Robert P. Murphy

With the accelerating onset of automation, the loss of manufacturing jobs in the west, a spiralling rise in income inequality, and the obvious failure of our welfare systems to provide those at the bottom of the economic ladder with a clear path out of poverty, many are looking for an alternative approach that will meet everyone's needs and guarantee them a dignified standard of living.Most prominent among these approaches is the Universal Basic Income (UBI) or Basic Income Guarantee (BIG). The idea is simple. Each and every citizen will be entitled to a sum of money from the government - regardless of their income or occupation. Not a huge sum of money, but enough to ensure that their basic needs were met and that they wouldn't gohungry. Advocates on the left claim it would close the poverty trap where people are deterred from joining the workforce by the potential loss of their benefits, while freeing people from the capitalist mindset where our only role is to produce something that others can consume so that we can consume things that others produce. Advocates on the right claim it will save the market economy from socialism and central planning, while removing the disincentive to work provided by the current welfare state and reduce bureaucracy and government waste by simplifying the complex array of benefits to one single payment.In this original take on the Universal Basic Income scheme, economist Antony Sammeroff explores the pros and cons of The Basic Income Guarantee, launching into an investigation of radical reforms to the economy which would help everyone gain more freedom and reach their grander aspirations.A truly inspiring, life affirming and rationally optimistic read.

It's no secret that the U.S. health care system is in a state of disrepair, but the rabbit hole goes deeper than even the staunchest critics may realize. In Primal Prescription , authors Doug McGuff, MD and Robert P. Murphy, PhD, combine their expertise in economics and medicine to offer a shocking, disturbing, and ultimately enlightening view into America's health care system. You'll discover the real history of what went wrong with U.S. health care and insurance, and why current efforts to clean up the mess are only making things worse. But far from leaving you feeling helpless at the dismal—and sometimes deadly—state of affairs, Primal Prescription equips you with both the knowledge to understand the health care conundrum and the tools for navigating your way out of it. McGuff and Murphy offer an evidence-based "game plan" for taking control of your own medical care, protecting yourself and your loved ones regardless of what the future holds for the rest of the nation. Whether you're currently tangled in America's broken health care system or simply trying to avoid its clutches, Primal Prescription is a must-have resource for taking your health into your own hands.

Human Action - a treatise on laissez-faire capitalism by Ludwig von Mises is a historically important and classic publication on economics, and yet it can be an intimidating work due to its length and formal style. Choice: Cooperation, Enterprise, and Human Action, however, skillfully relays the main insights from Human Action in a style that will resonate with modern readers. The book assumes no prior knowledge in economics or other fields, and, when necessary, it provides the historical and scholarly context necessary to explain the contribution Mises makes on a particular issue. To faithfully reproduce the material in Human Action, this work mirrors its basic structure, providing readers with an enjoyable and educational introduction to the lifes work of one of history's most important economists.

This book is the one resource that liberty lovers need to learn the essentials of how Bitcoin works, and the economic implications of it.Electronic version can be found at: http: //understandingbitcoin.us

LARGE PRINT EDITION More at LargePrintLiberty.com Among the most advanced topics in the literature in the Austro-libertarian milieu is that which deals with the workings of the fully free society, that is, the society with no state, or anarcho-capitalism. Robert Murphy deals with this head on, and makes the first full contribution to this literature in the new century. Working within a Rothbardian framework, he takes up the challenge of Hans Hoppe regarding the role of market insurance in property security to extend the analysis to the security of person.His applications are part empirical and part speculative, but unfailingly provocative, rigorous, and thoughtful. The title itself refers to the supposed chaos that results from eliminating the state but Murphy shows that out of chaos grows an ordered liberty. Anyone interested in exploring the farthest reaches of anarchist theory must come to terms with Murphy's account.

Most commonly accepted economic "facts" are wrong Here's the unvarnished, politically incorrect truth. The liberal media and propagandists masquerading as educators have filled the world--and deformed public policy--with politically correct errors about capitalism and economics in general. In The Politically Incorrect Guide(tm) to Capitalism, myth-busting professor Robert P. Murphy, a scholar and frequent speaker at the Ludwig von Mises Institute, cuts through all their nonsense, shattering liberal myths and fashionable socialist cliches to set the record straight. Murphy starts with a basic explanation of what capitalism really is, and then dives fearlessly into hot topics like:* Outsourcing (why it's good for Americans) and zoning restrictions (why they're not) * Why central planning has never worked and never will * How prices operate in a free market (and why socialist schemes like rent control always backfire) * How labor unions actually hurt workers more than they help them * Why increasing the minimum wage is always a bad idea * Why the free market is the best guard against racism * How capitalism will save the environment--and why Communist countries were the most polluted on earth * Raising taxes: why it is never "responsible" * Why no genuine advocate for the downtrodden could endorse the dehumanizing Welfare State * The single biggest myth underlying the public's support for government regulation of business * Antitrust suits: usually filed by firms that lose in free competition * How tariffs and other restrictions "protect" privileged workers but make other Americans poorer * The IMF and World Bank: why they don't help poor countries * Plus: Are you a capitalist pig? Take the quiz and find out! Breezy, witty, but always clear, precise, and elegantly reasoned, The Politically Incorrect Guide(tm) to Capitalism is a solid and entertaining guide to free market economics. With his twelve-step plan for understanding the free market, Murphy shows why conservatives should resist attempts to socialize America and fight spiritedly for the free market.