Ep. 305 Is $2 Gas the Worst Thing to Happen to America?
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 15 December 2014
⏱️ 36 minutes
🧾️ Download transcript
Summary
Article Discussed
“$2 Gas Is the Worst Thing to Happen to America,” by Mark Morford
About the Guest
Robert P. Murphy holds a Ph.D. in economics from New York University. He is the author of numerous books (see below), including study guides to Ludwig von Mises’ Human Action (study guide here) and The Theory of Money and Credit (study guide here), and Murray Rothbard’s Man, Economy, and State (study guide here).
Links/Topics Mentioned
On Oil and Gas Production Under Obama (see chart at that link)
Will Fuel Economy Mandates Increase Car Company Profits? (in the second half of this article Bob reviews the issue of fuel-economy standards and auto fatalities)
Guest’s Blog
Books by the Guest
Lessons for the Young Economist (free textbook; click here for a free teacher’s manual)
Chaos Theory (available free)
Understanding Bitcoin (with Silas Barta; available free)
The Politically Incorrect Guide to Capitalism (also available as an audiobook)
The Politically Incorrect Guide to the Great Depression and the New Deal (also available as an audiobook)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | In a world of Democrats, there will be time for them to make profits. |
| 0:05.2 | Now's not that time. |
| 0:06.4 | And Republicans. |
| 0:07.9 | I've abandoned free market principles to save the free market system. |
| 0:12.2 | You need a voice of liberty. |
| 0:15.0 | Look no further. |
| 0:16.8 | You've found it. |
| 0:18.4 | Tom Woods. |
| 0:26.6 | Beware, citizen, you are now departing from the world of allowable opinion. The Tom Woods Show. |
| 0:33.6 | Welcome to the Tom Woods Show episode 305. |
| 0:38.3 | We're joined today by Bob Murphy once again. |
| 0:41.3 | Economist Robert P. Murphy is here to talk about this trend that we're seeing in the media |
| 0:47.3 | by which falling gas prices are being portrayed as a terrible development, as something we ought to |
| 0:57.0 | oppose. |
| 0:58.0 | Why are they saying this? And what's the truth of the matter? That's what we're going to talk about |
| 1:03.0 | today. Before we do that, I want to say a special thank you to all you good folks out there. |
| 1:09.0 | I don't know your names because it's all anonymous, but all you good folks who are remembering the show as you're doing your Christmas shopping through Amazon. |
| 1:17.7 | You're using the Amazon widget that you'll find at tomwoods.com, that you'll find very prominently on the podcast page, tomwoods.com slash podcast. |
| 1:27.4 | It's very helpful. It helps me to promote the show and to keep things running and keep my little office here. So thanks for remembering me at this time of year. All right, you guys probably know Bob Murphy, but I do want to tell you about his work. |
| 1:46.9 | First of all, he's written books that you should read. |
| 1:49.8 | He's written two books in the Politically Incorrect Guide series, |
| 1:54.1 | Politically Incorrect Guide to Capitalism and Politically Incorrect Guide to the Great Depression and The New Deal. |
... |
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