Robert P. Murphy
The Fraser Institute
Massachusetts, United States
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Past articles by Robert:
Inflation in Canada—follow the money
The Bank of Canada's “easy” policies help explain the current pain at the pumps. → Read More
Can Canada Avoid Europe’s Energy Crisis?
Robust economic growth as the world emerged from the pandemic, coupled with the world’s strong reliance on abundant and affordable energy from fossil fuels, has led to a significant post-COVID rebound in oil and gas consumption. According to most forecasters, oil and gas will continue to be a large component of the world’s energy mix in the next decades even in the most conservative estimations.… → Read More
Why Austrians Stress Ordinal Utility
David Friedman recently posted a critique of Austrian economics as laid out in the Rothbardian tradition. → Read More
Ottawa making electricity more expensive for Albertans
The federal carbon tax will ultimately max out at $170 per tonne in 2030. → Read More
Climate targets will make things worse for humanity
The standard climate literature does not justify the Paris Agreement's emission goals. → Read More
Bad government policies create energy crisis: op-ed
In Canada, gasoline prices have increased by 33 per cent. → Read More
Each party’s climate plan fails basic economics: op-ed
So-called “clean” energy sources will not be able to entirely replace fossil fuels in the near term. → Read More
Federal payout to steel plant exposes carbon tax flaw
The Trudeau government recently announced a federal grant of up $420 million to Algoma Steel. → Read More
1.5°C global warming target based on shaky science: op-ed
The Trudeau government wants to ban gasoline-powered cars by 2035. → Read More
Federal ‘net-zero’ target puts crosshairs on oil and gas workers
A new study estimates that up to 450,000 oil and gas jobs are at risk. → Read More
Cold hard facts—wind power no substitute for fossil fuels: op-ed
Government support for renewables in Canada will leave power grids more susceptible to blackouts. → Read More
Michigan governor’s ‘Line 5’ decision will hurt millions of Canadians and Americans
Almost 5,000 workers are directly employed in processing the petroleum products Line 5 brings to Sarnia. → Read More
Trends in Canadian Forest Fires, 1959–2019
In recent years, media coverage and academic discussions of extreme fire activity have fostered the belief among some Canadians that the country is suffering from a rising trend of destruction from forest fires. During the period of reliable data from 1959 to 2019, it is true that there has been a rising trend in fire activity calculated over the entire six decades. However, a closer inspection… → Read More
Trudeau’s ‘Clean Fuel Standard’ will likely do more harm than good: op-ed
The implicit tax rate of $200 per tonne is quadruple the federal carbon tax ceiling. → Read More
Arrow’s Impossibility Theorem Exposes a Big Problem with Democracy
There is arguably nothing more sacrosanct to today’s elites than “democracy”—by which they mean “a political outcome we endorse.” And yet ironically, one of the most surprising and powerful results in social choice theory, namely Kenneth Arrow’s so-called impossibility theorem, shows that even in pr → Read More
Trudeau climate plan more fairy tale than science: op-ed
According to Ottawa's new rules, energy and transportation projects must show “net-zero” emissions by 2050. → Read More
Man, Economy, and State: Money & Its Purchasing Power with Robert Murphy
Economist Robert Murphy joins the show to cover Rothbard's excellent treatment of money in Chapter 11 of Man, Economy, and State. Dr. → Read More
A Review of Stephanie Kelton’s The Deficit Myth
[Review of Stephanie Kelton, The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy (New York: PublicAffairs, 2020).] → Read More
Bitcoin and the Theory of Money
[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in late 2020.] → Read More
The Fed’s Massive Injection of "Liquidity" Also Benefits Uncle Sam
There’s a lot to be said regarding the Fed’s surprise announcements—including its Sunday surprise of $700 billion in renewed QE and the complete → Read More