“There is one good thing about Marx: he was not a Keynesian.”

--Murray Rothbard

The great Austrian School economist makes crystal clear his disdain for Keynesian economic theory in this one pithy and rather humorous statement. Unfortunately, there’s nothing humorous about the fact that Keynesian economic theory dominates the thinking in Washington, D.C., and in our major universities. That, as they say, is no laughing matter.

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