Ask An Austrian, Ep. 3—Bob Murphy from Ask an Austrian

Ask An Austrian, Ep. 3—Bob Murphy

31 minutes Posted Sep 9, 2020 at 5:06 pm.

—GDP includes government spending. MV therefore includes what government spends. Does M include Fed infusions?

—What, if any, are the limits to consent under a libertarian/Austrian framework?

—Should there be government mask mandates to fight COVID-19?  Do Austrian economics or libertarian theory provide any perspectives on this question?

—In a voluntary society how could nuclear, biological, and chemical weapons be handled in a way that doesn't require a state, but also would stop deranged individuals from using them on peaceful people?

—Is there any moral limit on free trade? Is there any point at which another country or trading partner violates libertarian principles so egregiously that you cut off relations?

—Assuming it doesn't, why does protectionism not benefit the protected nation's industrial base?

—If there are no intellectual property laws, why would pharmaceutical companies do expensive research and development?

—In a truly free market economy would we see the ups and downs in the stock market, or the market in general, that we have been seeing the last 100+ years?

0:00

31:21

Download MP3

Share at current time

Show notes

Submit your questions for the next episode at AskAnAustrian.com!

Bob Murphy is the author of, among many other works, Choice: Cooperation, Enterprise, and Human Action. He his own podcast, The Bob Murphy Show, and was the co-host of the Contra Krugman podcast.

Question 1 @

Question 2 @

Question 3 @

Question 4 @

Question 5 @

Question 6 @ 21: 30—A lot of people are bullish about the current economy, including many libertarians. Are they right or are there reasons to anticipate another crash soon?

Question 7 @

Question 8 @

Question 9 @

← See all 13 episodes of Ask an Austrian