AUTHOR ARCHIVES: Robert Murphy

The Domestic Energy Bonanza and the Economy Blog

peak-oil

A recent commentary on the Washington Post’s “Wonkblog” illustrates the ability of professional economics to collide with common sense. The article seeks to pooh-pooh the idea that America’s oil and natural gas expansion have contributed much to the (anemic) economic …

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Earth Day and Capitalism Blog

earth

On Monday millions of people around the world celebrated Earth Day. Although there are always exceptions, it’s safe to say that the vast majority of these people are in favor of more government regulations to (allegedly) protect nature and the …

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MURPHY: Ethanol Proponents Mislead on Gas Prices Analysis Biomass

ethanol-funnel-scam

In their recent op-ed on the ethanol mandate and gas prices, Tom Buis and Bob Dinneen greatly misled Politico’s readers with both contradictory claims and withholding crucial facts. Both the government’s own analysis and common sense tell us ethanol mandates …

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White House Budget Taxes Producers, Subsidizes Inefficiency Blog

Cover of FY2014 Budget

The White House has released its FY 2014 Budget Proposal. It is a mix of massive tax hikes on the most productive segments of our economy, and a continuation of wasteful subsidies to sectors that fail the market test. …

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The IMF’s Outlandish Claims About Energy Subsidies Climate Change

IMF logo

Last week the IMF released a report that called on governments around the world to stop subsidizing energy. Initially we were shocked—as proponents of letting the market determine the allocation of resources, we at IER have opposed all energy subsidies

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