Murray Rothbard Quotes

The Keynesian prescription for unemployment rests on the persistence of a 'money illusion' among workers, i.e., on the belief that while, through unions and government, they will keep money wage rates from falling, they will also accept a fall in real wage rates via higher prices.

Murray Rothbard

Recitation: by Male by Female

Author Biography

  • Author Profession: economist
  • Nationality: american
  • Birth: March 2, 1926 - January 7, 1995

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