Robert Murphy (United States) is a Research Assistant Professor at the Free Market Institute (FMI) at Texas Tech University. Dr. Murphy earned his B.A. in economics from Hillsdale College and his Ph.D. in economics from New York University. He is currently the Senior Economist at the Institute for Energy Research, Senior Fellow with the Fraser Institute, Associated Scholar with the Ludwig von Mises Institute, and a Research Fellow at the Independent Institute.
Dr. Murphy has authored numerous scholarly articles and energy policy studies, over 100 popular publications for lay audiences, and multiple books. His most recent book is “Contra Krugman: Smashing the Errors of America's Most Famous Keynesian.” His current research focuses on the economics of climate change as well as the impact of minimum wages.
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Mark Pennington (United Kingdom) has been producing research which interests lie at the intersection of politics, philosophy and economics with an emphasis on the implications of bounded rationality and imperfect knowledge for institutional design. Moreover, he has a particular interest in the works of Hayek, public choice theory and related elements of the classical liberal tradition. His earlier work focussed on the political economy of environmental planning and regulation and explored the potential for property rights approaches to environmental problems. His more recent work has explored the implications of bounded rationality in the context of contemporary theories of deliberative democracy.
Dr. Pennington's latest book is "Robust Political Economy: Classical Liberalism and the Future of Public Policy." This work examines challenges to market liberal theory derived from neo-classical economics, communitarian political theory and egalitarian ethical theory and applies the lessons learned in the context of the welfare state, international development and environmental protection.