort the economy any more, along comes the "cash-for-clunkers" program. Spending billions of tax dollars to bribe people to buy new cars is always a silly... http://www.townhall.com/columnists/RobertMurphy/2009/08/08/cash_for_clunkers ebce955a-3748-4d04-9fca-b041c0540ee2 Sat, 08 Aug 2009 04:01:00 GMT Recently Congress took a break from nationalizing corporations and discussed the Waxman-Markey "cap and trade" bill in which the federal government would auction off permits to businesses giving them legal permission to... http://www.townhall.com/columnists/RobertMurphy/2009/05/02/the_cost_of_cap_and_trade 0bc4ad2c-7298-4fbf-abf8-c8c948530655 Sat, 02 May 2009 04:01:00 GMT I have been resisting the growing tendency to label our current woes as the Great Depression II. The conventional statistics of our economy today are nowhere near the misery of the 1930s. However, the proposed 90% tax... http://www.townhall.com/columnists/RobertMurphy/2009/03/28/the_aig_bonus_brouhaha 2720833a-6c40-474e-9294-5640fdc4dc95 Sat, 28 Mar 2009 19:03:55 GMT Undeterred by the failure of the last injection of taxpayer dollars into a bloated banking system, our financial crusaders in DC are scratching their heads over the best way to flush another few hundred billion away. ... http://www.townhall.com/columnists/RobertMurphy/2009/02/07/bank_bailout_blues 78bad9ed-a747-42d6-83b6-2fd201bd27b5 Sat, 07 Feb 2009 05:01:00 GMT On December 11, the California Air Resources Board (CARB) approved the Scoping Plan for AB 32, aka "The Global Warming Solutions Act of 2006." The Board's unanimous decision to go forward with their ambitiou http://www.townhall.com/columnists/RobertMurphy/2008/12/20/carbs_faith_in_green_jobs 14eded53-97da-4894-9db1-07d43905e30c Sat, 20 Dec 2008 05:01:00 GMT It has become fashionable to compare our present economic crisis to the Great Depression, especially by partisan opponents of the Bush Administration. The comparison may turn out to be apt, though not for the reasons... http://www.townhall.com/columnists/RobertMurphy/2008/11/08/could_this_be_the_great_depression_ii 1a4051d1-949e-497b-b65d-074948038c21 Sat, 08 Nov 2008 22:03:49 GMT Although they are just playing the hand that Alan Greenspan dealt them, Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson have been working overtime to discredit the capitalist economy. The $700 billion... http://www.townhall.com/columnists/RobertMurphy/2008/09/27/conservatives_should_oppose_corporate_welfare 54729aa6-bcb5-4400-b8aa-094166c049d9 Sat, 27 Sep 2008 04:01:00 GMT Last Monday, Nancy Pelosi appeared on Larry King to promote her new book (see transcript). When the discussion turned to energy policy, she dropped a few doozies. Not only are her talking points wrong, but they even... http://www.townhall.com/columnists/RobertMurphy/2008/08/16/pelosi_on_energy_policy 335bf6a0-2c31-4610-8ee3-84e94f010f2a Sat, 16 Aug 2008 04:01:00 GMT When it comes to vilifying big evil corporations, the accusations made about oil companies never disappoint. The latest controversy centers on whether the government should allow more drilling for oil and natural gas... http://www.townhall.com/columnists/RobertMurphy/2008/07/05/politicians_tell_big_oil_how_to_make_billions 9a401a73-e0bc-414c-b174-68b02055870d Sat, 05 Jul 2008 04:01:00 GMT With food and energy prices soaring, housing prices collapsing, and the economy sinking into what could be a deep recession, the government has been searching around for villains. The latest scapegoats are speculators,... http://www.townhall.com/columnists/RobertMurphy/2008/05/31/the_governments_scapegoats b3ddd180-8be6-4d2a-a822-6ea4758d60b0 Sat, 31 May 2008 04:01:00 GMT For most Americans, Enron was the poster child of unfettered capitalism. After its fraudulent activities led to the company's collapse, business ethicist Marjorie Kelly proclaimed, "The ideal of the unregulated market... http://www.townhall.com/columnists/RobertMurphy/2008/04/26/enron,_the_csr_poster_child 3ccd34fc-a076-4816-af15-6d761ba5a304 Sat, 26 Apr 2008 04:01:00 GMT When it comes to public hatred of big business, there's no better target than oil companies. This hatred has been all the more intense since Exxon Mobil announced last year's net income at $40.6 billion, the... http://www.townhall.com/columnists/RobertMurphy/2008/03/08/on_those_oil_profits 625efc44-a81c-43e3-ba72-90dca702209a Sat, 08 Mar 2008 05:01:00 GMT Last Tuesday the Fed announced a surprise rate cut of 75 basis points, the biggest cut in 24 years. Even so, the stock market plunged, with the S&P 500 shedding 1.1% during the session, bringing its total losses... http://www.townhall.com/columnists/RobertMurphy/2008/01/26/the_keynesian_corner d4aecd68-2a71-4be5-bfee-5e0e9bf97e55 Sat, 26 Jan 2008 05:01:00 GMT Like obnoxious relatives, the mortgage mess won't go away. Some two million adjustable-rate mortgages (ARMs) will reset over the next two years, and analysts say that within the coming year alone, $362 billion in... http://www.townhall.com/columnists/RobertMurphy/2007/12/08/the_mortgage_mess 0ba687c8-958b-4375-af94-0f2e28bff6ad Sat, 08 Dec 2007 05:01:00 GMT