LPP 53 w Dr. Bob Murphy | "Old Right" v. "New Right" & Austrian Business Cycle Theory

Thank you for watching this week's episode of the "Let People Prosper" podcast. Today, I'm honored to be joined by Dr. Bob Murphy, senior fellow with the Mises Institute, prolific author, and host of The Bob Murphy Show podcast. We discuss: 1) What’s been called the "old right" vs. the "new right", where Oren Cass of the “new right” gets some things correct, and the flaws in this view’s solutions to perceived market failures; 2) The Austrian Business Cycle Theory and what the Austrian School of economics tells us about current issues with inflation and interest rates; and 3) Learning from past errors in misdiagnosing economic events, theories about how the current economy will bust, and more. Check out Dr. Murphy's podcast: https://mises.org/library/bob-murphy-show If you enjoyed the show, please consider leaving a 5 star rating, a review, and sharing on social media. For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter on Substack (https://vanceginn.substack.com).

Om Podcasten

What works best to let people prosper? Join leading free-market economist Vance Ginn, Ph.D. as he works to understand this question through weekly interviews with interesting people on Tuesdays and weekly economic updates on Fridays. His insights build on past lessons, being president of Ginn Economic Consulting, and contributing to more than 15 think tanks while formerly teaching economics in academia and serving as chief economist of the White House's OMB. Dr. Ginn is a Christian, husband, father of three kids, classical liberal, and rock drummer who resides near Austin, Texas.