Ep. 20 Murphy Answers Questions II
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 18 October 2013
⏱️ 30 minutes
🧾️ Download transcript
Summary
Dr. Robert Murphy talks with Tom about the "Nobel" prize in economics, Austrian business cycle theory, and Keynesian contradictions.
Transcript
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| 0:00.0 | I've abandoned free market principles to save the free market system. |
| 0:09.9 | In a world of conventional confusion, there will be time for them to make profits. |
| 0:14.9 | Now's not that time. |
| 0:16.5 | Daddy, what do taxes pay for? |
| 0:18.3 | Oh, why everything? |
| 0:19.7 | Policemen, trees, sunshine. |
| 0:21.9 | And let's not forget the folks who just don't feel like working, God bless them. |
| 0:25.9 | Don't be afraid. |
| 0:26.7 | I'll feel free to unshackle your mind. |
| 0:31.3 | An idea whose time has come cannot be stopped by any army or any government. |
| 0:36.9 | Your professor has arrived. |
| 0:41.1 | Tom Woods. |
| 0:46.8 | Beware, citizen, you are now departing from the world of allowable opinion. |
| 0:52.0 | The Tom Woods Show. |
| 0:58.6 | Welcome everybody on this Friday, October 18, 2013. Tom Woods here, joined by Bob Murphy today. |
| 1:07.0 | Bob, of course, is the author of the politically incorrect guide to capitalism, the politically |
| 1:12.0 | incorrect guide to the Great Depression and the New Deal. He's the author of Lessons for the Young |
| 1:17.5 | Economist, which is a textbook on economics. He's written study guides for the major |
| 1:22.7 | Austrian treatises like Meese's human action, Mises's theory of money and credit, and Rothbard's |
| 1:28.7 | man, economy, and state. He has a blog at Consulting by RPM. RPM are his initials, so consulting |
| 1:36.5 | byrpm.com and click on his blog, and you'll want to follow Bob regularly. Bob is our question |
| 1:44.0 | answerer here. |
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