Ep. 17 Alex Tabarrok on Tolerant Rothbardians, the Market for Kidneys, and Potential Security Flaws in Bitcoin

Published: Feb. 19, 2019, 10:30 a.m.

https://www.bobmurphyshow.com/wp-content/uploads/2019/02/tabarrok.jpeg ()Alex Tabarrok is a professor of economics at George Mason University and co-author (with Tyler Cowen) of the very popular blog, Marginal Revolution. Bob and Alex cover a wide range of topics, including his early experience with Rothbardians, the brief window when economics blogs were the center of discussion, problems with the FDA, how a kidney market might work, and why Bitcoin is not as secure as some of its fans believe. Mentioned in the Episode and Other Links of Interest: Alex Tabarrok’s https://mason.gmu.edu/~atabarro/ (homepage) and blog, https://marginalrevolution.com/ (Marginal Revolution). The online economics courses created by Tabarrok and Cowen, https://www.mruniversity.com/ (MRUniversity). Cowen & Tabarrok’s https://www.macmillanlearning.com/catalog/static/worth/cowentabarrok/ (economics textbooks). Tabarrok’s edited collection, https://www.amazon.com/gp/product/B018DWGJ92/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=consultingbyr-20&creative=9325&linkCode=as2&creativeASIN=B018DWGJ92&linkId=7e69f3f647ff42e1cb50112910c68fba (The Voluntary City). The Great Debt Debate–https://www.theamericanconservative.com/articles/does-government-debt-burden-our-grandkids/ (an intuitive intro) and https://consultingbyrpm.com/blog/2012/01/the-economist-zone.html (the epic fable) with all of the relevant links. Scott Sumner’s book, https://www.amazon.com/gp/product/1598131508/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=consultingbyr-20&creative=9325&linkCode=as2&creativeASIN=1598131508&linkId=cde56c5edd204539d115ea6b30e11b4c (The Midas Paradox), as well as https://mises.org/library/gold-standard-did-not-cause-great-depression-1 (Murphy’s (critical) review) of it. https://marginalrevolution.com/marginalrevolution/2015/08/is-the-fda-too-conservative-or-too-aggressive.html (Tabarrok blog post) on problems with the FDA. Murphy’s book (co-authored with Doug McGuff) highlighting flaws with the FDA, https://www.amazon.com/gp/product/1939563097/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=consultingbyr-20&creative=9325&linkCode=as2&creativeASIN=1939563097&linkId=fc5f1885cb5c52c8132aea43a2bf0f5b (The Primal Prescription). Tabarrok on the U.S. http://www.econlib.org/library/Columns/y2009/Tabarroklifesaving.html (organ shortage). http://understandingbitcoin.us (Murphy’s introductory booklet) (co-authored with Silas Barta) on Bitcoin. https://marginalrevolution.com/marginalrevolution/2019/01/bitcoin-much-less-secure-people-think.html (Tabarrok blog post) on why Bitcoin is less secure than most people think. The sound engineer for this episode was Chris Williams. Learn more about his work at http://www.ChrisWilliamsAudio.com (ChrisWilliamsAudio.com).