Bob Murphy Show

Guido Hulsmann is a Senior Fellow with the Mises Institute andprofessor of economics at the University of Angers in France. He first discusses his article protesting the covid-19 lockdown in France. The conversation then turns to Guido's biography of Ludwig von Mises. The final segment of the episode is devoted to Guido's novel theory of interest, which rejects the standard pure time preference theory.Mentioned in the Episode and Other Links of Interest:The YouTube versionof this interview.Guido

Mentioned in the Episode and Other Links of Interest:The YouTube version of this interview.David R. Henderson's Hoover article on the "anti-stimulus" bill.David's past appearance on the Bob Murphy Show.David's Soho Forum debate (against Justin Wolfers) on the lockdown.A news article on the protest David helped organize.Sample issuesof theLara-Murphy Report.Help supportthe Bob Murphy Show.The audio production for this episode was provided byPodsworth Media.

Bob tackles some Keynesian / MMT fallacies that have resurfaced in light of the response to the coronavirus. In particular, he responds to Larry Summers who viewed the lockdown as being akin to workers staying home over the weekend, and then to Neil Irwin on Twitter, who approvingly retweeted a thread arguing that it was mathematically *impossible* for state governments to have saved ahead of time in preparation.Mentioned in the Episode and Other Links of Interest:Bob's article, "Why the Current

Levi Machado is a Brazilian pathologist who trained and now works in the NYC hospital network. As a fan of libertarian writers, Levi recognizes the problems with coercive "solutions" to a pandemic. However, Levi explains in the discussion what COVID-19 actually can do to the body, and why it's not reallycomparable to the flu. The conversation wraps up with tips on staying healthy.Mentioned in the Episode and Other Links of Interest:Examples of how Dr. Fauci and the progressive media initially

The hilarious stand-up comic and Rothbardian Dave Smith invites Bob onto his show, "Part of the Problem," to talk about the government's response to the coronavirus.Mentioned in the Episode and Other Links of Interest:Dave Smith's YouTube version of this interview.A great summary of the academic literature on whether face masks prevent the spread of the coronavirus.Help supportthe Bob Murphy Show.The audio production for this episode was provided byPodsworth Media.

Bob urges skeptics not to dismiss the panic over the coronavirus as merely due to anti-Trump fear-mongering. Although government coercion is not justified, the underlying health crisis is very real. Bob also explains the economics of the toilet paper shortage, and gives practical tips he is using to try to keep his own household safe.Mentioned in the Episode and Other Links of Interest:Bob and Carlos Lara's 2016 video, "How to Weather the Coming Financial Storms." Their book (with Nelson Nash), The

Oren Cassis the executive director of American Compass, a conservative think tank that stresses the importance of family and domestic industry,in opposition to a singleminded devotion to economic efficiency. Cass was previously a senior fellow at the Manhattan Institute for Policy Research, and was the domestic policy director for Mitt Romney's 2012 presidential campaign. Bob and Oren have a friendly discussion about their disagreements on economicpolicy.Mentioned in the Episode and Other Links of

Bob comments on various aspects of the response to the coronavirus. Although many libertarians are accusing the authorities of exaggerating the threat, it would also be a "libertarian take" to accuse them of downplaying the threat early on, misleading the public on how to stay safe. Bob also tries to clarify thinking about the Fed's repo bailouts and the outrage over hand sanitizer price gouging.Mentioned in the Episode and Other Links of Interest:U. of Minnesota's Michael Osterholm (head of Center