Playing Favorites is the twenty-third album by American singer-songwriter Michael Martin Murphey. Released August 21, 2001, the album features completely new recordings of eleven of the artist's country, cowboy, and popular crossover classics, as well as one new song. In his liner notes, Murphey writes that "songs are like children; they grow, evolve, change with time." The concept behind Playing Favorites was to document the growth and evolution of his best-loved tunes, using many new musicians and modern recording techniques not available when the original recordings were done.