Bob Murphy Show
The podcast promoting free markets, free minds, and grateful souls.
Remembering the Economic Contributions of Rothbard and Garrison
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
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?
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
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
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?
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
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
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
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
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
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
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"
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
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
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
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?
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
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
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.Reaction to Eric Weinstein on Gauge Theory in Economics
Adam joins Bob in reviewing Bob's recent conversation with Eric Weinstein, on his work (with Pia Malaney) in applying gauge theory to economics. Bob argues that neoclassical economists but also Austrians should consider Eric's bold proposals.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this conversation.This episode’s sponsor, the Scott Horton Academy.Bob's original interview of Weinstein on the InFi podcast.The HamanNature substack.Help support the Bob Murphy Show.Are There Theoretical Limits to AI
Adam Haman returns, this time to help Bob analyze clips from Adam's own show. Specifically, Adam had interviewed two authors (Jobst Landgrebe and Barry Smith) on their book claiming that AI had in-built limits.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.The Haman Nature interview of the authors, and a solo Haman interview of Landgrebe.Bob's interview on the halting problem, his "conversation" with GPT4, his explanation of Godel's Theorem, and his theological explanation of the mysterious success of LLMs. Someone else...David Brady Jr on the NEW Neoconservatives
David Brady Jr joins Bob to discuss his essay on the new neoconservatives, including such figures as Douglas Murray and James Lindsay.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview.The link for this episode’s sponsor, Monetary Metals.David's article on the new neoconservatives, and his article on woke baiting.Help support the Bob Murphy Show.Steve Landsburg REALLY Explains Einstein's Theory of Special Relativity
Economist Steve Landsburg gives a presentation based on his new book, which uses intuitive analogies to really explain the slowdown in time and other odd implications of the theory of special relativity.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview.Order Steve Landsburg's books.A great "Mechanical Universe" episode showing Lorentz transformations with intuitive animations.BMS interview with Landsburg on the math genius Grothendieck.Help support the Bob Murphy Show.The Weaknesses of Game Theory
Adam Haman returns for another crossover. In this episode, they give the brief history and a critique of formal game theory.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.Bob's article on A Beautiful Mind.The HamanNature substack.Help support the Bob Murphy Show.Dr Keith Smith Testifies With Mark Cuban to Congress
Keith Smith is founder of the Surgery Center of Oklahoma. He returns to the podcast to summarize his recent testimony on medical costs.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview.The CSPAN video of the testimony.The Surgery Center of Oklahoma. The Free Market Medical Association (FMMA). Matt Ohrt's appearance on the BMS.The Tuttle Twins Academy (with Black Friday discount).Help support the Bob Murphy Show.Scott Horton Explains Why Antiwar Guys Can Still Be Tough
Founder of the Libertarian Institute, Scott Horton, joins Bob to discuss the new online academy dedicated to revisionist history. Along the way, he explains why he had no trouble being a right-wing antiwar ideologue in his formative years.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview.The link for Scott Horton Academy (use promo code "BOB").Scott's page at the Libertarian Institute.The trailer for The Bibi Files.Help support the Bob Murphy Show.Parsing Curtis Yarvin's Rendition of Misesian Monetary Theory
Steve Patterson joins Bob to analyze a recent interview of Curtis Yarvin, in which he favorably discusses Mises' views on money and banking.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this episode.Yarvin on the Peter McCormack show.Bob's prior critique of Yarvis on libertarianism and finance.Bagus and Howden responding to Block and Barnett on maturity mismatching.Steve Patterson on three paradoxes in mathematics.Help support the Bob Murphy Show.Debating Allied Entry into World War II
Adam Haman returns to assess clips a recent ZeroHedge debate between Keith Knight and Jim Holland, on whether the Allies should have entered World War II.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.The link to the ZeroHedge debate between Keith Knight and Jim Holland.Bob's source for WW2 production figures.The HamanNature substack.Help support the Bob Murphy Show.The Full Story Behind the Venezuelan Motorboats
Kyle Anzalone joins Bob to discuss the details behind US strikes on boats off the coast of Venezuela, including the release of the survivors. Kyle then summarizes some other foreign policy hotspots.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview.The link for this episode’s sponsor, Monetary Metals.Kyle's page at the Libertarian Institute.DEA report (from 2020) on the sources of fentanyl into the US.The Kyle Anzalone Show, as well as his show Conflicts of Interest.Max Blumenthal interview on the Bay of Piglets.Help support the Bob Mu...Baptists and Bootleggers in the Tucker/Shapiro Feud over Fuentes
Bob gives a friendly critique to Clint Russell and other antiwar podcasters for unwittingly conceding the framing of Ben Shapiro and James Lindsay, when it comes to the place of Nick Fuentes in their ranks.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this episode.Clint Russell's episode on Fuentes conquering TPUSA. Ben Shapiro on Tucker Carlson as the bad guy.Bobby Darin performance that rivals any German dictator.Bob's earlier episode responding to Fuentes' arguments.Help support the Bob Murphy Show.Criticizing Molyneux on the Rules of War and Tucker on Libertarian Economists
Adam Haman returns to critically assess clips from Stefan Molyneux (on the morality of war) and Tucker Carlson (and the allegedly insidious role of libertarian economists in hurting Americans).
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this conversation.This episode’s sponsor, The Swan Brothers.The link to Stefan's episode. The link to Tucker's episode.The HamanNature substack.Help support the Bob Murphy Show.Chicago-Trained Alberto Bisin Defends the Use of Mathematics in Economics
Bob has a delightful discussion with one of his NYU professors on the recent controversy regarding the use of math in economics.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview.Paul Romer's critique of "mathiness" in the theory of economic growth.Bob's doctoral dissertation, with mathematical appendix showing the problems with assuming the real rate of interest equals the marginal product of capital. (The punchline is equation [4] on page 190.)The link for this episode’s sponsor, Monetary Metals.Help support the Bob Murphy Show.Unpacking Arthur Laffer's Economic History
Adam Haman returns to help Bob unpack the juicy economic history from a recent Hoover Institution interview of Arthur Laffer.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this conversation.The Hoover Institution interview of Arthur Laffer.Bob's book Understanding Money Mechanics.The HamanNature substack.Help support the Bob Murphy Show.Matt Ohrt On How He Saved His Company Millions in Health Care Expenses
Matt Ohrt is the Executive Director of the Free Market Medical Association. He tells Bob various stories from his experience in helping companies save millions by opting out of the conventional government/insurance health care system.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview.The Free Market Medical Association (FMMA) homepage.Matt Ohrt's book, Save Your Company! Don't Feed the Beast.The link for this episode's sponsor, Monetary Metals.Help support the Bob Murphy Show.What Went Wrong with Oregon's Drug Decriminalization?
Reason producer Zach Weissmueller joins Bob for a tough but informative discussion on why rolling back the drug war is more nuanced than what many libertarians might believe. Zach produced a documentary and just debated at the SoHo Forum on why Oregon's drug decriminalization was overturned.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this interview.Zach Weismueller's post-decrim documentary.The SoHo Forum debate on Oregon's decrim experiment.The link for the New American magazine.Help support the Bob Murphy Show.Adam Haman and Bob Murphy Review The Big Kahuna
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.By Popular Request, Bob Murphy Responds to Nick Fuentes' Arguments
In a recent episode, Adam Haman joined Bob to critically assess a clip from Nick Fuentes. His fans flooded the comments, saying that we ran from the actual debate. In this episode, Bob explains his objections.
Mentioned in the Episode and Other Links of Interest:
BMS ep. 453 in which Adam Haman and Bob criticized Fuentes.Bob's takedown of Lincoln's argument for tariffs.The link for Monetary Metals.Help support the Bob Murphy Show.Analyzing the Coleman Hughes vs Dave Smith Debate
Adam Haman returns to first comment on the recent Nick Fuentes rehabilitation tour, and then the main event: Analyzing the Coleman Hughes vs. Dave Smith debate.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this conversation.Coleman Hughes vs. Dave Smith.Dave Smith responds to the "seven countries in five years" challenge.This episode’s sponsor, The Swan Brothers.BMS ep 95 with Tareq Haddad on the OPCW Syria scandal.The HamanNature substack.Help support the Bob Murphy Show.The Game of Life: Why Religious Faith Works
Bob draws on numerous examples from everyday adult wisdom to explain why religious obedience bestow benefits, perhaps counterintuitively.
Mentioned in the Episode and Other Links of Interest:
The link for the 2025 ExPat Money Summit.The link for Monetary Metals.Help support the Bob Murphy Show.Evaluating Strategies for Liberty
Adam Haman returns to help Bob critically assess the various strategies for promoting liberty that they and their colleagues have tried.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this conversation.The link for the 2025 ExPat Money Summit.This episode’s sponsor, The Swan Brothers.Bob's interview of Patri Friedman on Prospera. His recent interview with Spike Cohen on You Are the Power.The HamanNature substack.Help support the Bob Murphy Show.