Bob Murphy Show

Taking a recent Twitter exchange as a springboard, Bob argues that George Selgin has unwittingly conceded the entire argument they had at the SoHo Forum: namely, fractional reserve banking by its very essence causes a mismatch between the community's saving and the funds made available for loans via the banks.
Mentioned in the Episode and Other Links of Interest:
Keith Vencel's new book, A New Monetary System.
The SoHo Forum debate between Selgin and Murphy.
Selgin's posts on ABCT and FRB (one and two).
Bob's Human Action episode on Mises and FRB.
Bob's QJAE article on FRB and the business cycle.
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Adam Haman returns to discuss the Japan/US bailout of the yen, and Japan's relation to the US position. What does it signify for QE and deficit spending?
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this episode.
This episode’s sponsor, The Swan Bros.
The HamanNature substack.
Help support the Bob Murphy Show.

Adam Haman helps Bob analyze Luke Gromen's recent interview, in which he argued that high inflation was the only way to end "fiscal dominance" in the US.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this episode.
Luke Gromen interview on the "What Bitcoin Did" podcast.
Bob interviews Gromen on the Human Action podcast.
Bob interviews Lyn Alden on her book, Broken Money.
This episode's sponsor, The Swan Bros.
The HamanNature substack.
Help support the Bob Murphy Show.

Adam Haman returns to help Bob analyze Nolan's latest blockbuster. Hint: the right-wingers lied to you.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this episode.
The HamanNature substack.
Help support the Bob Murphy Show.

Frequent guest Gene Callahan returns to present a talk he's been giving in academic circles, which relies on standard computer science to argue that LLMs can't possibly be thinking "about" the external world in the same way humans do. Economist and philosopher Kevin Vallier joins the discussion.
Mentioned in the Episode and Other Links of Interest:
The YouTube version of this episode.
Gene Callahan on the ghost in the AI machine.
Callahan's homepage. Vallier's homepage.
Help support the Bob Murphy Show.