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October 4, 2007 Robert Murphy Αdjunct Fellow, Ludwig von Mises Institute & Pacific Research Institute in a lively conversation Politically Incorrect Virtues of Capitalism This talk will focus on areas where the free market leads to outcomes that most people say they want, even though these same people probably think government needs to provide regulation to achieve the outcome. For example, the free market penalizes discriminatory business practices and encourages stewardship of natural resources. In addition, controversial practices such as outsourcing and hostile takeovers are actually good for the consumer and make most Americans richer. Robert Murphy is an adjunct fellow with the Ludwig von Mises Institute and the Pacific Research Institute. He's an economist with the Institute for Energy Research specializing in the economics of climate change. His research focuses on the proper discount rate to be used in cost-benefit analyses and the implications of structural uncertainty for policy solutions.  He received his Ph.D. in economics from New York University in 2003, where he wrote his dissertation on capital and interest theory. After teaching at Hillsdale College for three years, he moved to the financial sector to work as an analyst for Arthur Laffer, of Laffer Curve fame. At Laffer Associates he worked on research papers forecasting interest and exchange rates, growth, and inflation.  He's the author of The Politically Incorrect Guide to Capitalism. He's written over 100 articles for the layman on free-market economics. He's also given numerous radio interviews and public lectures on economic topics. He's written study guides for the economic treatises of Ludwig von Mises and Murray Rothbard. He designed a Home Study Course in Austrian School economics.  He's also published several scholarly articles and notes in peer-reviewed journals, including The Journal of the History of Economic Thought, The American Journal of Economics and Sociology, and The Review of Austrian Economics. For more information on this Junto event, including time, location, and other features of the meeting see the October Junto page.

Celebrations of Ayn Rand's 100th, 101st, 102nd, 103rd, 104th and 105th birthdays Memorial for John Perry, a NYC police officer & Junto attendee, lost on 9/11 Charles Adams Dennis Ainsworth Bruce Ames June Arunga George B.N. Ayittey John Baden Michael Balboa Sallie Baliunas Randy E. Barnett Caroline Baum Tom Bethell Robert Bidinotto Terry Blodgett David Boaz Donald J. Boudreaux James Bovard Bill Bradford Barbara Branden Harry Browne David Ciocca Tyler Cowen Eugene R. Dattel James DeLong Francis X. Diebold Tom DiLorenzo Richard Ebeling Marty Edelston Ivan Eland Marsha Familaro Enright Richard Epstein Harold Evans Peter Ferrara Thomas Fleming Murray Franck Judge Marvin Frankel "Benjamin Franklin" David Friedman Jeffrey Friedman Patri Friedman Marshall Fritz Michael Fumento John Fund Arthur E. Gandolfi John Taylor Gatto Scott Douglas Gerber Henry Gifford George Gilder Mike Godwin Bettina Bien Greaves Gary Greenberg Aubrey de Grey Martin Gross Dan Grossman Thor Halvorssen Milo Hamilton Robin Hanson Dean Hazel Stephen Hicks Robert Higgs Jeremy Hildreth Erica Holzer Gary Hoover Jacob G. Hornberger Peter Huber Edward L. Hudgins Jeffrey Rogers Hummel Jerome Huyler Mitchell Jones Stephen Kagann Steve Keeley David Kelley Laurel Kenner Saul Kent Yasuhiko Genku Kimura Thomas L. Knapp Alan Charles Kors Richard Kostelanetz Lawrence Kudlow Steven Landsburg Sarah Lawrence Pierre Lemieux Jules Leopold Peter Lewin Marty Lewinter Will Lewis Carl Liedhom Seth Lipsky Felix Livingston Herbert London John R. Lott Jr. Cathy Luchetti Tibor Machan Marisa Manley Steve Mariotti Stanley Mason Megan McArdle Bill McCarthy John McCormack John L. McCormack Wendy McElroy John McGinnis Lawrence McQuillan Gabriella Megyesi Perry Metzger Jeffrey Miron Stephen Moore Deroy Murdock Robert Murphy Charles Murray Victor Niederhoffer Walter Olson Jane Orient Roger Pilon Virginia Postrel Benjamin Powell Jim Powell Ronald Radosh Douglas Rasmussen Greg Rehmke George Reisman Kenneth Rendell Adam Robinson Arthur Robinson Jim Rogers Michael Rothschild Candida Royalle Linda Russell Robert Schrade Jack Schwartzman Todd Seavey Larry Sechrest Hans F. Sennholz Amity Shlaes Tim Slagle Susan Slyman Fred L. Smith Jr. David Ramsay Steele Brett Steenbarger Richard W. Stevens Stephen Stigler John Stossel Michael Strong Jacob Sullum Alexander Tabarrok Joan Kennedy Taylor Peter Thiel Frank Tipler William Tucker Jesse Walker George Walsh Peter Lamborn Wilson Stephanie Winston Jim Wynne