16 votes

OMG: World's Most Hilarious Economist? Bob Murphy goes "Macho Man" Randy Savage vs Mike 'Keynesian Tool' Norman!

Behold: When Econ Nerds go Wild!

It's Like Mike Norman Never Showed Up to This Video

http://youtu.be/ETPhXVME5Gs
Robert Murphy
Published on Oct 1, 2013

Macho Man Randy Savage - The Cream of the Crop

http://youtu.be/8C4lK41SX-Q

In June 2013 Austrian economist Robert P. Murphy debated Warren Mosler at Columbia University:

MMT vs. Austrian School Debate

http://youtu.be/cUTLCDBONok
ModernMoneyNetwor
Published on Jun 19, 2013

MODERN MONETARY THEORY VS. THE AUSTRIAN SCHOOL:
MACROECONOMIC DEBATES AMONG THE HETERODOXY

For discussion on this video, see here: http://www.modernmoneynetwork.org/1/post/2013/08/mmt-vs-aust...

A public debate on macroeconomic theory and policy with leading thinkers from Modern Monetary Theory (MMT) and the Austrian School. Warren Mosler represents MMT, Robert Murphy, Ph.D, represents the Austrian School, and John Carney moderates.

http://www.modernmoneynetwork.org/mmt-vs-austrian-school.html

DEBATERS

WARREN MOSLER is an early developer of Modern Monetary Theory (MMT), the President of Valance Co, Inc., and Senior Financial Advisor to Senator Ronald E. Russell, President of the 29th Legislature of the U.S. Virgin Islands. He is the founder and current manager of the III Funds, which peaked at over $5 billion AUM in 2007 and currently manages about $1.5 billion, as well as the Founder and President of Mosler Automotive, which manufactures the MT900 sports car in Riviera Beach, Florida. Mr. Mosler has written a number of academic papers on issues relating to macroeconomics and monetary policy, and is the author of Seven Deadly Innocent Frauds of Economic Policy (2010). He maintains a personal blog, The Center of the Universe (http://moslereconomics.com), and can be followed on Twitter at http://moslereconomics.com.

ROBERT MURPHY, Ph.D, is a Senior Economist with the Institute for Energy Research and an Associated Scholar at the Ludwig von Mises Institute, where he teaches at the Mises Academy. He is also an adjunct scholar at the Mackinac Center for Public Policy. From 2003 until 2006, Murphy was Visiting Assistant Professor of Economics at Hillsdale College in Michigan, U.S. From 2006 until early 2007, he was employed as a research and portfolio analyst with Laffer Associates, an economic and investment consultancy in New York. He runs the blog Free Advice (http://consultingbyrpm.com/blog) and writes a column for Townhall.com and has also written for LewRockwell.com. He is the author of a number of books including The Politically Incorrect Guide to Capitalism and Lessons for the Young Economist.

MODERATOR

JOHN CARNEY is a senior editor at CNBC.com, covering Wall Street, hedge funds, financial regulation and other business news. Prior to joining CNBC.com, Carney was the editor of Business Insider's Clusterstock.com and DealBreaker.com. He has also written for The Wall Street Journal, The New York Times, The New York Sun, Page Six Magazine, Gawker, TheAtlantic.com, The Daily Beast, Time Out New York, Fortune and New York magazine. Carney practiced corporate law at firms such as Skadden, Arps, Slate, Meagher & Flom and Latham & Watkins, primarily representing banks, hedge funds and private equity firms. He received his law degree from the University of Pennsylvania.

Murphy alluded to an exchange with Mike Norman in the Q&A after the debate in this lecture:

My Time on the Battlefield | Robert P. Murphy

http://youtu.be/NRtAKeAo-jQ
misesmedia
Published on Sep 17, 2013

Archived from the live Mises.tv broadcast, this lecture was presented by Robert Murphy at the 2013 Mises University, hosted by the Mises Institute in Auburn, Alabama, on 24 July 2013.

Mike Norman then responded with this:

[** Ratings & Comments disabled. Gee, wonder why...]

Economist Robert Murphy smears me for a cheap laugh! [Well, whyTF not, Norm, ya pansy??]

http://youtu.be/CuIWUArl2g4
Michael Norman
Published on Aug 14, 2013

In a recent talk he gave to his students following his shellacking by Warren Mosler, Murphy singles me out by name for a cheap shot. What a tool!

This video is a response...




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In the actual debate

In the actual debate itself, not a good showing by Murphy. He should have absolutely drilled Wosler on his whole "natural interest rate is zero spiel".

Plan for eliminating the national debt in 10-20 years:

Overview: http://rolexian.wordpress.com/2010/09/12/my-plan-for-reducin...

Specific cuts; defense spending: http://rolexian.wordpress.com/2011/01/03/more-detailed-look-a

michcrow's picture

Very Very Funny!!

Very very funny!!

Two shorten the road.

just to be sure

This is the video of macho man at his peak: http://youtu.be/aZcykZBZKJw
Shoutouts to ball of confusion and sun ra... Far out.

lol

I WAS about to post that exact clip when I was searching for some clips to go along with Murphy's, but chose not to.)

regardless, but he was soooooooooo f'ng hilarious!

Predictions in due Time...
http://www.youtube.com/watch?v=zGDisyWkIBM

"Let it not be said that no one cared, that no one objected once it's realized that our liberties and wealth are in jeopardy." - Dr. Ronald Ernest Paul

the two biggest jack@sses in

the two biggest jack@sses in economics. deserve each other.

I would have thought that

I would have thought that atleast one of them would have fallen behind Ben Bernanke or Paul Krugman.

updated

...

Predictions in due Time...
http://www.youtube.com/watch?v=zGDisyWkIBM

"Let it not be said that no one cared, that no one objected once it's realized that our liberties and wealth are in jeopardy." - Dr. Ronald Ernest Paul

updated

....

Predictions in due Time...
http://www.youtube.com/watch?v=zGDisyWkIBM

"Let it not be said that no one cared, that no one objected once it's realized that our liberties and wealth are in jeopardy." - Dr. Ronald Ernest Paul