Explore popular quotes and sayings by an American economist Robert P. Murphy.
Last updated on December 3, 2024.
Robert Patrick Murphy is an American economist. Murphy is Research Assistant Professor with the Free Market Institute at Texas Tech University. He has been affiliated with Laffer Associates, the Pacific Research Institute, the Institute for Energy Research (IER), the Independent Institute, the Ludwig von Mises Institute, and the Fraser Institute.
You don't help a depressed economy by giving control of its resources to politicians.
Given the large uncertainties at each major step of the case for reliance on a carbon tax, economists should reconsider their current support for such a policy.
Those who controlled private capital largely walked away from the US economy for the entire 1930s, refusing to pump in enough new investment even to replace the machinery and goods-in-process that were consumed during the decade.
I reject the peak oil theory insofar as it refers to technological limits on human ingenuity.