Adam Haman helps Bob dissect a recent episode of the Coleman Hughes show, where he interviewed Iman Virjee on his new book on asset bubbles. Bob clarifies the description, and then pushes back on Virjee's analysis of the Great Depression.

Mentioned in the Episode and Other Links of Interest:

• The YouTube version of this episode.
• Coleman Hughes' interview of Aman Virjee.
• This episode’s sponsor, the free Plan-B guide from ExPatMoney.
• Bob's article on the Depression of 1920-1921. Bob's book on the Great Depression. Bob's presentation on theories of the Depression.
• The HamanNature substack.
• Help support the Bob Murphy Show.

Relying on his Journal of Libertarian Studies review essay of Kevin Carson' book on mutualism, Bob first explains--and then critiques--the labor (and cost) theory of economic value. This was not exclusively a Marxist idea; it was held by Adam Smith and other classical economists.

Mentioned in the Episode and Other Links of Interest:

• Bob's paper in the JLS critiquing the labor theory of value.
• This episode’s sponsor, the free Plan-B guide from ExPatMoney.
• Help support the Bob Murphy Show.

Adam Haman returns for another literary episode, this one reviewing Larry McMurtry's classic Western, "Lonesome Dove." He and Bob praise not just the story, but the novel's writing too.

Mentioned in the Episode and Other Links of Interest:

• The YouTube version of this episode.
• This episode’s sponsor, the free Plan-B guide from ExPatMoney.
• The HamanNature substack.
• Help support the Bob Murphy Show.