Books
- Chaos Theory (2002) - A short, self-published work composed of two essays on market anarchy; one discussing the production of defense services, and one describing the provision of private criminal and civil justice.
- The Politically Incorrect Guide to Capitalism (April 2007) - A volume in the best-selling "Politically Incorrect Guide" series published by Regnery Publishing.
- The Politically Incorrect Guide to the Great Depression and the New Deal (April 2009)
Murphy has also designed a home study course in Austrian economics (2005), and has written a study guide for Murray Rothbard's
Man, Economy and State (with Power and Market) and Ludwig von Mises'
Human Action, both published and distributed by the Mises Institute.
Reviews
In the 14 May 2007 edition of
Human Events, reviewer Mac Johnson said of the
Politically Incorrect Guide to Capitalism that,
- it takes some discipline to distill complex concepts down to a convenient and accessible form. The Politically Incorrect Guide to Capitalism hits this markTopics covered include price theory, unions, CEO pay, the minimum wage, child labor and anti-discrimination laws, banking, the gold standard, environmental regulations, antitrust law, deficit spending, safety laws, bread and circuses, globalization, free trade, and the new investor class
In a 9 July 2007 review for
Barron's Magazine, Gene Epstein declared that the book,
- contains more economic wisdom in its fewer-than-200 pages than the average principles textbook several times its length. In clear and often irreverent prose, Murphy makes a compelling case for the unfettered free market, or what his intellectual antagonists would call "free-market fundamentalism."
Although the review is a generally favorable one, Epstein opines that "[o]ccasionally I wish Murphy weren't so irreverent." Referring to the five-question quiz with which Murphy opens the volume, and the answer key Murphy provides, Epstein says "the uninitiated could have benefited from more pointed explanations. I hope Murphy provides these explanations in a subsequent edition." Later in the same column, Epstein compares Murphy's
Guide to Thomas Sowell's
Basic Economics, noting that,
- I only wish Sowell were as informed about the economics of the Austrian school as author Robert Murphy. While Basic Economics and The Politically Incorrect Guide to Capitalism work well as companion volumes, in the few cases where they seem to disagree...as in the discussion of money and business cycles...Murphy's version is the more trustworthy.