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Robert P. Murphy (Robert P. "Bob" Murphy)


Robert P. "Bob" Murphy is an Austrian School economist and anarcho-capitalist.


Murphy earned his Ph.D. in economics from NYU in 2003. His dissertation was titled, Unanticipated Intertemporal Change in Theories of Interest.


After earning his doctoral degree, Murphy served as Visiting Assistant Professor of Economics at Hillsdale College in Michigan, U.S., a role he relinquished in the summer of 2006 when he moved back to New York City. From 2006 until early 2007, Murphy was employed as a research and portfolio analyst with Laffer Associates, an economic and investment consultancy firm.

Murphy is a senior fellow in business and economic studies at the Pacific Research Institute, and is an adjunct scholar and frequent speaker at the Ludwig von Mises Institute. He writes a column for Townhall.com and has also written for LewRockwell.com. He is an adjunct scholar at the Mackinac Center for Public Policy and an economist for the Institute for Energy Research. Murphy appeared before the United States House Committee on Financial Services on 24 July 2008 to discuss oil prices and the United States dollar. His work has been cited by Walter Block, with whom Murphy has also published. Murphy is a frequent radio guest. He appeared on "Free Markets With Dr. Mike Beitler" on the Voice America Business network on October 30, 2008, and has also been featured as a guest on The Political Cesspool.

In 2010, Murphy wrote Lessons for the Young Economist, an introductory textbook aimed at younger students. "The idea is that newcomers to economics — whether young people or even adults who have never read deeply in the Austrian tradition — should read this book first and then move on to the works of Hazlitt and Rothbard."


Murphy is a Christian, stating that "ethical beliefs are informed by [his] Christian faith, and a firm believer in natural law."


  • Other Interests

    Financial Economics, Interest theory, Trade, Game theory