Bob Murphy Show

40 Episodes
Subscribe

By: Robert Murphy

The podcast promoting free markets, free minds, and grateful souls.

✂️ Clip this podcast
Adam Haman and Bob Murphy Review McMurtry's "Lonesome Dove"
#511
Today at 1:00 PM

Adam Haman returns for another literary episode, this one reviewing Larry McMurtry's classic Western, "Lonesome Dove." He and Bob praise not just the story, but the novel's writing too.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.This episode’s sponsor, the free Plan-B guide from ExPatMoney.The HamanNature substack.Help support the Bob Murphy Show.


Brian Albrecht Shows a Flaw in the "Waterbed" Critique of Market Power
#510
Last Sunday at 1:00 PM

Economist Brian Albrecht explains his discovery of a surprising--but critical--missing link in a popular argument against market power. Specifically, Brian shows that the standard work in this literature doesn't even allow consumer harm as a possibility of firms merging.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.Albrecht's paper on the weakness in the waterbed argument. His substack (with Josh Hendrickson).Bob's past discussion with Brian. Bob's interview of Eric Weinstein.This episode’s sponsor, the free Plan-B guide from ExPatMoney.Help support the Bob Murphy Show.


Responding to Jeremy Kauffman on Libertarian Party Strategy
#509
06/05/2026

Adam Haman returns to help Bob offer praise and criticism for Jeremy Kauffman's recent speech at the Libertarian Party's national convention, as well as his appearance on the Tom Woods Show.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.Jeremy Kauffman's appearance on the Tom Woods Show. His address to the LP national convention.Jeremy's interview on BMS ep. 368.This episode's sponsor, the free Plan-B guide from ExPatMoney.The "Universal Principles of Liberty."The HamanNature substack.Help support the Bob Murphy Show.


Gene Callahan Argues Murphy's AnCap Vision Is Just a State
#508
05/29/2026

Drawing on the work of British idealist philosopher Bernard Bosanquet, Callahan argues that standard depictions of an "anarcho-capitalist" society, whether practical or not, would constitute a "State."

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.Gene Callahan's article on anarchism.Bob's pamphlet, Chaos Theory.Help support the Bob Murphy Show.


A Critique of Hamilton's American System
#507
05/28/2026

Adam Haman joins Bob to critique an article making an Austrian case for Alexander Hamilton's "American System." Specifically, the plan favored national banking, protective tariffs, assumption of state debts, a preference for "productive" credit, and infrastructure projects. Bob pushes back.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.The article praising Hamilton's American System.Burt Folsom's wonderful The Myth of the Robber Barons.This episode’s sponsor, The Scott Horton Academy.The HamanNature substack.Help support the Bob Murphy Show.


Abby Hall on Her New Book Introducing Austrian Economics
#506
05/25/2026

With co-author Chris Coyne, Abby Hall has a new book serving as an introduction to the Austrian School. As she and Bob discuss, the book fills a niche in the existing options of this genre.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.Abby Hall's new book (co-authored with Chris Coyne), Austrian Economics: An Introduction.The prior BMS interview of Abby (on Latin American military intervention).Help support the Bob Murphy Show.


Highlighting Scott Horton on Joe Rogan
#505
05/22/2026

Adam Haman returns to help Bob trumpet the amazing performance of Scott Horton on the JRE.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.The Rogan interview of Horton.Bob's "Hail Mary" episode and interview of Robert Bryce on rare earths.Adam's analysis of the Massie affair.This episode’s sponsor, Jackery.The HamanNature substack.Help support the Bob Murphy Show.


Thomas Massie on Tucker
#504
05/16/2026

Adam Haman returns to help Bob analyze the recent Tucker Carlson monologue and then interview of Thomas Massie. Although they are fans of both men, Adam and Bob do have some misgivings about the episode.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.The Tucker episode with Massie.This episode’s sponsor, The Swan Brothers.The HamanNature substack.Help support the Bob Murphy Show.


How Is the Progressive Analysis of Jeffrey Dahmer Like the Libertarian Analysis of Putin?
#503
05/09/2026

Adam Haman returns, for the first in a series on "Challenging and Defending Liberty." In this one, Bob plays clips from a progressive who uses the Jeffrey Dahmer case to challenge the "prison-industrial complex." Bob argues that this is similar to how antiwar libertarians analyze Putin and the Iranian regime.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.The Olurinatti video on serial killers.This episode’s sponsor, The Scott Horton Academy.The HamanNature substack.Help support the Bob Murphy Show.


Answering Darryl Cooper's Objections to Libertarianism
#502
05/03/2026

Adam Haman returns to help Bob respond to Martyr Made's recent appearance on Jacob Winograd's Biblical Anarchy podcast.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.Darryl's appearance on Jacob Winograd's show.A previous BMS covering Oregon's drug decriminalization.This episode’s sponsor, The Swan Brothers.The HamanNature substack.Help support the Bob Murphy Show.


The Notorious Red and Blue Button Brouhaha
#501
04/30/2026

Bob first addresses a pro-political process argument from Tom Woods, then spends the balance of the episode analyzing a brain teaser that swept X for 3 days.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this episode.The Tom Woods episode with Clint Russell.Two interesting (one and two) substack posts from Tim Urban.Bob's pamphlet on Texas independence.Help support the Bob Murphy Show.


Responding to Elon on UBI as a Solution to AI-Produced Unemployment
#500
04/26/2026

Adam Haman returns, this time helping Bob to unpack and critique Elon Musk's recent advocacy of UBI as a solution to AI taking our jobs.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.The HamanNature substack.Help support the Bob Murphy Show.


Bob Murphy Explains a Voluntary Society from a Biblical Perspective
#499
04/25/2026

Back in February, Bob was a guest on the Bad Roman podcast, talking about his booklet Chaos Theory from a Christian point of view. This is a rebroadcast of that discussion.

Mentioned in the Episode and Other Links of Interest:

The Bad Roman podcast.Bob's pamphlet, Chaos Theory.Help support the Bob Murphy Show.


Analyzing Mamet's House of Games
#498
04/16/2026

Adam Haman returns to discuss one of his favorite movies. Plus he and Bob share personal stories of when they were conned.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.The HamanNature substack.Help support the Bob Murphy Show.



An Interdisciplinary Commentary on the Gospel Accounts of Jesus Christ: Installment 12, Men Loved Darkness
#497
04/12/2026

Bob continues his commentary on John chapter 3, this time on verses 18 through 36 (finishing the chapter). The emphasis is on the humility of John the Baptist, and the fact that you need a savior.

Mentioned in the Episode and Other Links of Interest:

The previous episode in this series, i.e. BMS ep 487, Installment 11: Whoever Believes in Him.RC Sproul on Jesus as the light.Help support the Bob Murphy Show.


America After Trump
#496
04/09/2026

Adam Haman returns to discuss the political vacuum that will be left in a post-Trump America. It's not a pretty picture.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.Bob's pamphlet on Texan independence.This episode’s sponsor, the Scott Horton Academy.The HamanNature substack.Help support the Bob Murphy Show.


A Conversation With One of the Creators of Call of Duty
#495
04/08/2026

Chance Glasco has over 25 years of experience in game development, including pivotal roles in the Medal of Honor and Call of Duty titles. He joins Bob for a wide-ranging discussion touching on programming mechanics, political pressure on game narratives, and concerns about animated violence.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this interview.Chance Glasco's bio for the Atlantic Council.The link for Bob's course in the Tuttle Twins Academy.Help support the Bob Murphy Show.


Trump Tries to Find Exit Ramp From Iran
#494
04/04/2026

Adam Haman returns to discuss Trump's address to the nation on Iran. Bob offers a theory that Trump isn't as much of a puppet of Netanyahu as some cynics claim.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, the Scott Horton Academy.The HamanNature substack.Help support the Bob Murphy Show.


Three Deeper Dives Into Fiscal and Monetary Economics
#493
04/03/2026

Bob uses clips from his ZeroHedge debate with Randall Wray, as well as a moment from a forthcoming Human Action podcast, to provide deeper analysis than he had time to cover in the moments.

Mentioned in the Episode and Other Links of Interest:

The ZeroHedge debate between Murphy and Randall Wray.Bob's (quick) critique of the sectoral balance argument.Bob's Human Action episode on Cantillon effects.Help support the Bob Murphy Show.


Economics of the Petrodollar and ZeroHedge Debate Murphy vs Wray
#492
03/28/2026

Adam Haman returns to discuss with Bob the economics of the petrodollar. They also go through some key moments from the recent ZeroHedge debate between Bob and MMT co-founder Randall Wray.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.The ZeroHedge debate.Scott Beyer on the petrodollar.Bob critiques the sectoral balance demonstration, and Kelton's book.This episode’s sponsor, the Scott Horton Academy.The HamanNature substack.Help support the Bob Murphy Show.


Robert Breedlove Asks Murphy for a Deep Dive into Praxeology
#491
03/22/2026

Bob was recently on the "What Is Money?" podcast to probe the philosophical underpinnings of Austrian economics.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this interview.HHH's Economic Science and the Austrian Method (ESAM).BMS ep 7 explaining Godel's theorem.Bob's earlier appearance on "What Is Money?" (recorded on-site at the inaugural ARC conference).Help support the Bob Murphy Show.


Remembering the Economic Contributions of Rothbard and Garrison
#490
03/13/2026

Adam Haman returns to discuss with Bob the legacy to economics left by Murray Rothbard and Roger Garrison, in light of the 100th anniversary of Rothbard's birth and the recent passing of Garrison.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.Rothbard's Man, Economy, and State and Bob's Study Guide to it.Garrison's 1984 journal article. The home base of his amazing PowerPoints.Bob's journal article on Garrison's model related to neoclassical growth theory.This episode’s sponsor, The Swan Brothers.The HamanNature substack.Help support the Bob Murphy Show.


Michael Fraser Explains the Pentagon Decision to Dump Claude
#489
03/12/2026

Michael Fraser is a business consultant on leading LLMs, with an extensive knowledge of praxeology. He joins Bob to discuss the Pentagon's decision to sever ties with Anthropic and even designate them a supply chain risk.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this interview.Anthropic CEO's statement in response to Hegseth decision.Academic paper putting leading LLMs into a wargame.Good examples of "jailbreaking" safeguards on LLMs.The BMS interview of Steve Landsburg discussing Grothendiek.Michael Fraser's interview on the InFi podcast, discussing LLMs as a cauldron, not a cr...


Do LLMs Always Escalate to Nuclear War?
#488
03/07/2026

Adam Haman returns, this time to discuss a recent paper summarizing the performance of leading LLMs in wargames.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.The NewScientist article reporting (inaccurately) on this research paper.BMS ep 467 on the weaknesses of modern game theory.This episode’s sponsors, the Scott Horton Academy and The Swan Brothers.The HamanNature substack.Help support the Bob Murphy Show.


An Interdisciplinary Commentary on the Gospel Accounts of Jesus Christ: Installment 11, Whoever Believes in Him
#487
03/05/2026

Bob continues his commentary on John chapter 3, this time on verses 13 through 17. This includes the famous verse John 3:16, which lays out the recipe for eternal life through belief in Jesus.

Mentioned in the Episode and Other Links of Interest:

The previous episode in this series, i.e. BMS ep 475, Installment 10: Being Born Again.John Piper on Moses lifting up the serpent.John Piper answers: Does God love the non-elect? Help support the Bob Murphy Show.


Analyzing the Epstein-Bannon Interview
#486
02/20/2026

Adam Haman returns, this time to help Bob parse the Epstein-Bannon interview footage that was released with the general Epstein file dump. It reveals a glib character who plays fast and loose with his anecdotes.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.The Epstein-Bannon footage.This episode’s sponsors, the Scott Horton Academy and The Swan Brothers.The HamanNature substack.Help support the Bob Murphy Show.



Is the Epstein Case the Right's Russiagate?
#485
02/12/2026

Adam Haman returns to address a small but vocal minority who allege that the Epstein file dump was a big nothingburger, and that there is no evidence for a global trafficking cult.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, Monetary Metals.The HamanNature substack.Help support the Bob Murphy Show.


Stablecoins, Gold, and the Fate of the US Dollar
#484
02/07/2026

Adam Haman returns, to help Bob unpack a fascinating article outlining the intersection of stablecoins and monetary compeition among the global powers.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsors, the Scott Horton Academy and The Swan Brothers.Bob's episode on a billionaire bunker, and the leaked briefing to the president.The HamanNature substack.Help support the Bob Murphy Show.


Robert Bryce Explains Why DC Cares So Much About Venezuelan Oil
#483
02/06/2026

Robert Bryce is an expert on energy markets and their intersection with geopolitics. He joins Bob to explain the long-standing US hostility toward the Chavez and then Maduro regimes. He also explains the fragility of the Cuban regime, which had depended on Venezuelan exports.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this interview.Robert Bryce's substack column. His previous interview on the InFi podcast talking about rare earths and magnets.The link for this episode’s sponsor, Monetary Metals.Help support the Bob Murphy Show.


Three Amazing Speeches at the World Economic Forum
#482
02/02/2026

Adam Haman returns to help Bob parse three amazing (in different ways) speeches at the WEF, given by Mark Carney, Donald Trump, and Javier Milei.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, the Scott Horton Academy.Links to the WEF speeches by Mark Carney, Donald Trump, and Javier Milei.The HamanNature substack.Help support the Bob Murphy Show.



Tony Lapidus Does Amazing Impressions and Tells Us How
#481
02/01/2026

Tony Lapidus is blowing up on X, known for his amazing Lex Fridman and other impressions. He showcases them for Bob, and explains his process.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this interview.Tony Lapidus on X, and on YouTube.The link for this episode’s sponsor, Monetary Metals.Help support the Bob Murphy Show.


Government Daycare Fraud and Free Market Solutions
#480
01/26/2026

Adam Haman returns for another crossover, this time discussing the daycare fraud in Minnesota, and how a free market would handle these issues.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, the Scott Horton Academy.Adam Haman's substack posts on MN fraud and LARPing.The HamanNature substack.Help support the Bob Murphy Show.



LEAKED: Trump's Secret Strategy Briefing
#479
01/25/2026

NOTE: THIS IS FICTITIOUS. I am trying to "steelman" the Administration's policies, to try to retroactively make sense of various moves they have made, that initially surprised me. I thought it would be more entertaining to present the material in this way; I didn't realize people might think it was an actual leak.

Bob relays leaked audio of a presentation that was apparently given recently to President Trump, outlining various military and economic considerations especially as relates to the China threat. It is essential for understanding the Administration's recent and future moves.

Mentioned in the Ep...


A Review of Kubrick's Largely Overlooked "Barry Lyndon"
#478
01/17/2026

Adam Haman returns for another installment in the artistic review series. This time he and Bob review Stanley Kubrick's 1975 period piece, "Barry Lyndon."

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.The trailer for Barry Lyndon.The HamanNature substack.Help support the Bob Murphy Show.


Abigail Hall on the Dubious History of US Intervention in Latin America
#477
01/14/2026

Abigail Hall is an economist at the University of Tampa. She has co-authored several books detailing the dangers of aggressive US foreign policy. In this episode she talks specifically about the Venezuelan operation and the arguments from its proponents.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this interview.Abby Hall and Patrik Ward's op ed on CIA intervention in Latin America.Abby Hall's homepage (with links to her books).The link for this episode’s sponsor, Monetary Metals.Help support the Bob Murphy Show.


Commentary on the Venezuela Commentary
#476
01/08/2026

Adam Haman returns for another crossover episode, this time to discuss the right-wing commentary on the capture of Nicolas Maduro (and his wife).

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.Ed Feser interview on the Catholic fathers' writings on international law.The HamanNature substack.Help support the Bob Murphy Show.


An Interdisciplinary Commentary on the Gospel Accounts of Jesus Christ: Installment 10, Being Born Again
#475
01/03/2026

Bob covers John 3: 1-12, where Jesus tells Nicodemus that he must be born again to see the kingdom of God.

Mentioned in the Episode and Other Links of Interest:

The previous episode in this series, i.e. BMS ep. 396, Installment 9: Cleansing the Temple.Help support the Bob Murphy Show.


What Does It Mean for Elon Musk to be Worth $749 billion?
#474
12/27/2025

Responding to the reaction over Elon Musk's recent estimated net worth of some $749 billion, Bob analyzes the economics of financial markets in much greater depth than the critics.

Mentioned in the Episode and Other Links of Interest:

A news item on Musk being worth $749 billion.The link for this episode’s sponsor, Monetary Metals.Help support the Bob Murphy Show.


Elon Predicts No Work and No Money
#473
12/18/2025

Adam Haman returns to discuss an intriguing panel featuring Elon Musk and Nvidia's Jensen Huang as they announced a business deal with Saudi Arabia.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this conversation.This episode’s sponsor, the Scott Horton Academy.The panel featuring Elon and Jensen Huang.Bob critiques Paul Craig Roberts on MRI outsourcing.The HamanNature substack.Help support the Bob Murphy Show.


Pontus Rendahl on His Failed Outreach to Heterodox Economists
#472
12/17/2025

Pontus Rendahl is a neoclassically trained economist who spent a decade at the University of Cambridge, which has a long tradition of hosting heterodox economics. He made good-faith efforts to interact with these outsiders but reports that the attempt bore little fruit.

Mentioned in the Episode and Other Links of Interest:

The YouTube version of this interview.The link for this episode’s sponsor, Monetary Metals.Pontus Rendahl's twitter thread on his outreach efforts.Help support the Bob Murphy Show.